This giant credit rating agency has just issued a warning about Sadiq Khan’s plans to freeze TfL fares May 9, 2016 Hmm. Looks like things aren't getting off to a great start for London's new mayor, Sadiq Khan, after one of the world's largest credit ratings agencies warned his central pledge may hurt Transport for London (TfL). That didn't take long… In a statement that was as brief as it was punchy, this morning Moody's warned [...]
Sadiq Khan’s legacy as mayor will hinge on how he responds to these key challenges May 9, 2016 Now that the London mayoral election race is over, the real work begins for Sadiq Khan. First, though, I want to offer my congratulations to him and convey the message that the City of London looks forward to working closely with him and his team in the coming years. London is a truly unique and [...]
Parking mad: London parking spaces sold for over £200,000 May 8, 2016 LONDON is one of the world’s most expensive places to pay for parking space. On Brewer Street in Soho, for example, you could spend over £50 on just three hours of parking. That may be why some mysterious buyers have forked out as much as much as half a million pounds to buy a parking [...]
How much will Sadiq Khan earn as mayor of London? May 8, 2016 He may come from humble beginnings but Sadiq Khan is now set to earn some serious dosh. His punchline for his mayoral campaign was “I’m the son of a bus driver”. The Tooting MP, whose parents are Pakistani immigrants, grew up in a modest south London housing estate with his seven siblings. He slept in [...]
Fitness chain Pure Gym in good health as turnover hits £99.5m May 8, 2016 Pure Gym, Britain’s biggest gym operator, has seen its turnover soar from £68.6m to £99.5m following a 50 per cent increase in membership. However profits for the budget chain dropped from £7.5m to £2.6m thanks to exceptional expenses, the latest accounts filed for 2015 showed. The Leeds-based fitness operator, that has 160 gyms across the [...]
Sadiq Khan comes out fighting against “Donald Trump” tactics and Labour squabbles May 8, 2016 Newly elected Mayor of London Sadiq Khan has warned that the Labour party needs to stop arguing among itself and focus on the lives of voters while blasting the Conservative's "Donald Trump" tactics. After winning a comfortable majority to give Labour its first election win in City Hall for eight years, Khan said: "It might [...]
London Assembly and mayoral election results mapped May 6, 2016 Sadiq Khan has triumphed in the race to become Mayor of London while Labour also dominated in the London Assembly elections. Around 3pm, Bexley & Bromley became the first of the London constituencies to announce and the Tories' Gareth Bacon won. That was followed by a win from Labour's Leonie Cooper in Merton and Wandsworth, with more wins for each [...]
Outgoing London mayor Boris Johnson understood what makes London great May 6, 2016 Whoever emerges as London’s next mayor will be filling some enormous shoes. Boris Johnson’s legacy can’t really be quantified in the way you’d weigh ordinary politicians’ achievements. Yes, he can point to Crossrail and huge transport investment, hundreds of thousands of new jobs, a wildly successful Olympics, falling crime, lower mayoral council tax, and big [...]
Canary Wharf boss says London could be overtaken by EU cities within years if Brexit happens May 6, 2016 Canary Wharf property boss Sir George Iacobescu has said London would be overtaken by other key European cities within five years if Britain leaves the European Union. "There is nothing you have here in London that is not replicable," Iacobescu said at the City Property Association's EU referendum debate last night. "Whether it is Frankfurt [...]
Polls have now closed in the London mayor elections, Sadiq Khan thought to be in the lead over Zac Goldsmith May 5, 2016 Polls have now closed in the London mayoral, London assembly and regional elections throughout the UK. Poll stations across the capital closed at 10pm after opening for voting at 7am this morning. Thousands of voters in Barnet were turned away from polling stations earlier due to incomplete lists, which has led to speculation that the [...]