Khan urges government to ‘get a grip’ on cost of living crisis February 5, 2022 Mayor of London Sadiq Khan has called on the government to “get a grip” on the cost of living crisis, after energy prices were confirmed to rise by £700 this year. A new energy price cap coming into effect in April will see customers paying an average of £700 more a year. With runaway inflation, [...]
London Tory MP to call for government to block £100m expansion of Wimbledon’s All England club February 3, 2022 A senior London Tory MP is set to call on the government to block a £100m expansion of the All England Lawn Tennis and Croquet Club (AELTC), which would see a new 8,000-person stadium built for the Wimbledon Championships. Wimbledon MP Stephen Hammond told City A.M. that the proposed development would come “at the expense [...]
Mayor of London puts Cressida Dick ‘on notice’ following Met concerns February 3, 2022 The mayor of London Sadiq Khan has warned the Met Police commissioner she needs an “urgent plan” to address racist and sexist behaviour within the police. Khan said he had put Dame Cressida Dick “on notice”, and told the BBC he had never been “more angry or disgusted”. It comes after a report published on Tuesday [...]
Levelling up: Khan says ‘deprived’ London areas need funding as much as the North February 2, 2022 Sadiq Khan has said London’s poorest boroughs are “some of the most deprived” in the UK and need funding just as much as the North in response to the government’s newly unveiled levelling up white paper. The mayor of London said he welcomed the new policy plan to help left behind areas in the North [...]
TfL faces D-Day, as government funding expires on Friday February 2, 2022 Transport for London (TfL) is about to face its D-Day as the latest round of government funding is set to expire on Friday. “I see it as existential for TfL, as it will determine the TfL of the future,” said TfL’s commissioner Andy Byford this morning during a board meeting. “What we do and what [...]
Elizabeth line is tangibly close to completion, TfL says February 2, 2022 The completion of Crossrail’s Elizabeth line is ‘tangibly close’, according to Transport for London’s commissioner Andy Byford. “It really is that close,” Byford said this morning during a TfL board meeting. “We have really put huge effort into getting the trials off [to a start]. The commissioner added that the quick turnaround of stations was [...]
Motorists to pay the price of TfL’s £1.5bn funding crisis February 1, 2022 Motorists could pay the ultimate price of Transport for London’s (TfL) funding crisis, which is expected to reach £1.4bn by 2024-2025. According to documents shared today, TfL expects to receive up to £300m per year from a series of policies London mayor Sadiq Khan is deciding upon, including the extension of the ultra low emission [...]
Levelling down London will hamstring the rest of the country, report warns January 31, 2022 The levelling up agenda will hamstring the UK economy if it moves business outside of London, reveals a fresh study published today. The government will fail in its ambition to narrow regional inequalities by pushing to stimulate economic activity across the UK “at London’s expense,” according to consultancy EY. Choking London’s contribution to the British [...]
Sadiq Khan: London home-building ‘at risk of stalling’ amid hiked construction costs January 28, 2022 Skyrocketing construction materials are slowing house-building progress in London, Sadiq Khan has warned. The Mayor of London warned new-build developments and extension projects were being hit by a cocktail of rising costs thanks to Brexit and the pandemic. Prices for materials, including steel, timber, and concrete, shot up 23 per cent last year, according to [...]
Fever raises $227m in round led by Goldman Sachs ahead of possible IPO January 26, 2022 Ticketing platform Fever reportedly raised $227m (£168m) in a Goldman Sachs led funding round signalling live events are making a comeback.