London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Thames Clippers expands east with new pier at Barking Riverside July 10, 2020 River bus service Thames Clippers is expanding its service east with a new pier at Barking Riverside, City A.M. can reveal. The pier, which will be delivered in 2021, is the service’s 24th and marks a four km expansion to the east. Co-founder of Thames Clippers Sean Collins told City A.M. that he had approached [...]
Sadiq Khan commits an additional £2m to help Londoners retrain during pandemic July 7, 2020 Sadiq Khan is making an additional £2m available for training opportunities to help Londoners, many of whom have been furloughed or made redundant during the pandemic. The London mayor launched his Skills for Londoners Covid-19 Fund in May with an initial allocation of £6m. However, given the high levels of demand across the capital it [...]
London needs a homebuilding kickstart package, with social housing at its heart July 7, 2020 The government’s economic statement tomorrow is an opportunity for the chancellor to put building new homes at the heart of a plan to kickstart the recovery and help Britain bounce back after coronavirus. To achieve this, we need to see much more than Boris Johnson set out in his speech in Dudley last week. A [...]
London’s City University scraps Cass name from business school over slavery links July 6, 2020 London’s City University has dropped the name of its Cass Business School over its 18th-century namesake’s links to the slave trade. The school, which frequently ranks in the world’s top MBA programmes, today said it will be renamed City’s Business School after a unanimous ruling from its shareholders found the name was “incompatible with City’s [...]
Reopenings stall as US records nearly 50,000 coronavirus cases in one day July 2, 2020 Governors of US states hit hardest by the resurgent coronavirus halted or reversed steps to reopen their economies yesterday, led by California, the nation’s most populous state and a new epicentre of the pandemic. New cases of coronavirus shot up by nearly 50,000 on Wednesday, according to a Reuters tally, marking the biggest one-day spike since the [...]
S&P: Brexit to hold back UK economy’s coronavirus recovery July 1, 2020 Credit rating agency S&P has said prolonged social distancing and Brexit will hold the UK economy’s recovery from coronavirus, disagreeing with the Bank of England’s optimistic view about a sharp rebound. S&P Global Ratings today said it expects the UK economy to shrink by an enormous 8.1 per cent this year. And it said the [...]
Sadiq Khan slams Johnson’s New Deal for ‘failing to grasp’ scale of economic crisis June 30, 2020 Mayor of London Sadiq Khan has slammed Boris Johnson’s pledge to pump £5bn into British infrastructure, saying the government has “fundamentally failed to grasp” the scale of the economic challenges facing the UK. In a major speech this morning, the Prime Minister set out government plans to inject billions into a new infrastructure project to [...]
Sadiq Khan calls for government clarity on local lockdown powers June 29, 2020 Sadiq Khan has urged the government to provide more clarity on what powers local authorities have to deal with regional coronavirus outbreaks. The mayor of London wrote to health secretary Matt Hancock today to ask if councils had the power to implement local lockdowns and for additional resources in the case of localised flare ups. [...]
Vodafone likely to snub the City for Frankfurt in towers business listing June 29, 2020 Vodafone is veering away from the City, and is instead eyeing up Frankfurt for the listing of its multi-billion-pound European towers business, in a move that will further position the firm away from Britain. The telecoms firm last week invited advisers to pitch for a role on the planned flotation of its European tower units, [...]
Sadiq Khan backs proposal for quicker 5G rollout in London June 29, 2020 Sadiq Khan has backed a new report that calls for a quicker rollout of 5G infrastructure in London and beyond. A new report out today by former Treasury economist Matthew Oakley, and commissioned by Vodafone, found that an upgrade from 4G to 5G infrastructure would have a £120bn benefit to the UK economy over 10 [...]