A Middle Eastern royal has spent £21 million on a garage in one of London’s most expensive districts February 9, 2017 A Middle Eastern royal has come up with a clever way of dealing with London's notoriously difficult parking system, spending £21 million to buy an entire parking garage. According to a report in The Times, the unnamed Gulf royal bought the parking garage in the Knightsbridge district of the capital to store their collection of [...]
Four stations, 65,000 extra journeys and 25,000 homes: TfL just gave us more details about its massive Bakerloo Line extension February 9, 2017 Transport for London (TfL) has set out new details about its much-anticipated Bakerloo Line extension, which will stretch from Elephant and Castle to Lewisham. TfL's plans include four new stations – two on Old Kent Road, one interchange at New Cross Gate and one at Lewisham, although it added there is potential for a further [...]
This is what Londoners want within walking distance of their homes February 9, 2017 When it comes to buying a home, Londoners are the most demanding customers in the country. In the UK as a whole a staggering 25 per cent of people say they "wouldn't need anything in particular" near their homes, according to a survey by YouGov. Read more: This is how far house prices have plunged in [...]
Snow in London as Met Office warns of wintry weekend weather February 9, 2017 Parts of London have seen snow this morning, and further showers are set to fall on the capital over the weekend. Twitter users reported a light dusting in various parts of east London. Light #snow in #Shoreditch, #London. #publicserviceannouncement — Rob (@robhallifax) February 9, 2017 It's snowing in Tower Hill! #snow #London pic.twitter.com/et6hlsTqoC — Lucy [...]
EU leaders hint there’s little to gain by choking off the City’s air in Brexit deal February 9, 2017 Pragmatism is rearing its head on the continent. Alongside recent comments from German finance minister Schauble, who has stressed the importance to Europe’s economy of finding a workable and balanced Brexit deal, we can now add EU commissioner Valdis Dombrovskis. In an exclusive interview with City A.M. today, he says it is not the EU’s aim [...]
“Our aim certainly is not to punish the UK,” insists Brussels’ financial services commissioner February 8, 2017 Politicians tend to seek the limelight. They court media interest with controversial policy ideas, catchy soundbites and displays of tribal affiliation. But it's people like Valdis Dombrovskis, quiet bureaucrats who do their best to keep beneath the radar and get their job done, who exercise a hidden power. This is particularly true of the European [...]
Top EU envoy Valdis Dombrovskis jets into town for talks with chancellor and City chiefs February 8, 2017 One of the EU's top commissioners jets into London this morning for a whirlwind pre-Brexit tour of the capital, telling City A.M. that a future deal on financial services must "work for all". Valdis Dombrovskis, vice president in charge of financial services, said the European Commission would not set out to “punish” the UK during [...]
London Assembly members pressure Sadiq Khan to rule out more money for the Garden Bridge February 8, 2017 London Assembly members are pressing mayor Sadiq Khan to guarantee the capital won’t foot the bill for the Garden Bridge’s running costs. Assembly members backed a motion 16 – 1 calling for Khan to rule out further chunks of taxpayer money being used to maintain the controversial construction. Read More: Vauxhall MP slams Garden Bridge project [...]
Mayor Sadiq Khan facing calls to make London football clubs foot £5m policing bill February 8, 2017 Mayor Sadiq Khan has been urged to ensure that London’s football clubs pay the £5m it costs to police their matches every year. The London Assembly agreed a motion on Wednesday asking Khan to lobby government for a change in the law that would make clubs foot the full bill for policing. Clubs are currently [...]
Queensbury station closed as police investigate stabbing on Tube platform February 8, 2017 Queensbury Tube station in north west London is closed this afternoon as police investigate an assault that took place earlier today. https://twitter.com/jubileeline/status/829323487911243776 A fight took place on a Jubilee line platform in the station at around 12.50pm, and one man was stabbed during the altercation, according to British Transport Police (BTP). The BTP said the [...]