Violent crime on the Tube rises 43 per cent in three years January 18, 2019 Violent crime on the London Underground has soared by more than 43 per cent over three years, according to police data. There were 2,838 reports of violence on London’s Tube network between November 2017 and September last year, compared to 1,980 incidents between November 2015 and October 2016, British Transport Police (BTP) figures show. Read more: [...]
Berkeley Group chairman Tony Pidgley on Brexit, buildings and bonus backlashes January 16, 2019 Tony Pidgley is a staunch defender of his trade, as you would expect Britain’s best-known housebuilder to be. So it comes as something of a surprise when, asked about the huge row that hit his sector last year when fellow housing boss Jeff Fairburn took a £75m bonus, he does not come down on Fairburn’s [...]
The future of infrastructure needs artificial intelligence and new ways of working January 15, 2019 During our morning commutes to work, many of us will grumble about unreliable trains, packed tube carriages, or too much traffic on our highways. And yet, despite these complaints, we tend to keep a stiff upper lip and bear with the current state of infrastructure, rather than question how things could become better. But if [...]
Christmas sales grow at St Pancras International despite retail gloom January 15, 2019 Commuters choosing to do their Christmas shopping at St Pancras International station grew 6.3 per cent in 2018 compared to the year before, according to figures released by the station's operator today. The rise was driven by growing passenger numbers and strong growth in non-food sales, the company said. St Pancras has welcomed a number of [...]
As London heads back to school, here’s how the City is kickstarting careers January 14, 2019 It’s back to school for students across the country. A new term is always an exciting prospect; pupils and teachers return with renewed energy and a readiness to learn and teach. Last month, the City of London Corporation, which sponsors 10 academies in London, was named by the Sutton Trust as the best UK academy [...]
London drives increase in number of new UK startups January 14, 2019 London entrepreneurs defied political and economic gloom last year with a jump in the number of registered startups. More than 216,000 new businesses were registered in the greater London area last year, a 6.45 per cent increase on 2017. Across the UK as a whole, the number of new companies registered last year rose by [...]
Chelsea FC turnover hits a record after bumper financial year for owner Abramovich January 13, 2019 A return to the UEFA Champions League helped deliver record turnover for Chelsea Football Club in 2018, adding to a bumper financial year for its owner Roman Abramovich. The Russian billionaire, who recently emerged among the FTSE's big winners in 2018 largely due to rising steel prices, has seen turnover at his Premier League club hit [...]
Heathrow breaks through 80m passenger mark as it plans for expansion January 11, 2019 A record-breaking 80m passengers travelled through Heathrow last year as the airport reaped the rewards of larger planes and an increase in bookings. Heathrow saw its passenger numbers rise 2.7 per cent in 2018 on the year before, becoming one of only seven airports in the world to surpass the 80m mark. December was a [...]
City commuters face paying an extra £71 in parking charges at key Essex stations January 11, 2019 City workers will face increased charges for leaving their cars at stations in Essex, in a second blow to commuters after fares were put up earlier this year. Operator c2c said it was increasing charges by 40p for daily tickets, with annual passes rising by up to £71. Read more: Rail fares rise by 3.1 per [...]
City firms draft in extra staff for crunch Brexit deal vote in preparation for market volatility and investor calls January 11, 2019 The City is bracing itself for next week’s crunch vote on Theresa May’s Brexit deal with banks drafting in extra staff to work through the night responding to market volatility and investor calls. MPs will finally vote on the Prime Minister’s withdrawal agreement on Tuesday after a month's delay, with traders, investors and analysts on [...]