Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

London Plans Cable-Car System Across River Thames

July 4 (Bloomberg) -- London’s transport authority plans to build a cable car system spanning the River Thames that may be ready in time for the city’s Olympic Games in 2012.

The project’s cost is an estimated 25 million pounds ($38 million) and would be capable of carrying as many as 2,500 passengers between Greenwich Peninsula and the Royal Docks every hour, Transport for London said in an e-mailed statement today.

“Passengers would be able to drink in the truly spectacular views of the Olympic Park and iconic London landmarks,” Boris Johnson, the city’s mayor, said in the statement. “It would also provide a much needed enhancement of cross river options to the east of the city.”

Cars departing at 30-second intervals would take five minutes to ferry passengers between the O2 and ExCeL Olympic venues, and travel at a height of about 50 metres (164 feet).

The consultation process for the project, to be financed by private investment, opens tomorrow and closes Aug. 2, according to Transport for London.

To contact the reporter on this story: Grant Smith in London at

To contact the editor responsible for this story: Stephen Voss on

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.