Westminster City Council to spend £28m tackling traffic and air pollution along the Strand January 30, 2019 Westminster City Council has pledged £28m to tackle the traffic jams and air pollution plaguing the Strand and transform the area into a “world-class cultural and learning quarter”. The local authority plans to address the “poor public spaces and safety” and traffic congestion around the Strand Aldwych, seeking feedback from the public as it develops its [...]
London prepares for significant snowfall as UK airports close in cold snap January 30, 2019 Significant snowfall is set to hit London and the south-east this week, with minimum temperatures of -5°C and up to 5cm of snowfall expected over the next few days.. Widespread hard frost and “very significant snow” will likely cause disruption to motorists across the country over Thursday and Friday, with temperatures in parts of Scotland expected to [...]
London’s workers and employers must work together to train, develop, and prepare for the future January 30, 2019 With Brexit uncertainty looming over the economy and a burgeoning skills crisis, career progression and stability are at the forefront of workers’ minds. In fact, new research from City & Guilds Group, released today as part of the celebrations for our 140th anniversary, shows that 82 per cent of workers in London believe that it [...]
London Stock Exchange to buy €278.5m stake in Euroclear January 30, 2019 The London Stock Exchange (LSE) has expanded its reach in Europe with an agreement today to acquire a nearly five per cent stake in clearing house Euroclear. The LSE said today it will buy an aggregate 4.92 per cent stake in Euroclear’s share capital for €278.5m (£241.9 million). Brussels-based Euroclear provides settlement, custody and collateral management [...]
Heineken completes £2.2m redevelopment of The Gun in Spitalfields January 30, 2019 Heineken has completed the £2.2m redevelopment of historic East End pub The Gun, the company said today. The Gun, which was first opened in 1929, has undergone a radical transformation since closing its doors four years ago. Read more: Fuller's calls time on brewing business as Asahi agrees £250m deal The makeover, carried out with the [...]
London startup backed by the Mayor and National Grid launches embedded car charging points January 29, 2019 Connected Kerb has today launched its first series of electric car charging points fully embedded into the road's curbside. Built into Borough Road in Southwark, the launch was supported by Southwark Council, Virgin Media and National Grid. The move comes after the London startup won the Mayor's Award for Urban Innovation last year. Users of electric cars [...]
Nomura plans to cut up to 50 staff from global trading division January 29, 2019 Japanese bank Nomura is expecting to cut up to 50 jobs across its trading division, with roles in London likely to be affected. The bank plans to slash staff numbers across Europe, Asia and the Americas, however Europe is expected to be hit hardest. Read more: Nomura to slash hundreds of investment banking jobs in London [...]
London snow: TfL ‘working around the clock’ to avoid travel disruption January 28, 2019 Transport for London (TfL) has outlined “well-rehearsed” procedures to “keep the capital moving” ahead of expected snowfall in London and the south-east from tomorrow night. It comes as the Met Office issues a yellow weather warning for “possibly heavy” snow developing overnight on Tuesday and into Wednesday, with accumulations of up to 3cm expected across [...]
Which mobile operators offer London’s fastest download speeds? January 28, 2019 Mobile customers on EE and Vodafone are most likely to enjoy fast download speeds in London, a new report has found. Download speeds in the heart of London reach more than 35 Mbps on EE and Vodafone, roughly seven times faster than competitors O2 and Three, according to data from Root Metrics. Read more: Vodafone and [...]
We’re not as stuck as the Brexit blues would have you believe January 28, 2019 IF YOU’RE looking for a meaningful vote of confidence tomorrow, look elsewhere than the sentiments of our 650 MPs. Instead try the 650,000 British businesses registered last year – each one a vote of confidence in the future. But when you’re surrounded by extremes, it’s hard not to get swept away by it all. As [...]