London's business leaders believe the poor reliability of the city's transport network is damaging its reputations as a world competitor, according to a recent survey.
The CBI and KPMG's recent London Business Survey says two-thirds of respondents believe the government and the London mayor need to boost investment in roads, rail and airports to maintain the city's competitiveness over New York and Tokyo.
Respondents say trains need more carriages and should run more frequently, and 40 percent says the Tube is "poor".
KPMG senior partner Ian Barlow says London needs a first class transport network if it is to "shine as a global city", but the current system is struggling to cope.
"Despite significant investment on the capital's Underground, roads and railways, the network is still overwhelmed at peak times making it a real struggle for our people to get to work," he says.
"Crossrail and the Thameslink rail upgrade are a long-way off so it is important existing works, such as the Tube modernisation, continue to be financed and completed on time and are not delayed because of the Metronet situation."
By staff writer
