Close Menu
    Latest Posts

    Spirit Airlines’ collapse, high gas prices, airfares test limits of summer vacation spending

    May 24, 2026

    Comptroller Issues Statement Explaining Abstention from FDIC Vote on Resolution Plan Feedback

    May 24, 2026

    Bitcoin’s hard-money thesis is colliding with 5% Treasury yields

    May 24, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Spirit Airlines’ collapse, high gas prices, airfares test limits of summer vacation spending
    • Comptroller Issues Statement Explaining Abstention from FDIC Vote on Resolution Plan Feedback
    • Bitcoin’s hard-money thesis is colliding with 5% Treasury yields
    • Better Financial Sector ETF: Vanguard’s VFH vs. State Street’s XLF
    • Anyone Saying That AI Is Not Replacing Jobs, Is Lying
    • World’s Most Fervent Day Traders in Korea to Get Risky New Tools
    • The Next Stock That Could Surge by 1000%?
    • Restaurants Navigate Higher Food Costs as Burger Season Begins
    Facebook X (Twitter) Instagram
    MoneyLister – Smart Investing & Financial NewsMoneyLister – Smart Investing & Financial News
    Sunday, May 24
    • Home
    • Banking
    • Business
    • Crypto
    • Economy
    • Fintech
    • Investing
    • Markets
    • Stocks
    MoneyLister – Smart Investing & Financial NewsMoneyLister – Smart Investing & Financial News
    Home»Business»Plan to pedestrianise London’s Oxford Street given official go-ahead | London
    Business

    Plan to pedestrianise London’s Oxford Street given official go-ahead | London

    AdminBy AdminFebruary 26, 2026No Comments3 Mins Read
    Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
    Plan to pedestrianise London’s Oxford Street given official go-ahead | London
    Share
    Facebook Twitter Pinterest Email Copy Link

    Plans to pedestrianise London’s Oxford Street have been given the official go-ahead, with the mayor, Sadiq Khan, promising to create a “world-leading urban space”.

    The remaining traffic – buses and taxis but also bikes, e-scooters and pedicabs – should be removed this summer, after a second public consultation on reshaping a central stretch of the capital’s famous shopping street.

    Work will start in the coming months until late 2027 to transform the street west of Oxford Circus after the decision on Thursday.

    Khan is expected to set out more details of his plans for the area next week but the mayor has championed pedestrianisation as a way to boost businesses and revive London’s hospitality and the nightlife sector.

    He said: “I am delighted to be moving forward with my bold vision to transform Oxford Street into a world-leading urban space for shopping, leisure and outdoor events.”

    An initial consultation last year showed widespread public support for the plan among 6,600 respondents.

    While Oxford Street has already been largely closed to general traffic, full pedestrianisation is an ambition that has been dragged out for decades, partly because of disputes between City Hall and Westminster council.

    Alex Williams, the chief customer and strategy officer at Transport for London (TfL), said: “We will work closely with Westminster council in the coming months to implement changes to the roads around Oxford Street, and the mayor will provide more information on the next steps for this transformational scheme next week.”

    More than 2,700 people responded to the second consultation, on the detailed layout of the scheme and how traffic will be diverted. TfL will press ahead with the proposals, which still allows limited traffic to cross from most sidestreets but pedestrianises the core shopping area.

    Buses will mainly be diverted to Wigmore Street, a road running parallel to the north.

    Big retailers along the street, including department stores Selfridges and John Lewis, have backed pedestrianisation, hoping it will help restore the sheen of an area that had in recent years been dotted with stores of dubious repute.

    Taxi drivers, however, have criticised the move, warning that the closure is likely to further slow journeys through the congested heart of London.

    TfL acknowledged in the consultation that some bus journeys would now take longer, while hundreds of vehicles will have to be diverted on to routes in surrounding streets in peak hours. It said that concerns about access for people of reduced mobility would be mitigated by easier movement for wheelchairs and buggies on the pedestrianised street.

    goahead London Londons official Oxford pedestrianise Plan Street
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
    Admin
    • Website

    Related Posts

    Business

    Spirit Airlines’ collapse, high gas prices, airfares test limits of summer vacation spending

    May 24, 2026
    Banking

    Comptroller Issues Statement Explaining Abstention from FDIC Vote on Resolution Plan Feedback

    May 24, 2026
    Business

    Whole Foods minestrone soup recalled in 17 states over undeclared shrimp

    May 23, 2026
    Business

    Estée Lauder ditches Puig deal, lifting shares as turnaround takes priority

    May 22, 2026
    Business

    DMU earns Carnegie recognition for growing research enterprise

    May 21, 2026
    Business

    UK wage growth slows and unemployment rate rises as companies react to Iran war – business live | Business

    May 19, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Spirit Airlines’ collapse, high gas prices, airfares test limits of summer vacation spending

    May 24, 2026

    Comptroller Issues Statement Explaining Abstention from FDIC Vote on Resolution Plan Feedback

    May 24, 2026

    Bitcoin’s hard-money thesis is colliding with 5% Treasury yields

    May 24, 2026

    Better Financial Sector ETF: Vanguard’s VFH vs. State Street’s XLF

    May 24, 2026
    Latest Posts

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    About Us

    Welcome to MoneyLister.com — your trusted source for reliable insights in the world of finance, investing, and digital assets.

    At MoneyLister, our mission is simple: to make complex financial topics easy to understand and accessible to everyone. Whether you're a beginner exploring cryptocurrency, an investor tracking the stock market, or a professional staying updated on global business trends, we provide clear, informative, and up-to-date content to help you stay ahead.

    Facebook X (Twitter) Instagram Pinterest YouTube
    Latest Posts

    Spirit Airlines’ collapse, high gas prices, airfares test limits of summer vacation spending

    May 24, 2026

    Comptroller Issues Statement Explaining Abstention from FDIC Vote on Resolution Plan Feedback

    May 24, 2026

    Bitcoin’s hard-money thesis is colliding with 5% Treasury yields

    May 24, 2026
    Recent Posts
    • Spirit Airlines’ collapse, high gas prices, airfares test limits of summer vacation spending
    • Comptroller Issues Statement Explaining Abstention from FDIC Vote on Resolution Plan Feedback
    • Bitcoin’s hard-money thesis is colliding with 5% Treasury yields
    • Better Financial Sector ETF: Vanguard’s VFH vs. State Street’s XLF
    • Anyone Saying That AI Is Not Replacing Jobs, Is Lying
    © 2026 moneylister. Designed by Pro.
    • About Us
    • Contact Us
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer

    Type above and press Enter to search. Press Esc to cancel.