Discover in one click: the UK’s second biggest foreign direct investment area next to London December 12, 2016 | City Talk As the UK's second largest financial sector, Scotland is helping to lead the charge for Foreign Direct Investment (FDI). Sharon Hamilton, SDI’s head of financial and business services, explains why. We’ve heard the term ‘open for business’ a great deal recently. It’s a reassuring phrase traditionally used by your local corner shop, hairdresser or café, and has [...]
The City is a national asset with massive potential to address regional inequality December 12, 2016 One of the hardest parts of the lord mayor’s job is getting people to think of the financial City as more than just London. Our capital is certainly a vital part of the UK’s offer, but so are the many smaller towns and cities that lie beyond the M25 that, together, provide two thirds of the UK’s [...]
Stoke Newington High Street flooded by burst water main December 11, 2016 A burst water main has caused major flooding in Stoke Newington, the third major flooding incident in the past week. Some 350 people had to be evacuated from the area and more than 150 properties have been affected in the area around Northwold junction. The flooding began at around midday and London Fire Brigade say [...]
Andrew Tyrie demands Chancellor reveal more Heathrow details: It’s crucial that parliament “has all the tools at its disposal” December 9, 2016 Firstly Andrew Tyrie wasn't happy with the government over what assurances Nissan had been given on Brexit, writing to the head of the National Audit Office for more detail. And now, the chairman of the Treasury Committee has called on the government to be more forthcoming on Heathrow expansion too. The Conservative politician has written to [...]
Sadiq Khan accuses government of “washing their hands” of Southern rail crisis and abandoning passengers December 9, 2016 The mayor of London has become the latest to chime in on the hefty disruption on Southern rail, labelling the ongoing chaos "a total disgrace". Sadiq Khan criticised all sides and called on the unions to cancel the strikes lined up for next week, though he took particular aim at the government over its inaction. "The [...]
Coalition of councils (including the Prime Minister’s local) says legal action against Heathrow expansion is a go December 9, 2016 A coalition of councils has teamed up and hit the government with legal papers for unlawfully supporting the expansion of Heathrow. And while the councils all made their intentions clear a while back, it does prove a headache for Theresa May as her own local council, the Royal Borough of Windsor and Maidenhead, is involved [...]
Network Rail scraps loo charge at London Victoria after flushing out £1.4m for the year in toilet takings December 9, 2016 It's victory for those frustrated by having to spend a penny at rail stations – particularly suffering Southern commuters waiting around for delayed trains. For Network Rail has now ditched its toilet charge at London Victoria and Charing Cross stations. Read more: Taking the piss: How Network Rail is cashing in on the Southern strikes Earlier this [...]
The Waterloo & City line is suspended after a signal failure in the middle of the morning rush hour December 9, 2016 In a week of transport misery for Londoners, City workers faced even more misery this morning when the Waterloo & City Line was suspended. The line was suspended in the middle of the morning rush hour, just after 8am, because of a signal failure at Bank, Transport for London (TfL) said. https://twitter.com/wlooandcityline/status/807135825884549121 Read more: Every route [...]
More misery on the cards for Southern rail passengers as services are still affected post-strike action December 9, 2016 This week's strikes by the end Rail, Maritime and Transport (RMT) union might have come to an end, but Southern passengers aren't getting respite just yet. In fact, services are still going to be "severely disrupted", as Southern tries to cope with train drivers' union Aslef's overtime ban. Southern has updated travel advice for during the [...]
HSBC and RBS move into the pre-fab, build to rent housing market with support for Greenwich Creekside Wharf scheme December 8, 2016 HSBC and RBS have backed the UK’s first pre-fab build to rent scheme with a £60m loan facility. The banks will equally finance Essential Living’s 249-home Creekside Wharf scheme, based in Greenwich, with a four-year club deal. “Long-term demand for private rented housing is only going to increase in London and Essential Living’s position as [...]