London should have devolved powers to build infrastructure, says think tank May 25, 2022 London should have more freedom over how it raises and spends its money in order to deliver more world-class infrastructure, reckons the capital’s leading think-tank. Nick Bowes, chief executive at think tank Centre for London, believes the capital should have similar powers to global cities such as Paris, New York or Berlin. “It’s not obvious [...]
Londoners flock to use Elizabeth line as TfL registers 65,000 journeys May 24, 2022 Around 65,000 journeys were registered on the central tranche of the Elizabeth line, which opened today after a three and a half years’ wait. Transport for London (TfL) estimates revealed that by 10am 14,000 people had already entered and exited at Paddington, while 9,000 tapped at Canary Wharf and 6,000 at Woolwich. Hundreds of Londoners [...]
Londoners to benefit from cheaper tickets and quicker journeys following Elizabeth line opening May 24, 2022 Londoners are expected to benefit from cheaper tickets and quicker journey following today’s opening of the Elizabeth line. According to the Department for Transport (DfT), journey times from Paddington to Abbey Wood will be cut in half, from 58 to 29 minutes, while tickets prices will go down by a third – from £6.30 to [...]
IAG shareholders revolt against ‘excessive’ share award to boss Luis Gallego May 24, 2022 Shareholders at British Airways’ parent company IAG have revolted against the “excessive” share award given to boss Luis Gallego. Proxy voting agency Glass Lewis told investors to vote against the policy at IAG’s annual general meeting next month, as the proposal to increase Gallego’s share award from 100pc of his salary to 150pc under IAG’s [...]
UK to prioritise safety critical goods if rail strikes impact the whole network May 24, 2022 The UK will prioritise safety critical goods – including food and products needed for the energy and construction industries – if the rail strikes go ahead and disrupt the wider network. The government could be forced to reduce passenger services to make way for freight, causing significant disruption to travellers. “We will have to prioritise [...]
Say goodbye to signs as Ford trials geofencing to set automatic speeding limits May 24, 2022 Speed limit signs could soon be a thing of the past as US car maker Ford has announced it is trialling geofencing technology to set automatic limits for its cars. Geofencing uses GPS or RFID technology to delimit a virtual geographic boundary, allowing a software to trigger a specific response when a body enters the [...]
BREAKING: Elizabeth Line platforms at Paddington station reopen after evacuation on first Crossrail day May 24, 2022 Paddington station was reopened after hundreds of people were seen fleeing from the Elizabeth line platforms at Paddington station due to a fire alarm. A TfL spokesperson told City A.M. the station was reopened after it was confirmed the fire alert was a false alarm. Twitter user Laura Bunting earlier this morning posted a video [...]
Crossrail LIVE: First Elizabeth Line train departs after hundreds of excited Londoners wait for hours at Paddington May 24, 2022 The first Elizabeth line train from Paddington through central London departed on time at 6.33am carrying hundreds of excited transport enthusiasts. A crowd of people gathered outside Paddington station in an attempt to to be on the first Elizabeth line train when services begin at 6.30am. There were around 300 people waiting at 6am. Colin [...]
On the Beach sales beat pre-pandemic levels as Brits grab suitcases and passports May 24, 2022 On the Beach saw sales soar in the first half of the year, up 322 per cent from 2021, and six per cent compared to pre-pandemic figures.
Total chaos at Shell’s AGM as 70+ activists bring meeting to complete standstill with CEO fleeing the building May 24, 2022 Shell CEO Ben van Beurden has left the oil major’s annual general meeting, after a battalion of protestors brought proceedings to a complete standstill for over 40 minutes. A battalion of around 70 environmental protestors entered Methodist Hall this morning, chanting “Shell must fall!”, as the Anglo-Dutch oil firm launched its AGM. The protestors, who [...]