London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
TfL agrees £1.6bn bailout deal with government May 14, 2020 TfL tonight agreed a £1.6bn bailout deal with central government after London mayor Sadiq Khan warned that without an emergency cash injection the transport system would run out of cash. The bailout is made up of £1.1bn in cash with a £500m loan. Number 10 has attached a number of conditions to the bailout including [...]
Grant Shapps ‘optimistic’ of TfL bailout deal, but signals potential fare rises May 14, 2020 Transport secretary Grant Shapps has said he is “optimistic” a deal can be struck to rescue struggling Transport for London (TfL), while signalling that fare hikes may be a condition of any bailout. Shapps said at today’s press briefing that a bailout was on its way for TfL, just hours after Sadiq Khan said he [...]
UK government kick starts £2bn transport spending spree May 14, 2020 The government has begun a £2bn spending spree on the UK’s transport infrastructure, according to transport secretary Grant Shapps. Shapps said at today’s press briefing that the government had begun a slew of road and rail projects, which were first announced in the Conservatives’ 2019 election manifesto. Shapps said the government was in the process [...]
Sadiq Khan warns TfL will run out of cash today without government bailout May 14, 2020 London’s mayor Sadiq Khan has given the government an ultimatum saying that if Transport for London does not receive a bailout today the operator will have to cut tube and bus services. Speaking to LBC, Khan said: “Being blunt, today is the last day. Unless the government gives us confirmation of the grant we need, [...]
City Hall report: A quarter of London businesses on brink of collapse May 13, 2020 Almost a quarter of London businesses are on the brink of collapse, according to new figures from City Hall. A YouGov survey commissioned by City Hall’s London Growth Hub found 23 per cent of the capital’s businesses won’t last more than two months of the coronavirus lockdown, which began on 13 March. The report found [...]
Coronavirus public transport advice: What do lockdown rules say? May 13, 2020 The government has released new public transport advice for would-be commuters as the UK takes its first tentative steps out of seven weeks of lockdown. Although it once again stresses that people should avoid travelling it is totally necessary, the measures lay out steps people can take to keep themselves and others safe when making [...]
The unions stand on the precipice May 13, 2020 Len McCluskey, the leader of the trade union Unite, probably did as much as anybody to ensure Boris Johnson’s massive electoral victory last December. A fervent supporter of Jeremy Corbyn, his grip on the Labour Party machine compelled Labour to fight the election with its most unpopular and inept leader in history. McCluskey is up [...]
Coronavirus: UK relief package for self-employed opens today May 13, 2020 Applications will open this morning for the government’s £9bn coronavirus support package for the self-employed, with first payments expected on 25 May. The scheme will open weeks earlier than initially anticipated, and will see self-employed workers get paid up to £7,500 as a lump sum for three months’ income. Funds are expected in applicants’ bank [...]
Mayor candidate Shaun Bailey: TfL bailout was ‘inevitable’ May 11, 2020 London mayoral candidate Shaun Bailey has claimed that Transport for London’s (TfL) bailout bid was “inevitable” and would have happened even without the coronavirus crisis. The Tory candidate told City A.M.’s daily podcast The City View that TfL was “bankrupt, virtually” and that its bid for a £2bn bailout from central government was because of [...]
TfL: Londoners should wear face masks on Tube May 11, 2020 Transport for London (TfL) has warned commuters that they will have to “significantly change” the way they travel as the country begins to ease coronavirus lockdown measures. After Prime Minister Boris Johnson last night said that those who could not work from home should return to work, the operator laid out its initial plan to [...]