The legacy of the Olympics will be a 21st century transport system July 26, 2010 EVERY Olympic host has a legacy. Beijing 2008’s was clearing the pollution from the city’s air so visibility was more than just a few feet, while Athens in 2004 made significant improvements to its infrastructure, including the establishment of the brand new Eleftherios Venizelos International Airport. But exactly how will London leave its mark on [...]
Get more bang for your buck in green, spacious Hackney June 17, 2010 THERE aren’t many areas of London where less than a million pounds can get you an original Victorian house with four bedrooms, close access to three parks, independent shops and a commute under 20 minutes. In London Fields, however, the asking price for such a lifestyle is often no more than £800,000. Despite its trendy [...]
Serco profits surge by 30pc February 26, 2010 SUPPORT services firm Serco has posted a 30 per cent profit rise and predicted that the government would outsource more work after the general election. The group made a full-year pre-tax profit of £177.1m, with revenues 27 per cent higher at £3.97bn. Serco hiked its final dividend by a quarter to 6.25p a share while [...]
Tube strike causes gridlock and costs economy £48m September 7, 2010 Millions of commuters across London struggled to get to work on Tuesday as a 24-hour strike by workers on the underground rail system crippled much of the network, hurting the city’s convalescent economy. Passengers took to bikes, buses, walked, or made use of extra boat services on the Thames that runs through the city in [...]
Bank DLR to re-open January 26, 2010 A VITAL transport artery into the heart of the City will re-open at the start of next month after an overhaul to allow longer trains to run, Transport for London (TfL) said yesterday. The Docklands Light Railway station at Bank, which has been closed since Christmas Eve for expansion and modernisation works, will re-open on [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 12, 2009 FINANCIAL TIMES BHP CALLS FOR MARKETS TO SET IRON ORE PRICESBHP Billiton, the world’s biggest miner, has made a plea for the “emotion and anxiety” to be taken out of the iron ore business with a shift to market-based pricing like oil or coal. The plea by Marius Kloppers, chief executive of BHP, came a [...]
Oh I do like to be beside the seaside (with billionaires) July 19, 2009 IT’S mid-morning, and having got a crack-of-dawn BA flight from London City Airport, I am now in a helicopter flying from Nice to Monte Carlo. Out of the window, the warm sunshine and blue sea provide a stunning backdrop to the hotels and villas carved out of the white rocks. As a helicopter virgin I [...]
Oh I do like to be beside the seaside (with billionaires) July 19, 2009 IT’S mid-morning, and having got a crack-of-dawn BA flight from London City Airport, I am now in a helicopter flying from Nice to Monte Carlo. Out of the window, the warm sunshine and blue sea provide a stunning backdrop to the hotels and villas carved out of the white rocks. As a helicopter virgin I [...]