Trains get go-ahead head November 25, 2010 THE government yesterday confirmed the £6bn Thameslink project and a plan to order hundreds of new train carriages to ease overcrowding on the railways, but said some schemes would face more delays. Ministers also failed to announce the builders of the new rolling stock and deferred a decision about replacing the UK’s ageing Intercity 125 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 22, 2010 FINANCIAL TIMES GENEVA SET TO TRUMP LONDON IN OIL TRADING Geneva will leave London behind and become the world’s most important trading hub for physical energy commodities, including oil, as leading companies relocate dozens of traders to Switzerland, according to industry executives. The transfers threaten the UK capital’s leadership in physical crude and oil products [...]
Hitachi tipped to win revamped high speed train deal November 22, 2010 THE government is tipped to confirm Japanese train manufacturer Hitachi this week as the winner of a slimmed-down deal to replace the UK’s ageing Intercity 125 high-speed trains. It is thought ministers have re-jigged an existing agreement with Hitachi’s consortium Agility Trains to make the £7.5bn trains it offered for the UK’s Intercity Express (IEP) [...]
Defence boss to take over at water firm November 22, 2010 WATER group United Utilities is recruiting the boss of a subsidiary of Italian helicopter and aircraft maker Finmeccanica to replace outgoing chief executive Philip Green. United, which provides water and sewage services to about 7m people in north-west England, said Steve Mogford will become chief executive on 31 March when Green steps down. Mogford is [...]
How to turn Cameron’s vision of an entrepreneurial decade into a reality November 18, 2010 DAVID Cameron has called on the nation’s “doers-and-grafters, inventors and entrepreneurs” to save us from our troubled finances. He’s not wrong. According to research commissioned by Enterprise UK, a rise of just one per cent in self-employment rates could boost the UK’s GDP by around 1.5 per cent and add approximately £22bn to the UK economy. [...]
Roadworks action demanded November 18, 2010 BAA CHAIRMAN Sir Nigel Rudd has added his name to a list of nine signatories to a letter urging the government to stop dragging its feet on roadworks policy in London. The letter, sent out by the office of London Major Boris Johnson, was today delivered to transport secretary Philip Hammond and warns that there [...]
Tube boss vows to fight unions in a bid to modernise the network November 17, 2010 TUBE boss Mike Brown vowed not to back down in his long-running dispute with unions over his plans to cut 800 ticket office jobs. “I want staff to be more flexible, I make no apology for that,” said the London Underground managing director. “We will not run a service that is stuck in the 1960s. [...]
The Tube boss who is battling to rebuild the world’s oldest network November 17, 2010 It has been a tough few months for the new managing director of London Underground. Mike Brown, a company veteran who returned in March, faces his fourth strike over the axing of ticket office jobs in a matter of weeks. Tube unions RMT and the Transport Salaried Staffs’ Association say getting rid of 800 ticket [...]
FOCUS ON: EAST LONDON BY DONATA HUGGINS November 11, 2010 THE GAMBLE TRADEWINDS, E16 Price: £319,950 If you’ve decided that investing in the British Silicon Valley is worth the risk, properties such as Tradewinds in Wards Wharf Approach are the type of place you should be looking for. The property is situated on the Thames side, close to the Thames Barrier. The apartment featured (right) [...]
Shard starts tenant hunt November 10, 2010 SELLAR Property, the developer of the Shard skyscraper, yesterday appointed four leasing agents to find tenants for the tower and office block near London Bridge. Jones Lang LaSalle and Knight Frank will act as joint sole agents for the 310m Shard tower, while CB Richard Ellis and Colliers International will advise on nearby London Bridge [...]