Thursday, January 26, 2017

Overall annual cost to London from traffic delays on busy roads is £5.5 billion ($6.8 Billion)

The overall annual cost to London from traffic delays on busy roads is £5.5 billion. This figure represents a huge 30 per cent increase in just two years (£4.2 billion in 2012/13).  The cost of delays for an average vehicle is £20.83 per hour.

The London Assembly Transport Committee report ‘London Stalling’ released today calls on the Mayor to reform the Congestion Charge and ultimately replace with it road pricing. The Committee suggests a way of charging people for road usage that is targeted at areas of congestion, at the times congestion occurs.  

It’s a popular idea, with over half of road users responding to a Committee survey saying they support road pricing - only a fifth were opposed.

In the short-term, the Congestion Charge should be reformed to better reflect the impact of vehicles on congestion. The daily flat rate should be replaced with a charging structure that ensures vehicles in the zone at peak times, and spending longer in the zone, face the highest charges.

The report also recommends:
  • reducing restrictions on night-time deliveries
  • piloting a ban on personal deliveries for staff
  • reconsidering ‘click and collect’ at Tube and rail stations
  • devolving Vehicle Excise Duty to the Mayor
  • piloting a local Workplace Parking Levy
Traffic congestion
The full report is available at:
The survey is available at 
City of London
Press Release dated 19 January 2017

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