Gracechurch developer bangs drum for a city with a ‘bright future’ January 7, 2020 As an overseas investor in the City of London, the election of the new Conservative majority government and the message it sends to people like me who are keen to invest in the UK economy is welcome. After three and half years of political turmoil, the UK can finally move forward as a country and [...]
Exclusive: City of London councillors call for associate guild to admit female members January 7, 2020 One of the City’s ancient trade guilds that does not accept female members is “tainting” the City of London, according to a group of councillors. The City of London Corporation has 110 associated Livery companies, which were traditionally trade associations and guilds for different crafts. Read more: Exclusive: City of London mulls over historic Lord Mayor selection reform The groups [...]
Minister refuses to confirm election pledge for temporary Hammersmith Bridge January 7, 2020 A transport minister has failed to stand by an election pledge by a fellow minister to build a temporary Hammersmith Bridge. In December, transport minister George Freeman joined environment minister Zac Goldsmith in a Twitter video to confirm that the government wanted to build the temporary river crossing alongside Hammersmith Bridge. Read more: Conservatives pledge [...]
TfL and Santander to mark 10-year anniversary of Boris bikes January 7, 2020 Santander and Transport for London (TfL) are set to celebrate the 10th anniversary of so-called “Boris bikes”. The hire scheme – officially known as Santander Cycles – began in July 2010 with 315 docking stations over eight boroughs and was informally named after Prime Minister, and then mayor of London, Boris Johnson. Read more: TfL [...]
London house prices rose twice as fast as the rest of UK in 2010s January 7, 2020 London house prices rose twice as fast as the UK average during the 2010s, a new report has shown, notching up a 66 per cent growth rate that was far faster than any other region. In the country as a whole, the average house price rose 33 per cent over the last decade as it [...]
Financial sector contributed record level of UK tax in 2019 January 7, 2020 Britain’s financial services sector contributed a record £75.5bn in tax in 2019, according to a new report on behalf of the City of London Corporation, amounting to 10.5 per cent of all government tax receipts. The report, carried out by accounting giant PwC and released today, highlighted the value of financial services to the UK [...]
Westminster council proposes to scrap ‘depressing’ phone boxes January 6, 2020 Up to 1,000 phone boxes may be removed throughout the borough of Westminster. The Westminster City Council has proposed scrapping the vast majority of the near 1,000 phone boxes that are in the borough, arguing they are not used. Read more: Political fallout threatens the future of Westminster Holocaust memorial The council is proposing a [...]
London gets less per capita transport funding than rest of UK, says report January 6, 2020 London receives one-third less in government funding per rail passenger journey compared to the rest of the country, according to a new report. A study by the Greater London Assembly (GLA) into transport expenditure found that London receives £8 per rail passenger journey from central government, compared to £12 for the rest of the UK. [...]
Rail groups slam TfL admission that Crossrail won’t open until late 2021 January 6, 2020 Rail advocacy groups have slammed Transport for London’s (TfL) confirmation that they do not expect the main section of Crossrail to be open before the end of 2021. Speaking to the London Assembly’s budget and performance committee today, TfL commissioner Mike Brown said he was working to a timetable of between September and December to [...]
New cycleway set to open between Greenwich and Woolwich January 6, 2020 South East London is set to get a new five-kilometre cycleway spanning from Greenwich to Woolwich. The planned cycleway will be built along the A206 Woolwich Road and will include pedestrian crossings, segregated cycle lanes and an overhaul of the Angerstein roundabout. Read more: New London cycleway to link Tower Bridge and Greenwich It will connect [...]