Mayor of London Sadiq Khan gears up for charge on London’s most polluting vehicles October 10, 2016 Sadiq Khan has started the formal consultation before an emissions surcharge – “T-charge” – for older polluting vehicles is introduced in October 2017. Cars, vans, minibuses and heavy vehicles that don’t meet the Euro 4/IV emission standard will pay £10 to enter the congestion charge zone. It will predominantly be for those registered in 2005 or [...]
Bike-sharing app Cycle.land is coming to the capital October 10, 2016 Londoners will soon have a wealth of options should they want to get on their bikes. It was recently announced the popular Boris bikes were getting a revamp and now a new bike-sharing company is hoping to win over the capital. Read more: TfL signs £79m deal with Serco to upgrade London's Boris bikes Cycle.land launched in Oxford in [...]
Southern Railway strikes to go ahead despite last-ditch legal action October 10, 2016 A three-day strike starting on Tuesday is going ahead, despite Southern Railway's late legal challenge. The company said it had ruled out further talks with the RMT union. RMT general secretary Mick Cash confirmed the receipt of a legal challenge from the train operator over the guards safety row. "It is appalling that rather than [...]
Scottish government wants Heathrow’s third runway given the green light October 10, 2016 It's not quite lift off for any of the airport expansion proposals just yet (and may not be for a while) but Heathrow's third runway proposal was given a boost after the Scottish government gave its backing to the airport's plan. The merits of the various options have been debated for a while, but ministers emphasised the draws of significant [...]
Commuters facing disruption to and from Moorgate station until 10am October 10, 2016 Commuters are facing rush hour disruption this morning, with delays on services in and out of Moorgate station in the City. National Rail said a broken down train between Drayton Park and Moorgate is causing delays of up to 30 minutes to trains to and from Moorgate. Some services to the station will be amended to start and [...]
Out of home advertising: Kinetic’s Stuart Taylor talks with City A.M. October 10, 2016 WHILE travelling to Kinetic’s office in Bloomsbury, it hit home just how prevalent out of home advertising is. There are 30 screens as you stroll down the escalator towards the underground at Bank, each beaming a different message. Sat on the train, averting eye contact, your eyes are drawn to the adverts next to the [...]
MPs gear up for fight with Theresa May over Single Market access October 10, 2016 MPs are gearing up for a fight with Theresa May over access to the EU’s Single Market, as the government prepares for a series of legal battles over its right to take Brexit decisions alone. May has come under fire from senior backbenchers and business groups after a Conservative Party conference that saw the Prime Minister suggest [...]
BBC’s £60m hotel bill: 2016 on track to be highest on record for money spent on accommodation for guests and staff October 10, 2016 The BBC has spent nearly £60m on hotels for guests and staff in less than seven years, City A.M. can reveal. New figures for the corporation’s annual hotel bill show that over £5.8m was spent in the first half of 2016. If this level of spending continues for the rest of the year, the BBC [...]
Oil price crash and Brexit woes fuel number of firms de-listing from AIM October 10, 2016 The number of firms de-listing from the Alternative Investment Market (AIM) has jumped by a fifth in the last year as financial stress took hold. Accountancy firm UHY Hacker Young found that 107 companies de-listed in the last year, up from 89 on the 12 months before. While insolvency and financial stress proved the most frequent [...]
The RMT tells members to accept new role but holds firm on strike action October 9, 2016 In the latest episode of the long-running dispute between the RMT and Govia Thameslink Railway, the union has advised its members to accept the new on-board supervisor role, but to proceed with strike action. RMT general secretary Mick Cash denied there had been a climb down from the union. “Our dispute remains on and the [...]