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Night Tube gives London £171m boost in first year

The introduction of Night Tube to the capital has boosted the capital’s economy by £171m in its first year, City Hall has this week announced.

Figures released as the service celebrated its one-year anniversary at the weekend showed that there have already been nearly eight million journeys, and it is supporting more than 3,600 jobs.

Researchers have also predicted that Night Tube will be even more beneficial to the economy than previously imagined, as estimates have suggested that over the next 30 years it will add £138m to London’s economy every year, £77m more than predicted originally.

It was also revealed that some of the most popular night tube stations were typically found around the centre – at popular stops like Leicester Square and Tottenham Court Road, as well as at Brixton, Liverpool Street and Stratford.

“The Night Tube has been a huge success ever since the first train rolled out of Brixton station 12 months ago,” said mayor of London Sadiq Khan.

“I remember the excitement of all the passengers boarding the train that night and I’m so pleased that the enthusiasm of Londoners has stayed strong ever since.”

Mark Wild, London Underground’s managing director, who RTM interviewed in the June/July edition, added that the Night Tube has been hugely successful in its first year, helping people travel for work and leisure more quickly and reliably than ever late at night. 

“This 24-hour service has played a massive role in opening up the city to a host of opportunities and supporting its night life, from the bars and restaurants in Soho, to the arts and culture in the West End, to sport and music venues such as Wembley Stadium and the O2,” he explained.

Top Image: traveler1116, iStock 

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