TfL fare increases: How much a bus, tube or train ride will rise in 2023 January 18, 2023 Mayor Sadiq Khan has confirmed that Transport for London fares will rise in March of this year – meaning Londoners and visitors will be paying more to get around the capital. Fares on the tube, buses, and rail will go up by just shy of 6 per cent, whilst a temporary move to make over-60s [...]
Revealed: TfL forced to hike fares by six per cent due to terms of government deal January 18, 2023 Mayor Sadiq Khan has today announced an almost 6 per cent hike in TfL fares due to the terms of last year’s central government bailout of the network. Khan said there was “no viable alternative” to “plug the gap” left by central government funding. The Mayor is able to top up local Council Tax with [...]
London households to be hit with Council Tax increase – to pay for new Met officers January 18, 2023 London households are set to be hit with higher Council Tax in 2023 in part to pay for more Metropolitan Police officers. Sadiq Khan announced this morning that he was proposing a £38.55 increase on the average Band D house in the capital. He has the power to put top-up ‘precepts’ on local council bills [...]
Ukrainian interior minister Denys Monastyrsky killed in chopper crash January 18, 2023 A helicopter crash in a Kyiv suburb on Wednesday killed 18 people, including Ukraine’s interior minister and three children, Ukrainian authorities said. Interior Minister Denys Monastyrskyi, his deputy Yevhen Yenin, and State Secretary of the Ministry of Internal Affairs Yurii Lubkovych were among those killed, according to Ihor Klymenko, chief of Ukraine’s National Police. Mr [...]
Grant Shapps to outline new ‘scale up’ vision for Britain at Davos lunch January 18, 2023 Grant Shapps is set to outline a new plan to ‘scale up’ British businesses in Davos this week, City A.M. understands. In a video seen by City A.M. ahead of Shapps’ trip to the Swiss mountain town for the World Economic Forum, the business secretary says: “When I pack my luggage, I won’t just be [...]
Bringing cake into the office is as bad as passive smoking, food regulator warns January 17, 2023 Bringing a cake into the office is as bad as subjecting others to passive smoking, the country’s chief food regulator has said. In an interview with The Times, Professor Susan Jebb said that bringing treats and snacks into the office wasn’t creating a “supportive environment” for people looking to lose weight. “With smoking, after a [...]
Fresh multi-million pound grant stumped-up by Arts Council for the National Opera January 17, 2023 The English National Opera (ENO) is set to receive more than £11 million from the National Lottery for the next financial year after Arts Council England (ACE) announced funding cuts. In plans announced in November, ACE said it was removing the opera company as a national portfolio organisation, resulting in a funding cut of £12.6 [...]
Paperchase puts administrators on standby – but ‘interested parties’ in talks January 17, 2023 Stationery outfit Paperchase has put administrators on standby as it scrambles to find new financial backers. Sky News’ Mark Kleinman has reported that Begbies Traynor has been lined up to handle any potential insolvency. The firm has been bruised and battered by the pandemic and changes to the high street, though City sources told Kleinman [...]
London rents ended year 11 per cent higher than start of 2022 amid ‘imbalance’ between supply and demand in crowded capital January 17, 2023 Rents at the top end of the London market ended 2022 10.9 per cent higher than when the year started, according to an estate and lettings agent. Demand from tenants is continuing to significantly outweigh supply, Savills said. Jessica Tomlinson, research analyst at Savills, said: “The ongoing imbalance between demand and supply is expected to [...]
Can the civil service strike be averted? Union accuses minister of ’empty promises’ on pay negotiations urged January 17, 2023 Civil servants on the path to future leadership roles in Whitehall have voted to strike in a dispute over pay. Members of the FDA union in the civil service fast stream backed strike action, accusing ministers of “empty promises” over pay reform. On a turnout of 60per cent, some 88per cent of fast stream members [...]
