London’s mayor Sadiq Khan sets sights on Elizabeth Line extension east of Abbey Wood to Ebbsfleet | City A.M. January 12, 2018 The £14.8bn Elizabeth Line is currently on track to be fully open by the end of next year, and the mayor is now eyeing a previously mooted extension to the railway. Sadiq Khan has outlined in his draft London plan, setting out how he thinks the capital should look like over the coming years, that [...]
London house prices dropped in 2017: This is how the experts reacted January 4, 2018 London house prices fell last year for the first time since the financial crisis, and the capital was the worst performing UK region for property price growth for the first time in 13 years. House prices in the capital dropped by 0.5 per cent in 2017, according to the most recent Nationwide house price index, [...]
Brent crude oil rises above $68 a barrel for the first time since 2015 lifting shares in BP and Shell January 4, 2018 Oil prices rose to fresh two-and-a-half-year highs today with Brent crude oil climbing above $68 a barrel, on geopolitical tensions in Iran and a tighter market. Brent crude futures rose to $68.27 a barrel this morning, a high not seen since May 2015, before edging down slightly to $68.18 a barrel at the time of [...]
What’s next for oil and gold prices in 2018? Here’s what analysts said January 2, 2018 Crude oil and gold prices both started the year on a firm footing, but are prices going to keep going up in 2018? Here's what analysts said about the commodities. Oil prices expected to stay around $60, but could go as low as $30 Brent crude and West Texas Intermediate (WTI) prices both opened above [...]
This Tube map shows average salaries near each London Underground station January 2, 2018 A new London Tube map reveals which stations have the highest paid jobs around them, with Barbican the top Tube stop for average salaries. Average salaries near the Barbican top £52,000, followed by Monument at £51,222, and Bank and Cannon Street, both at £51,217. Job search engine Adzuna compiled the map by analysing average advertised [...]
Brits brace for Christmas travel trouble with “Frantic Friday” on the roads ahead of series of rail strikes and station closures December 22, 2017 Brits today face the busiest date for travelling on the nation’s roads, at the start of a festive period stacked with travel troubles including rail strikes and numerous station closures. The RAC has warned drivers against travelling today where possible with last-day commuters mixing with an expected 1.25m leisure trips. It has been dubbed “Frantic [...]
Revealed: Behind the scenes of Carillion’s annus horribilis December 21, 2017 Troubled construction giant Carillion hit the headlines again yesterday after it announced its interim chief executive Keith Cochrane will be replaced almost three months earlier than planned. When Andrew Davies, who was set to take over on 2 April 2018, starts on 22 January, he will become the company’s third chief executive in six months. [...]
City A.M.’s Devilishly Difficult 2017 Sports Quiz Part 1: The good and the bad of the sporting year December 21, 2017 It has been another vintage year of sporting drama, from the triumphs of Anthony Joshua and Lewis Hamilton to the disappointments of England’s failed Ashes defence and Usain Bolt’s anticlimactic farewell. But as the dust settles on 2017, how much have you remembered about those defining moments, or the storylines playing out off the field, [...]
Carillion share price: Behind the scenes of the construction giant’s annus horribilis December 21, 2017 Troubled construction giant Carillion hit the headlines again yesterday after it announced its interim chief executive Keith Cochrane will be replaced almost three months earlier than planned. When Andrew Davies, who was set to take over on 2 April 2018, starts on 22 January, he will become the company’s third chief executive in six months. [...]
This property investment firm now owns a huge chunk of Seven Dials after acquiring six more shops | City A.M. December 20, 2017 West End investment firm Shaftesbury announced this morning that it has acquired six more shops on London’s Neal Street, in Seven Dials, for £24.6m. This means Shaftesbury now owns a whopping 70 per cent of the shops on the northern section of Neal Street, the busy road which connects Covent Garden Underground station to Shaftesbury [...]