Train delay compensation: How the new rules will make it more confusing for commuters to claim back for disrupted rail journeys July 20, 2015 Yesterday changes were announced to the National Rail Conditions of Carriage – the rules governing rail travel in the UK. The idea was to make it easier for commuters to claw back refunds for delayed and cancelled trains. All train operators are now obliged to offer passengers cash compensation rather than rail vouchers.That must [...]
The HS2 debate is over: It’s time to embrace the benefits July 19, 2015 One of the consequences of this year’s General Election is that HS2, the high-speed line from London to the Midlands and the North, is now almost certain to happen. The immediate challenge for London business is to take advantage of the huge opportunities it provides for regeneration and development in west London, where a new [...]
Why London must retain its lead as the world’s number one retail destination July 16, 2015 One thing underpins Britain’s economic recovery more than anything else: the resilience and potential of London’s economy. While the capital’s financial sector was first to feel the pain nearly a decade ago, London has also led the UK’s economic fightback – attracting global investment, growing employment and pushing up living standards. We are the world’s [...]
Lidl celebrates record £4bn turnover as discounter cements place in UK with new head office July 15, 2015 Lidl’s UK operation has announced plans to build a new head office in Tolworth, south west London, in a move seen as cementing its big player status in the UK supermarket sector. The expansion comes in the wake of what the company said is its most successful trading year yet. The new office [...]
Premier League pre-season fixtures list: Kick-off times and TV coverage as Arsenal head to Singapore and Manchester United go to the USA July 15, 2015 Arsenal Arsenal are "competing" for "trophies" on multiple fronts this summer. The Gunners are currently sweating it out in Singapore for the Asia Cup and will head back home later this month for the annual Emirates Cup. [infographic id="223"] Luckily for Arsenal fans, all of their pre-season fixtures are being televised on Sky Sports and [...]
Derwent London buys back 1 Oxford Street as part of Crossrail agreement July 14, 2015 Derwent London has signed a new 150-year lease agreement with Crossrail on a £400m office and shopping development above Tottenham Court Road station. The developer is effectively buying back the site at 1 Oxford Street after having to surrender it in 2009 to Crossrail. Derwent will receive £55m on completion of scheme in around 2020. [...]
Liverpool pave way for Sterling to seal English record £49m Man City transfer July 12, 2015 ENGLAND forward Raheem Sterling is closing in on a record-breaking £49m transfer to Manchester City after Liverpool withdrew him from their pre-season tour at the last minute. Sterling had been named in a 30-man party which yesterday departed for Thailand, where the Reds play a friendly against the True Thai Premier League All Stars tomorrow. [...]
Great Portland Estate bags 17 new lettings July 8, 2015 WEST End landlord Great Portland Estates said it secured £2.4m of annual rent in the past three months of the year after agreeing 17 lets to tenants, including retailer North Face at Walmar House on Regent Street. Its vacancy rate edged up to 2.4 per cent from two per cent in March.
Alternative finance in Asia: Cambridge’s Robert Wardrop on this exciting, untapped market July 8, 2015 Alternative finance is a growing business in the West. In 2014, UK peer-to-peer and crowdfunding platforms made £1.74bn available to firms and individuals, with growth of 168 per cent in Britain and 144 per cent across Europe. But what does the landscape look like on other continents? Set to be published by the end [...]
South Western trains franchise going to tender July 7, 2015 The South Western rail franchise will be put out to tender, it has been announced by the Department for Transport. The franchise is currently run by a subsidiary of transport operator Stagecoach Group – Stagecoach South Western Trains. It had previously been given the franchise by Direct Award negotiations – granted by the government [...]