Skip to content
Friday 4 September 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE · FR
MorningWire

European business, markets and politics

FTSE 100
10,794.86
-0.34%
DAX
25,981.90
-0.08%
CAC 40
8,266.46
-0.24%
STOXX 50
6,366.51
-0.25%
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
More
GermanyFranceEU InstitutionsCompetitionPublic AffairsBankingTechnologyEnergy
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Regulation
  • Politics
  • Opinion
  • DE
Monday 30 November 2020 3:39 pm

Proposal to extend Bakerloo line to Beckenham and Hayes gathers steam

By: Edward Thicknesse

Add as a preferred source on Google
Credit agency Moody's has this evening downgraded Transport for London's (TfL) debt, saying that the transport network's finances have "been durably and materially weakened by the pandemic".
Transport for London's funding deal runs out on Friday

A proposal to extend the Bakerloo Tube line even further south-east than previously planned has garnered considerable support from local residents, Transport for London said today (TfL).

Last month the capital’s transport operator launched a consultation into the Bakerloo Line extension, which is currently meant to extend as far as Lewisham.

However, TfL is also mulling whether it would be possible to stretch the line all the way down to Beckenham and Hayes in the south.

In order to do so, the transport network would convert the current National Rail line to Hayes to accommodate Tube services.

In response to the consultation, 82 per cent of respondents said that they were in favour of such a move, which could drive regeneration in Catford and Lower Sydenham, areas with some of the highest levels of deprivation in the country. 

Lewisham Mayor Damien Egan said: “Today’s fantastic results from TfL’s consultation shows overwhelming support for the Bakerloo Line Extension to Hayes from residents in Lewisham and Bromley. 

“It is now more important than ever for this project to continue. The much-needed extension would connect Lewisham residents to jobs across London and bring huge growth to the local economy and vital housing for people living in Ladywell, Catford, Lower Sydenham and beyond.”

Read more

London doesn’t compete with other UK cities, it competes with global capitals

London skyline with The Shard, Walkie Talkie, and Gherkin skyscrapers towering over residential buildings and autumn trees.

TfL said that extending the line to Hayes would increase the frequency of rail services into the West End and central London train stations, with more trains an hour than under the current National Rail schedule.

But the project depends on TfL first ironing out a funding package for the initial extension to Lewisham with the government.

Although the two sides managed to agree a deal to fund TfL’s day-to-day services in October after a bitter set of negotiations, talks are still going on regarding the funding of infrastructure projects such as Crossrail and the Bakerloo extension.

TfL said:  “A commitment from Government to support funding for the scheme is essential in developing a funding package. 

“We will continue discussions with the Government, whilst being realistic about the funding London could contribute to delivering an extension over the coming years.”

Councillor Kieron Williams, leader of Southwark Council, said that the extension could transform the lives of people living in the area.

“Benefits of the extension are abundantly clear: new jobs, new services and the key to unlocking 20,000 new homes, including 7,000 genuinely affordable homes, in the area”, he said. 

“How long before the Government is ready to buy into the Bakerloo line extension as a shovel-ready scheme primed to help us Build Back Better?”

Read more

Tory and Labour councillors spar over £300m Hammersmith Bridge plans

Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Transport & Infrastructure

Related Topics

  • London business

Trending Articles

  • Victoria Beckham owed £350,000 by Harvey Nichols

  • Jim O’Neill: Capital gains tax hike ‘looms’ as top option for Burnham

  • Vodafone and Deliveroo look to patch up Reform ties after Yusuf prison threats

  • ‘Large tax hikes on the way’: How the global bond rout is boxing in Healey

  • M&G: FTSE 100 giant hits out at Rayner’s ground rent cap as it suffers loss

More from Morning Wire

  • London doesn’t compete with other UK cities, it competes with global capitals

    Opinion
    London skyline with The Shard, Walkie Talkie, and Gherkin skyscrapers towering over residential buildings and autumn trees.
  • Tory and Labour councillors spar over £300m Hammersmith Bridge plans

    Politics
    Hammersmith Bridge spanning the River Thames, surrounded by lush greenery and clear blue skies, capturing its iconic archi...
  • Hammersmith Bridge is a test for Burnham’s place-based growth

    Opinion
    Hammersmith Bridge closed in 2021 with fencing, banners, and traffic cones blocking access to the walkway.
  • Easyjet extends window for another Castlelake bid

    Aviation
    EasyJet aircraft parked at the airport terminal ready for boarding, featuring distinctive orange branding and clear blue sky.
  • As It Happened: Stocks dip as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

    FTSE 100 Live
    People on a beach with cargo ships and a small boat in the Strait of Hormuz
  • Banning vape shops won’t fix scuzzy high streets

    Opinion
    High street vape shop Ecigwizard next to Costa Coffee and Subway, with people walking and sitting outside.
  • Osmose Europe Ltd. Strengthens and Expands Electric Utility Infrastructure Solutions with the Acquisition of MP Power Ltd.

    Business Wire
  • Burnham urged to axe tourist tax expansion in devolution drive

    Hospitality
    Andy Burnham, Mayor of Greater Manchester, speaking outdoors with a lapel microphone on his suit jacket.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • EU Institutions
  • Europe

Business

  • Markets
  • Business
  • Economy
  • Regulation
  • Competition
  • Public Affairs

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook