Low-traffic zones reduced as Ealing follows other London borough councils in scrapping car bans August 19, 2021 Low-traffic zones, a scheme to reduce traffic in residential areas have been a subject of controversy since they were first implemented in 2020. Harrow has already scrapped the majority of theirs, and now Ealing looks set to follow. The step in Ealing to challenge them follows major backlash against the zones and two local protests. [...]
Royal London insurance moves head office to EightyFen in heart of the City August 19, 2021 Mutual life insurance company Royal London has this morning announced it has taken up 55,000 sq ft of office space at 80 Fenchurch Street for its new headquarters in the City. The largest mutual life insurance company in the UK, with assets under management of £153bn, will enjoy panoramic views across London from the top [...]
City Moves: Who’s switching jobs in the Square Mile this week? August 18, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. London First completes leadership shuffle Business lobby organisation London First has strengthened its leadership team this week as it channels its focus on the capital’s return to growth, emerging from the pandemic. Former director of corporate [...]
Mayor Khan pushes ahead with controversial Thames tunnel plans August 18, 2021 Mayor Sadiq Khan is pushing ahead with construction plans for the East End’s fourth and most controversial road river crossing. Construction of the £2bn Silvertown tunnel is well-underway and set for completion in 2025. The tolled road tunnel will span between the Royal Docks precinct and Greenwich peninsula, falling within the Ultra Low Emissions Zone [...]
98 per cent of London schools in areas with toxic air quality August 18, 2021 Almost every London school is in an area where air pollution levels exceed World Health Organisation limits, a City Hall analysis suggests. According to the 2016- 2020 report, the average concentration of particulate matter was a third higher at schools in London than in the rest of England. Figures show 98 per cent of schools [...]
Bolt investors TMT post positive half-year results August 18, 2021 TMT Investments has posted strong first half results that sees it recover to a healthy position of profit after a difficult 2020. The data published by the firm shows how the half-year up to 30 June 2020 had been difficult, with the uncertainty of the pandemic greatly impacting investments and investors. However, since then it [...]
Man hunt? No, job hunt: Cressida Dick to be offered contract extension before exiting Met police August 18, 2021 Home secretary Priti Patel is reportedly planning to offer Metropolitan police commissioner, Dame Cressida Dick, a contract extension as commissioner candidates run dry. Dick’s successor will be tasked with overhauling Britain’s biggest police force after a string of controversies. Although no final decisions have yet been made, sources from the Home Office told The Times [...]
Queen faces Covid scare at Balmoral as staff member tests positive August 17, 2021 The Queen is carrying on her summer holiday at Balmoral although a staff member at the Scottish estate tested positive for coronavirus this weekend. Her Majesty, 95 and double-vaccinated, will remain at her private castle in Aberdeenshire as planned. The Covid-infected employee was sent home on Saturday after taking a PCR test, reported The Sun. [...]
Franco Manca’s Fulham Shore eyes expansion despite sliding revenue August 17, 2021 Hospitality group Fulham Shore, which owns Franco Manca, has seen its annual revenue nearly sliced in half due to the restrictions on restaurants for most of the year. The group pulled in £40.3m in revenue in the year to 28 March, after it had plunged 41.3 per cent from the £68.6m it raked in last [...]
‘We just have to leave’: Queen’s Brian May to ditch London after flooding August 17, 2021 Queen guitarist Brian May is set to depart London after nearly two decades following flood damage to his Kensington mansion. The music icon called the capital a “brutal” place to live after the basement of his £7m home was flooded, ruining many of his and wife Anita Dobson’s childhood photo albums and memorabilia. “The funny [...]