Starting August 19, the Tube in London will start a Night Tube program. London Mayor Sadiq Khan has told the Evening Standard that it is expected to provide a £77 million boost to the economy.
Image credit: The Telegraph
It is expected that the Night Tube will create some 2,000 new jobs, including 500 individuals working on the Night Tube. As expected, the most significant boosts are to be expected within businesses such as pubs, restaurants, and hotels.
24-hour subway service exists in several US-cities, albeit on fewer lines than their usual operational schedule. For example, residents in Chicago and New York City can take advantage of several subway lines that operate 24/7.
The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.
4 comments
Philadelphia also has 24 hour subway service during the summer months (roughly Memorial to Labor Day)
I love how politicians always talk about the jobs being “created” by their government-spending projects. They don’t talk about the jobs being lost due to the taxes to pay for these projects.
Yes, the taxpayers are being forced to pay the salaries of new transit employees, but that money would’ve been spent elsewhere creating or supporting OTHER jobs. It’s amazing how politicians are able to bribe us with our own money!
I’m also not sure how this is expected to help pubs, as most of them close quite early (unfortunately).
Since when was £77m ‘huge’ in the context of the London economy?! There are apartments for sale here for more than that 🙂 London GDP is estimated at £565 billion so at best we are talking 0.01% increase!
It is, by the way, only 24 hours on a handful of lines and not for the entire lenght of those lines.
Just to clarify: ALL of NYC’s subway lines and ALL 469 stations are open 24/7, unless temporary repair closures are scheduled (in which case there is usually service in one direction or at nearby stations).