Oxford St still feeling side effects of Covid as footfall recovery lags behind March 30, 2022 Oxford St has struggled to return to its pre-pandemic glory with football down 46 per cent on pre-Covid levels. Overall, high street footfall levels were down 23 per cent in February, according to an RSM analysis of data from Datscha. International travel restrictions have dampened the numbers of shoppers in central London hubs. Northern shopping [...]
eEnergy and EO Charging pledge to deliver 50,000 EV office chargers by 2030 March 30, 2022 eEnergy announced today it will partner with electric vehicle (EV) charging firm EO Charging to roll out 50,000 EV office chargers by 2030. The partnership will initially focus on the UK education sector, providing 200 charging spots by the end of April, with numbers going up to 2,000 within the first 12 months. The digital [...]
Maersk warns Shanghai’s lockdown will hike transport costs March 29, 2022 Shipping giant Maersk said today transport costs will continue to increase following Shanghai’s decision to lockdown. Shanghai started going into lockdown yesterday, closing down half of the city while the other one will be be shut from Friday for a four-day testing exercise. “Trucking service in and out (of) Shanghai will be severely impacted by [...]
Boris Johnson has not been given Met police fine over partygate, says Number 10 March 29, 2022 Boris Johnson will not be given one of 20 penalty notices the Metropolitan Police will hand out today over partygate, Number 10 has said. Johnson’s official spokesman told journalists that “we’ve said we will update if” the Prime Minister is found to have broken the law during the Met’s investigation. The Met announced today that [...]
Partygate: Metropolitan Police slap Boris Johnson’s team with 20 fines, more notices expected March 29, 2022 The Metropolitan Police said this morning that investigators will begin to refer 20 notices to the ACRO Criminal Records Office, responsible for issuing fines. The police confirmed twenty fines are set to be issued over alleged lockdown-busting parties held in government buildings. It is expected that further fines could be issued as officers continue to [...]
Kwarteng targets trebling of solar power capacity as part of renewable ramp up plans March 29, 2022 Business Secretary Kwasi Kwarteng backs renewable ramp up to ensure secure energy supplies, despite concerns over community backlash.
EU and UK at loggerheads over wind farms as Commission launches WTO legal challenge March 29, 2022 The European Commission has launched a legal challenge against the UK's subsidy criteria for wind farms.
City Moves: Who’s switching jobs in the Square Mile? March 29, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Dominvs Group London-based real estate developer Dominvs Group has appointed the former CEO of Travis Perkins Properties (TPP) as a senior advisor. Martin Meech steps onto the board with more than four decades of property experience, spanning M&A, strategic development, finance structuring, and [...]
Twenty penalties for Number 10’s ‘partygate’ set to be dished out March 28, 2022 Twenty fines are set to be issued to twenty people following police investigations into the infamous ‘partygate’ at Downing Street and Whitehall during lockdown.
EDF announces another delay to Hinkley Point C nuclear plant March 28, 2022 EDF has revealed it will have to announce new delays and cost overruns for its Hinkley Point C nuclear plant project in the UK.