Crossrail latest: Tottenham Court Road’s new Elizabeth Line station nears completion as December launch date draws closer July 10, 2018 We've crossed the halfway mark for the year's countdown to the Elizabeth Line launch and new images have been released to show the progress made at the new Tottenham Court Road station. The station will be at the centre of the capital's new railway, which will run from Berkshire and Heathrow in the west to [...]
Kier Group sells non-core assets in cost-saving mission July 10, 2018 Leading construction and property company Kier Group said this morning it plans to sell its non-core assets as part of a wider cost-savings programme. The firm, which also announced profits and earnings performed in-line with expectations, will be hoping the plan, which was launched last month, will improve productivity, operating margins and cash generation. The [...]
RAF centenary flypast over London today: Five things to look out for July 10, 2018 A huge flypast featuring up to 100 aircraft will go ahead today over central London to mark 100 years of the Royal Air Force. With so many aircraft taking part in such a big occasion on 10 July, there will be plenty to keep an eye on. So here are five things to look out [...]
Britain’s perception of immigration improves dramatically July 10, 2018 British people's perceptions of the impact of immigration improved markedly between 2015 and 2017, according to an authoritative survey published today. The British Social Attitudes (BSA) survey, which canvasses the opinions of almost 4,000 respondents, found that 47 per cent of Britons think that immigration has a "good" impact on the economy – a striking [...]
Westminster council presses ahead with Oxford Street strategy – without TfL’s help July 10, 2018 Westminster City Council (WCC) has pressed ahead with its plans for Oxford Street without funding from Transport for London (TfL). At a council meeting yesterday evening, WCC agreed to draw up its own strategy work for the area after it scrapped TfL's plans on the grounds there was not a "strong democratic mandate" following complaints [...]
Connecting London: Wifi holds the key to urban sustainability July 10, 2018 What comes to mind when you think about sustainability? Curbing pollution? Prohibiting industrial waste? Filtering plastic from the ocean? A 5p tax on plastic bags? It might be all or none of the above – but it’s unlikely to be wireless internet networks. Yet, if implemented properly, network technology will play a significant role in [...]
Sky completes sale of remaining Sky Bet stake to PokerStars owner for £635m July 10, 2018 Sky today confirmed it had sold its remaining stake in Sky Bet to Canadian online gambling company The Stars Group. The media giant confirmed it had completed its sell off its 20 per cent stake in Sky Betting & Gaming for a total of £635m. Toronto-based The Stars Group, which owns PokerStars, PokerStars Casino, BetStars [...]
Cheesegrater 2 gets the green light to become third tallest City building July 10, 2018 Hopes to build "Cheesegrater 2" have been given the green light today, in plans that will make the 56-storey development the third tallest building in the Square Mile. City of London’s planning committee approved permission from Hong Kong-listed real estate giant Lai Sun Development Company to develop the new commercial landmark at 100 Leadenhall Street, [...]
Pressure grows on Premier Foods boss as activist investor builds stake July 10, 2018 The pressure on under-fire Premier Foods chief executive officer (CEO) Gavin Darby has increased today after activist investor Oasis Investment upped its stake in the company. Hong Hong-based Oasis has been vocal in its opposition to Darby who it accuses of “shareholder value destruction”. Read more: Paulson triples stake in Premier Foods as AGM showdown [...]
RAF centenary flypast: The best spots to watch the planes go by in London and Essex July 10, 2018 Today the Royal Air Force (RAF) will be celebrating its 100th birthday with a 100-strong flypast from Ipswich, over Essex and culminating in a direct fly over of Buckingham Palace. We've compiled a list of the best places you can go to guarantee the best view of this once-in-a-lifetime show. Unless you've been living under [...]