London Underground plans 24-hour service

The London Underground is headed toward one of its most dramatic overhauls in its 150-year history: overnight service.

The service is slated to start in 2015, when most ticket offices will be upgraded to machines or turnstiles that accept bank cards as a means to bring the world's oldest subway up to date, according to the New York Times.

According to the report, the closure of tickets offices would cost some 750 Underground workers their jobs, news that has angered transport unions. Some have warned it could prompt a major strike, which would be the first in four years.

Transport for London, the city’s transport authority, has not been spared from budget cuts. It needs to find about 78 million pounds this year and next. Closing the ticket offices will amount to roughly £50 million, or $80 million, in savings a year, according to the Times.

Read more from the New York Times.