The impact of a no-deal Brexit should set off alarm bells for the City’s finance firms August 28, 2018 Last week, the government produced papers assessing the impact of a no-deal Brexit scenario on various sectors, including financial services. It is concerning for the sector that a no-deal scenario is looking increasingly likely. The Bank of England governor Mark Carney ranks this possibility as “uncomfortably high”, while foreign secretary Jeremy Hunt suggested that there [...]
South Quay incident: Police say package is not a threat August 28, 2018 Docklands office workers were evacuated this afternoon as police responded to reports of a suspicious package. The object was found in Harbour Exchange Square in South Quay at around 1.20pm, and police officers closed roads and evacuated offices in the square as they sent a bomb disposal robot in to assess the package, but they [...]
Feeling thirsty? London is getting 20 new drinking fountains at train stations and shopping hotspots August 28, 2018 The summer heatwave might be nought but a distant memory now, but if the capital sees the sun again this side of Christmas Londoners will be thankful for 20 new water fountains coming to train stations, shopping centres and museums around the city. Four of the Mayor of London's watering holes (we don't mean pubs) are [...]
Thames river bus buoyed by rising tide of London commuters August 27, 2018 Commuting by boat in London hits a major milestone this week with the capital’s river bus service set to carry its 40 millionth passenger. The landmark figure comes at the end of a bumper summer for MBNA Thames Clippers, in which a combination of hot weather and growing waterside property development has increased passenger numbers [...]
Notting Hill Carnival: The full list of stations and roads closed this Bank Holiday weekend August 26, 2018 It's that time of year again: London's big summertime bank holiday weekend, and the travelling chaos that often comes with it. Here's a handy list we've compiled of everything you'll need to get around London until Tuesday. Running from Saturday 25 August until late on Monday 27 August, travel during the Bank Holiday in the [...]
Bank holiday: Rainy weather forecast for London August 25, 2018 Partygoers at one of Europe’s biggest street party Notting Hill Carnival could be in for a drenching tomorrow with heavy and persistent rain forecast. The Met Office expects a bright start to tomorrow which will then turn windy with outbreaks of rain spreading east. Read more: London mayor Sadiq Khan should park the cap on [...]
Travellers face challenging journeys as bank holiday repairs close Euston and reduce underground services August 25, 2018 Travellers trying to navigate around the capital this bank holiday weekend face extra challenges with repairs shutting major hub Euston and also causing disruption on the underground network. Euston is the southern terminus of the West Coast Main Line which connects London to Liverpool, Manchester, Edinburgh and Glasgow as well as being the main station [...]
Don’t be daft, foreign buyers keep housing supply alive August 24, 2018 New Zealand has been facing a familiar crisis to us here in the UK. Rising house prices, declining home ownership, and an influx of interest from foreign buyers. Less familiar, however, is the New Zealand government’s recent decision to ban foreign buyers from purchasing property in the country. It’s a decision that has come amid growing [...]
London mayor Sadiq Khan should park the cap on taxis – it’s actually TfL licensing that is clogging up our roads August 24, 2018 Congestion is snarling up London, and Sadiq Khan is right to be worried. Traffic speeds are now well into horse and cart territory. In the morning peak, passengers on the route 15 bus between Tower Hill and Charing Cross are now down to crawling along at an average of 4.2mph. The number of private hire [...]
Tech titans bed down in London: Why Brexit won’t be bringing about a ‘techxodus’ any time soon August 24, 2018 Brexit has generated investment uncertainty for many companies, but not – it would seem – for the US tech giants opening the throttle and splashing out on multi-million long-term property deals in London and creating thousands of jobs. Facebook, Google, Snap and Apple have firmly quashed the notion that the UK’s exit from the EU [...]