UK house prices 2019: What experts say will happen after Brexit December 31, 2018 Has there ever been a more difficult time to predict the future of UK house prices? Political uncertainty looms large over the UK’s property market, but experts have nonetheless given their expectations for the year to come. Bank of England governor Mark Carney showed how dangerous the numbers game can be in November, when he had [...]
Northern Line extension to Battersea Power Station faces 12 month delay in latest TfL setback December 22, 2018 The £1.1bn Northern Line extension to Battersea Power Station has been delayed by at least 12 months in the latest setback for cash-strapped Transport for London. The two mile spur from Kennington was forecast to open in 2020 but will now not be ready until September 2021 at the earliest, pushing up the project's cost. London mayor Sadiq Khan [...]
Sweat at the Donmar Warehouse review: This Pulitzer winning play is a comprehensive dissection of de-industrialised American heartlands December 20, 2018 Following the US Presidential election in 2016, a slew of reporters were hastily dispatched to the backwaters of de-industrialised America to discover why large sections of the working class population there thought Donald Trump was the answer to their problems. They needn’t have made the trip. This play by Lynn Nottage, first performed in 2015, [...]
Happy Hammers: West Ham starting to reach heights promised before move to London Stadium under Manuel Pellegrini December 20, 2018 The ugly scenes at the London Stadium towards the end of last season are now just a distant memory as West Ham sit pretty in the top half of the Premier League on the back of four straight wins for the first time in almost in five years. It was just nine months ago when [...]
Cricket highlights in 2018: Alastair Cook’s final century, James Anderson’s record-breaking wicket, Surrey’s impact and more December 19, 2018 It has been a year of highs for England’s Test side, with a legend bowing out, one carrying on and new stars emerging. Here are City A.M’s cricket highlights of 2018. Cook bows out on a high Alastair Cook had been a rock at the top of the England batting order for so long that [...]
Gulf Marine sinks like a stone as shares drop 75 per cent December 19, 2018 Gulf Marine Services dropped sharply today, falling by around three quarters as the company warned it would be unable to meet its obligations to lenders as increased competition hit its business. The firm, which provides services to the energy sector, lost 74.7 per cent of its £113.5m market value. Shares fell as low as 8.04p, their lowest [...]
Focus On Bow: A population boom and the commercial success of nearby Stratford is boosting plans for new homes in E3 December 17, 2018 It may seem like a distant memory now, but the London 2012 Olympic Games promised a lot in the way of legacy. It anointed six east London areas – Newham, Tower Hamlets, Waltham Forest, Greenwich, Barking & Dagenham and Hackney – ‘Growth Boroughs’ and predicted that the money pouring into Stratford would emanate out to [...]
Sadiq Khan blasts government for ‘forcing London to pay twice’ for Crossrail delay December 11, 2018 Transport for London (TfL) has admitted its fare income will be £2.1bn lower than expected as it battles a "perfect storm" of pressures on its finances. In its business plan for 2019-20 to 2023-24, TfL said a “subdued” economy and a £700m reduction in central government funding for challenges facing the organisation. It said fare revenue [...]
New homes: Our pick of the new builds going on sale in London this week December 11, 2018 New developments on the market this week Hampstead Manor, Hampstead £1.75m (show apartment asking price) A show apartment launched this week in a key heritage restoration project in north west London. Part of a larger scheme that also includes new builds, this two bedroom home is in a converted building called Dudin Brown, which dates [...]
Crossrail crisis: Businesses react to £1.4bn bailout and further delay December 11, 2018 The crisis facing Crossrail deepened yesterday as Transport for London (TfL) confirmed that the delayed project could need up to £2bn in extra funding to keep afloat. Crossrail chief executive Mark Wild also admitted that the railway, which had already been delayed from December 2018 to autumn 2019, may not open until 2020. While the [...]