‘Bond market tantrum risks’: Gilt traders brace for Labour leftward pivot as Starmer future uncertain
Sadiq Khan says London has hit “milestone” of 100 rapid charging points for electric vehicles across city March 19, 2018 London's mayor Sadiq Khan has today unveiled 100 rapid charging points for electric vehicles, as the capital moves closer to its target of becoming a zero-emissions city. Approximately 2,000 standard charge points are already installed across London, but the new launch will see taxis have access to 51 new rapid charging points across the city. [...]
London mayor and TfL have just confirmed fares for the Elizabeth Line ahead of December launch March 16, 2018 Transport for London (TfL) and mayor Sadiq Khan have confirmed the fares for the highly anticipated Elizabeth Line ahead of the £14.8bn project's launch in December. TfL said that it will be charging the same prices on Elizabeth Line pay-as-you-go fares within zones one to six, as the rest of existing TfL services. The Crossrail [...]
Work on the London Overground Barking Riverside extension is months behind schedule March 14, 2018 Construction has yet to start on the £263m Barking Riverside Overground extension, but work is already months behind schedule due to design issues impeding the procurement process. There have been troubles with the issue of the main works tender due to "design complexities", and that is now 148 days – nearly five months – behind [...]
Oxford Street pedestrianisation on track to tie-in with Elizabeth Line launch after public backs proposals March 13, 2018 The radical plans to pedestrianise Oxford Street tying in with the Elizabeth Line launch in December were given a boost today, as the results of a massive consultation revealed public backing for the project. More than 22,000 responses were received on the plans to switch up the capital's famous shopping street, with nearly two-thirds of [...]
Stobart to invest £40m in London Southend Airport from 2018 to 2021 March 8, 2018 Stobart is set to invest up to £40m in London Southend Airport between 2018 and 2021 after its aviation division benefited from a 25 per cent increase in passengers. Shares in Stobart were up three per cent at the time of writing. In its trading update the biomass energy firm said it would continue to invest [...]
Qatar Airways is launching direct flights to London Gatwick from Doha March 7, 2018 Qatar Airways said today it will launch direct flights to London's Gatwick Airport from 22 May with double-daily services from Doha. Gatwick's boss Stewart Wingate said the new flights bolster the airport's business credentials with Qatar "an important business destination, particularly for those working in finance, infrastructure, oil and gas". He added: "This new route [...]
This firm has come up with an ‘M25 for high-speed trains’ spanning both Heathrow and Gatwick March 6, 2018 A new proposal for a new high-speed railway passing both Gatwick and Heathrow has been developed to enhance other major infrastructure projects for the south east. Engineering consultancy Expedition today revealed its £10bn plan for HS4Air, which would connect the existing HS1 rail line with the planned HS2 along a route that passes via London's [...]
British Airways owner IAG launches a €500m buyback as profit rises February 23, 2018 British Airways owner International Airlines Group (IAG) posted a rise in profits over 2017, reflecting a better macro-economic environment, but shares in the firm have fallen. The figures For the year to the end of December, IAG said passenger revenue rose 1.6 per cent compared with the previous year to €20.25bn (£17.87bn), while total revenue [...]
HS2 chooses Lendlease to develop “a masterplan” for Euston revamp that could lead to 1,700 new homes February 22, 2018 HS2 said today the firm behind the 2012 London Olympic Athletes' Village will lead the massive revamp of Euston in a deal that could fuel the development of up to 1,700 new homes. Lendlease has been appointed the master development partner by the transport secretary and Network Rail, and will work to develop "a masterplan" [...]
New Crossrail 2 delays could jeopardise plans for the £31bn project’s route February 14, 2018 A £31bn plan to build a second Crossrail risks going off track as fresh delays threaten to hinder the intended route for the new railway, with concern over land and property costs around parts of it which aren't safeguarded. With funding and a hybrid bill which would give the green light to a revised Crossrail [...]