Crossrail latest: New Elizabeth Line trains tested in tunnels under London as Europe’s largest infrastructure project wraps up May 24, 2018 Crossrail has released the first footage of the new Elizabeth Line trains being tested in the tunnels under London, along with pictures showing construction progress of the £14.8bn project ahead of the December launch. The new railway will serve 41 stations including 10 newly built ones, and run from Reading and Heathrow in the west [...]
Homeowners near Crossrail 2 stations could be hit by new tax May 11, 2018 People living near Crossrail 2 stations could be hit by a new tax, under proposals being considered by Transport for London (TfL). The proposed £31bn project will start from Cheshunt in Hertfordshire and run through London and then out to stations in Surrey such as Epsom, Hampton Court, Chessington South and Shepperton. Property magazine Estates [...]
Digital Innovators: three market transforming companies leading business into the world of tomorrow May 9, 2018 Technology has become one of the main driving forces of the world economy, allowing businesses to become more productive and efficient, and helping to create new types of jobs. Data analytics and machine learning mean that artificial-intelligence powered devices are becoming faster and smarter, able to solve all sorts of problems and tasks. These three [...]
From huskies to supercars, the wilderness of Finland is transformed into a billionaires’ playground by McLaren May 1, 2018 I’ve been promised 567 horsepower, but first I get to experience the propulsion of seven huskies. I’m scrambling through the forests of northern Finland, hanging onto a rickety two-man sled, zipped up against the Arctic cold. I eventually arrive at McLaren’s kota, a traditional wooden hut 2,000 miles as the crow flies but more realistically [...]
Wasteful thinking: We meet the man on a mission to tackle the UK’s plastic addiction April 30, 2018 That image of the dead whale calf, possibly poisoned after digesting plastic waste, is now etched in our memories forever. Aired in November, the BBC documentary Blue Planet has opened people’s minds to the consequences of consumerism – the throw-away culture which is destroying the world as we know it. “The message is a tragic [...]
Ready to regulate: Why crypto and the City need each other April 30, 2018 The financial services sector is rife with inefficiency. The global financial system moves trillions every day and serves billions of people in the process, yet legacy technology and siloed systems make change immensely slow, if not impossible. The majority of core banking systems are over 30 years old, and almost half of financial intermediaries suffer [...]
Northern Line extension row over rising costs on the £1.2bn project remains unresolved seven months on April 27, 2018 A row over extra costs to the Northern Line extension is still yet to be resolved, six months since Transport for London (TfL) said that court could be an option in the stand-off, though not one it was keen to pursue. The £1.2bn project will extend the Northern Line from Kennington to Battersea via Nine [...]
Lloyd’s of London launches Brussels hiring spree as new EU base takes shape April 24, 2018 Lloyd’s of London today kicked off a search for new staff in Brussels as it prepares for Britain’s exit from the EU. The iconic London insurance market rolled out plans last year to established a new European headquarters in Belgium to mitigate the fall-out from Brexit. Lloyd’s is advertising vacancies for frontline underwriters as well [...]
Principal London and Bloomsbury Hotel revamp to draw in a younger crowd April 20, 2018 We had no brief when we started this project,” says interiors guru Tara Bernerd, showing me around the former grandiose Hotel Russell on Russell Square. It re-opened on Monday but rechristened as the Principal London. Built in 1898 by the English fin-de-siecle architect Charles Fitzroy Doll, its magnificent Renaissance-revival terracotta exterior is Grade II-Listed, along [...]
UK house prices: London property market continues to cool as national average asking price reaches a record high April 16, 2018 The average price of property coming to the London market fell this month as the UK average price reached a record high, according to Rightmove’s house price index. The capital is just one of two regions to see a drop nationally, with prices decreasing by 0.6 per cent this month. The national average asking price [...]