London buses in decline? Why public transport in global cities is slowing to a crawl – visualised
MeridStreet AI summaryLondon's bus network is experiencing a decline, with passenger journeys falling by over 300 million a year since 2013. This drop in demand is attributed to slower bus speeds, with research suggesting that a 10% decrease in speed can lead to a 6% decrease in passengers. The decline in public transport has significant implications for the poorest in society, who often rely on buses as their primary mode of transportation.
Read the source report: The Guardian →
Why it matters
The decline of public transport in global cities like London could lead to increased inequality and decreased mobility for the poorest. This trend may also impact the overall economy and quality of life in these cities.
Market impact
Markets & countries in focus
Transmission channels
Likely winners & losers
Under pressure
- Public transport operators
- Low-income commuters
Explore the intelligence
MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to The Guardian. For information only — not financial advice.