Outernet signs deal for ‘world’s largest’ LED screen deployment November 18, 2019 Outernet, a new immersive advertising and live entertainment space under construction in central London, has secured a deal to install the world’s largest deployment of LED screens. Outernet today said it has signed an agreement, understood to be worth millions of pounds, with Chinese display manufacturer AOTO to provide 8K, 360-degree floor-to-ceiling screens. Read more: [...]
Liberal Democrat Sam Gyimah reported to police over comments about Grenfell November 18, 2019 A Labour election candidate has reported Tory-turned-Liberal Democrat Sam Gyimah to the police over “inaccurate and dangerous” allegations about her role in the Grenfell. Emma Dent Coad – a Jeremy Corbyn ally who won Kensington and Chelsea in 2017 – has made the complaint after Gyimah told City A.M. that she and other Kensington Council [...]
London Marathon plagued by drugs and violence, says City of London November 18, 2019 The London Marathon needs a stronger police presence to deal with recurrent drug-taking and violence, according to the City of London’s chief safety officer. David MacKintosh, the City of London Corporation’s head of community safety, has said the marathon brings “large groups of young adults consuming alcohol and drugs…particularly nitrous oxide”, which has contributed to [...]
Crane drain: Construction on new London offices slows to five-year low November 18, 2019 The number of new construction projects for office blocks in London has fallen by almost half in the last six months, according to data published today. Work has started on only 24 new schemes totalling 1.8m square feet (sq ft) in the capital over the last six months, compared to 37 schemes totalling 3.5m sq [...]
Sadiq Khan confirms 2020 TfL fare freeze November 18, 2019 Transport for London (TfL) fares will remain unchanged in 2020, Sadiq Khan has confirmed. The mayor of London’s fare freeze is now into its fourth year, after promising to not rise TfL prices in his first term. Read more: Victoria line drivers prepare for November Tube strike The freeze will continue after next may’s London [...]
To tackle the challenges of our age, UK and EU finance firms must work together November 18, 2019 The economy is a hot topic this election campaign, but one issue which is attracting little attention so far is the value and significance of financial and professional services. According to new data from the Office for National Statistics, the UK exported £82bn of financial services last year, up £4bn on 2017. This gives us [...]
Crossrail to pay out millions more to firm hired to keep project on track November 16, 2019 Crossrail is set to pay out additional incentives worth millions of pounds to a US company originally hired to keep the project on track and in budget. Officials on the taxpayer-funded railway scheme are close to agreeing a deal with US partner Bechtel for a new “incentive scheme” in the next few weeks, the New [...]
Average commute increases to 59 minutes per journey, TUC study reveals November 15, 2019 Commuters are spending around 221 hours on average each year getting to and from work according to new research. The average journey to or from work took 59 minutes last year, a study by Trades Union Congress (TUC) revealed. Read more: Toxic tube a health hazard for commuters It is more than five minutes longer [...]
21 UK stocks in danger from a Labour election win November 15, 2019 The Labour party today announced it will nationalise parts of BT if it wins power in December’s General Election. The party would nationalise the telecoms giant’s Openreach fibre rollout arm in a bid to create a UK-wide network owned by the government. Read more: BT chief executive warns Labour’s part-nationalisation would cost £100bn Shadow chancellor [...]
Sadiq Khan set to build ‘just half of annual housing target’ November 14, 2019 Sadiq Khan is on track to build just half the amount of promised new housing this year, after the latest figures show he has built fewer than 5,000, with six months left to hit a 17,000 target. Figures released today show 2,202 Greater London Authority-funded houses were started between July and September, compared to 2,672 [...]