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UK ECONOMIC OUTLOOK /

UK Transport Regulation

Government policy decisions and regulatory frameworks for emerging transport technologies including e-scooters, micromobility, and urban mobility solutions.

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Latest in UK Transport Regulation· Oct 22

London is closing Oxford Street to traffic in an attempt to reverse declining visitor numbers and retail performance on Europe's busiest shopping strip. The pedestrianisation removes vehicle access entirely, reshaping commercial real estate valuations and retail tenant demand across central London's transport network. The move reflects a broader regulatory shift toward prioritising foot traffic and urban vitality over vehicular throughput in the capital's core retail zones.