New research released last week, to mark the second anniversary of the Night Tube starting in the capital, has shown that the service continues to contribute millions more to the economy of London than initially projected.
Demand for the Night Tube grew in its second year, with 8.7 million customers using the service in 2017/18 compared to 7.8 million in 2016/17.
According to a new report by London First and EY, the increase in demand has meant that Night Tube helped to generate an additional £190m for London’s economy last year, a contribution that has increased by almost £20m from its first year of operation.
The report states that the service is projected to contribute £1.54bn over the next 10 years to the wider London economy. That is double the initial projections made before the service launched in August 2016. It is also supporting over 3,900 jobs, up 8.5 per cent from last year.
The Night Tube has been a huge success, popular with Londoners and visitors to the capital alike. Passenger numbers have been higher than expected with almost 17 million journeys so far, well above the 14 million forecast. It has allowed millions of people to get home safely, quickly and affordably at night and has cut journey times by an average of 20 minutes and, in some cases, by much more.
Night services now also include the Night Overground, launched in December 2017.
