Margaret Thatcher’s former home on Chester Square, Belgravia comes to market – with a £30m price tag February 8, 2016 Margaret Thatcher once said that home was where you went "when you've got nothing better to do", but with a £30m price tag, whoever snaps up her former residence will presumably be happy to twiddle their thumbs in doors. Developer Leconfield has spent 18 months renovating the Chester Square property – where she lived from 1991 until [...]
Shakespeare’s former theatre The Curtain now the scene for Galliard Homes’ new development The Stage February 8, 2016 Galliard Homes has launched its latest development venture on the site of William Shakespeare's former theatre The Curtain. The £750m development of the 2.3 acre site, which is being carried out in a joint venture with Cain Hoy, McCourt, Vanke and The Estate Office Shoreditch, will create a new mixed use space that includes a 37 [...]
Storm Imogen is playing havoc with drivers – but companies like Samsung, Google and Bosch are showing how technology can make roads safer February 8, 2016 Storm Imogen has landed and, as with the other storms this winter, is already causing problems for many road users, with strong winds hitting London and the rest of the UK. When the weather’s harsh, conditions for pedestrians and cyclists get worse and there’s no let-up in particular for those whose job depends on being on the [...]
Tube strike 6 and 8 February 2016: Union RMT calls off weekend’s strike action over ticket office cuts February 5, 2016 RMT has called off its 24-hour strike at the 11th hour, preventing disruption that would have started on Saturday evening and continued until late Monday night. The union said it had carried out a "long and hard fought campaign", which had resulted in "significant progress in the talks". "[That] has enabled us to now suspend all [...]
Elephant & Castle roundabout shut after fatal collision, affecting Old Kent Road, New Kent Road, Newington Causeway and Bricklayers Arms February 5, 2016 Elephant & Castle roundabout has been shut after a fatal accident this afternoon, involving a lorry and a pedestrian. Police are on the scene alongside the London Ambulance Service. London's Air Ambulance is also present. Emergency services were called just after 12:30pm today. The pedestrian, a woman believed to be in her 80s, has been pronounced dead at [...]
Victoria Station evacuated after WWII bomb found on building site at Terminus Place February 5, 2016 Victoria Station has been reopened after it was evacuated this morning, following the discovery of a Second World War bomb on a nearby building site. The incident at Terminus Place, which was attended by armed police officers, meant the busy train terminus was closed and peopled ushered out of the building for several minutes at around [...]
Transport for London’s plan to make all Black Cabs accept card payments is great news – but the details tilts the playing field against them February 5, 2016 We all love simplicity and speed. Last weekend I popped into my local Apple Store at Bluewater to get a new charging cable. Instead of queuing, one of the staff came over to me and I purchased the cable via her handheld mobile payment device. The VAT business receipt was automatically emailed to me. What a [...]
CMC Markets’ share price falls during first morning of public trading, after IPO valued firm at £691m February 5, 2016 CMC Markets' share price fell during its first morning of trading on the London Stock Exchange, despite having already listed at the lower end of its price range. The spreadbetter priced its shares as 240p, giving the firm a valuation of £691m, for its debut on the main market today – lower than the £730m originally expected. [...]
Amazon to launch physical bookstore? Why the etailer has done a 180 on bricks and clicks February 5, 2016 With the news that Amazon is set to open 400 book stores in the US, some could say it’s taking the ‘old fashioned’ route to retail that it had originally disrupted. What are the drivers? One word: leisure. While convenience has become a modern shopping fixation – with brands feeding it constantly, creating new and smarter [...]
Centrica sells wind farms stake in Glens of Foudland, Lynn and Inner Dowsing February 5, 2016 Centrica and EIG have agreed to sell their wind farms, for a total of £423m. The wind farms, in the Glens of Foudland, Lynn and Inner Dowsing, have been offloaded to a consortium including the UK Green Investment Bank Offshore Wind Fund and other funds managed by BlackRock. After paying off debt, Centrica will receive around [...]