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      Kemi Badenoch warns of ‘Burnham premium’ on mortgages

      Badenoch discusses economic policy at a press conference, addressing key financial strategies to boost national growth.

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London

  • Londoners face 27-day Christmas rail strike as union talks break down

    November 21, 2019

    Christmas shoppers and commuters face a month of festive travel chaos, after talks over a 27-day strike on one of London’s busiest rail networks broke down. Negotiations between the Rail and Maritime Transport union (RMT) and South Western Railway collapsed after the operator failed to put forward any proposals that could settle the dispute, according [...]

  • Ten arrested in London over £15m money laundering plot

    November 20, 2019

    Ten suspected members of an organised crime group were arrested in London today on suspicion of flying roughly £15.5m out of the UK to Dubai hidden in suitcases. National Crime Agency (NCA) officers, who arrested the suspects in a series of raids across the capital this morning, said they believed the group also tried to [...]

  • TfL deficit shrinks thanks to Ulez and increased Tube numbers

    November 20, 2019

    Transport for London’s (TfL) first half revenues beat budget expectations by £260m, but the body still recorded a nine-figure deficit for the period. TfL’s second quarter results, released today, revealed a £111m operating loss for the first half of 2019-20 – a deficit reduction of 40 per cent compared to the same period in 2018-19. [...]

  • Hammersmith Bridge won’t be able to cope with electric double decker buses in ‘strange oversight’

    November 20, 2019

    An upgraded Hammersmith Bridge will not be sturdy enough for London’s current fleet of electric double decker buses in what’s been described as a “strange oversight”. The bridge has been closed indefinitely to vehicles since 10 April, with the Hammersmith and Fulham council seeking government funding for restorations. Read more: Hammersmith Bridge repairs could cost [...]

  • TfL nets an extra £51m from London commuters despite fare freeze

    November 20, 2019

    London commuters will pay an extra £51m in fares next year, despite Sadiq Khan’s fare freeze. Figures from the mayor of London show that daily, weekly, monthly and annual travel cards will rise 2.8 per cent over the next year, raising £51m in revenue for TfL. Read more: Sadiq Khan confirms 2020 TfL fare freeze [...]

  • Q&A: How would Labour’s plan to delist companies work?

    November 20, 2019

    John McDonnell shocked the City once again yesterday after unveiling his latest plans to shake up the world of finance. The shadow chancellor, who revealed plans for “rewriting the rules” of business, said that firms which failed to take “adequate steps” to deal with climate change would be delisted from the London Stock Exchange. But [...]

  • London councils must make capital ‘more open’

    November 20, 2019

    Local authorities should take more control of privately-owned public spaces to make them accessible, according to a new report. Centre for London, a think tank dedicated to improving the capital, has today released a study into the management of public spaces throughout the city. Read more: Sadiq Khan confirms 2020 TfL fare freeze Public London [...]

  • Liberal Democrat mayoral candidate Siobhan Benita proposes TfL homelessness scheme

    November 19, 2019

    An estimated £400m left unused on Oyster cards should be given to the homeless, according to the Liberal Democrats’ London 2020 mayoral candidate. Transport for London (TfL) released a report last week showing that £400m was left unused on Oyster cards. Read more: Sadiq Khan confirms 2020 TfL fare freeze Liberal Democrat mayoral hopeful Siobhan [...]

  • Ride-hailing app Kapten unveils London-first electric fleet

    November 19, 2019

    Ride-hailing app Kapten has launched a fully electric fleet of vehicles, marking a London-first. Kapten launched its “electric class” fleet today, making it the first ride-hailing app in London to have an electric option on its app. Read more: Riding by: Kapten’s new CEO plots out the company’s future It consists of 1,100 battery electric [...]

  • Politicians need to take the brakes off e-scooters for a greener commute to work

    November 19, 2019

    If you are stuck in traffic, watching another diesel taxi go past, you won’t be alone in wishing for cleaner ways to travel around London. New research shows that nearly 70 per cent of people don’t think politicians are doing enough to encourage alternative, environmentally friendly transport options. So, what are these alternatives? Right now, [...]

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