Mayor candidate Shaun Bailey: TfL bailout was ‘inevitable’ May 11, 2020 London mayoral candidate Shaun Bailey has claimed that Transport for London’s (TfL) bailout bid was “inevitable” and would have happened even without the coronavirus crisis. The Tory candidate told City A.M.’s daily podcast The City View that TfL was “bankrupt, virtually” and that its bid for a £2bn bailout from central government was because of [...]
Coronavirus lockdown: London records busiest week since restrictions began May 11, 2020 Central London has recorded the busiest period since the UK coronavirus lockdown began, as more people returned to work and the government moved towards easing restrictions. Pedestrian activity in central London was up 10.2 per cent last week, driven by a sharp uptick on Tuesday, Wednesday and Thursday as more workers travelled around the capital. [...]
The City View podcast, from City A.M., with Shaun Bailey May 11, 2020 In this episode Christian talks to the Conservative candidate for Mayor of London, Shaun Bailey. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Bailey launches a stinging criticism of the Mayor, Sadiq Khan, for “being too slow” in leading the capital’s response to the pandemic. He also warns the Mayor [...]
London house market set for £52bn post-lockdown splurge as transactions stall May 11, 2020 London property buyers could be set to splurge £52bn once the lockdown is lifted due to huge pent-up demand as coronavirus brings the market to standstill. The figure represents the potential spend for residential buyers and marks a 20 per cent increase on the same time last year. It comes as the number of lost [...]
Captain Tom Moore to be honoured with City of London award May 10, 2020 The 100-year-old who captured the nation’s heart Captain Tom Moore will be awarded the Freedom of City of London award next week. Moore has raised more than £33m for the NHS during the coronavirus crisis by doing laps of his backyard on his walking frame. The World War II veteran, who has been tipped by [...]
TfL seeking a £2bn bailout from central government May 10, 2020 Transport for London (TfL) is seeking a £2bn bailout from the government after its finances have been plunged into dire territory by the coronavirus crisis. TfL bosses, including London mayor Sadiq Khan, are in talks with Whitehall to secure the emergency funding after the crisis has left the body with just £1bn in the bank, [...]
Exit strategy: How and when Boris Johnson will end the UK lockdown May 7, 2020 The Prime Minister is set to reveal a “roadmap” to end UK lockdown measures on Sunday, but what does the exit strategy look like, and when will measures be eased? Last week, Boris Johnson said the UK had “passed the peak” and today chairs a Cabinet meeting that will focus on what restrictions can be [...]
Sadiq Khan unveils plans to transform roads for walkers and cyclists post lockdown May 6, 2020 London mayor Sadiq Khan has unveiled a new plan to transform the capital’s streets to accommodate a huge increase in walking and cycling once lockdown measures lift. Under the “Street Space” initiative, pavements will be widened and extra cycle lanes put in to allow people to travel to work while maintaining social distancing. Writing in [...]
London small business boss blasts Barclays over coronavirus loan scheme May 5, 2020 Small businesses are at risk of collapse due to stringent eligibility rules for emergency coronavirus loans, the boss of a London marketing agency rejected for a loan has warned. Richard Cox, co-founder of The Village Communications, accused banks of a “complete lack of interest” in helping small firms that were struggling to stay afloat during [...]
Coronavirus: England and Wales death toll falls for first time since lockdown began May 5, 2020 The number of deaths in England and Wales fell for the first time since the coronavirus lockdown began, according to data released today for the week to 24 April. England and Wales recorded 21,997 total deaths for the week to 24 April, Office for National Statistics (ONS) figures revealed. That is a decline of 354 [...]