The cost of traffic to London’s economy totals more than £5bn a year, Mayor of London Sadiq Khan has revealed.
The calculation is based on new INRIX data which shows that the average London driver spent 148 hours stuck in traffic during 2021. The value of missed earnings and leisure time drivers could be enjoying, if they were not stuck in traffic, equates to £1,211 per driver or £5.1bn annually, according to the analysis.
The new economic impact report comes as Khan underlines his ambition to get more Londoners walking, cycling, and using public transport as the capital emerges from the Omicron COVID wave.
Car use in the capital has remained high throughout the pandemic even as trips by public transport dropped 14 per cent between 2019 and 2020, TfL has said. Public transport, usage was close to pre-pandemic levels for much of the latter half of 2021, according to