The UK extends its lead as Europe’s established tech unicorn capital October 23, 2018 London has cemented its standing as the capital of Europe’s billion-dollar technology startups, as surrounding cities help to push the UK forward while its companies expand internationally. New figures released today show the UK has now created 60 so-called unicorn startups – companies with a valuation of $1bn (£769.6m) or more – since 1990, according to [...]
Thousands expected to march for second EU referendum in London October 20, 2018 Thousands of people are expected to march in central London today for a final referendum on the Brexit deal, the so-called people’s vote. Read more: UK ready to agree Irish backstop deal to speed Brexit talks The march started at midday in Park Lane and finishes in Parliament Square where marchers will hear speakers, including TV [...]
Focus On Borough: Huge change is coming to the ancient part of central London. Is it time to buy? October 19, 2018 In many ways, Borough is typical of London. Some parts of it are eye-wateringly old, like foodie haven Borough Market, which celebrated its 1,000th birthday this year. Other parts are tediously touristy, like London Dungeons. Other parts are so recharged, they’re unrecognisable, like Hays Galleria or anything within 100m of The Shard. It’s a muddle, [...]
Tory leader in City Hall offers coy defence of controversial mayoral candidate Shaun Bailey October 18, 2018 The leader of the Conservatives in the London Assembly has shied away from giving a weighty endorsement of the group's controversial candidate for mayor, Shaun Bailey. Bailey, who is the Tories' pick to take on the incumbent Labour mayor Sadiq Khan in the upcoming election, has sparked criticism after it emerged he made a series of [...]
Gatwick Airport publishes proposals to use emergency runway October 18, 2018 Gatwick Airport has published controversial plans to use its standby runway to increase capacity in a move that has been branded as "subterfuge" by campaigners. The plans mean the airport's standby or emergency runway will effectively operate as a second runway, which Gatwick has called for to increase its constrained capacity. The airport lost out [...]
Whitehall’s move to Canary Wharf should inspire us towards a smaller, smarter state October 18, 2018 Moore's Law is an observable rule that has held broadly true since the mid-1960s. Named after the co-founder of Intel, it argues that every two years the number of transistors on a microchip will double at the same time that costs halve. In the real world, this has meant phones, cameras, and computers that are now [...]
FCA could slap fine on TfL for not informing London Stock Exchange of Crossrail delay in July October 18, 2018 The financial watchdog is considering whether to launch a formal investigation into Transport for London (TfL) over its alleged failure to inform the London Stock Exchange (LSE) about the impending delay to Crossrail in July. On 31 August Crossrail announced that the £15.4bn Elizabeth Line, which will connect Reading and Heathrow in the west to Shenfield [...]
Buses to run for 24 hours a day under new £150m plans for Oxford Street October 18, 2018 Buses will run for 24 hours a day under new plans to develop Oxford Street which London mayor Sadiq Khan wanted to pedestrianise before the plans were abandoned in the summer. Westminster city council will spend £150m on increasing walking space in Oxford Street but two lanes of traffic will continue along the length of the street [...]
TfL and Westminster council face another clash in court over blocked CS11 cycle superhighway October 17, 2018 Transport for London (TfL) and Westminster city council could face another clash in court over a decision to block a cycle superhighway project in north-west London. Construction of the cycle superhighway 11 (CS11) came to a grinding halt in August after Westminster council mounted a successful legal challenge against the project, which is intended to link Swiss Cottage [...]
Sadiq Khan launches online Brexit resource for businesses October 17, 2018 Mayor of London Sadiq Khan has launched a website aimed at helping companies prepare for potential challenges presented by Brexit. The Brexit Business Resource Hub contains Brexit-related news, links to industry reports and a calendar containing information on related events happening in London. Read more: James Dyson: No-deal Brexit 'will not change anything' The website [...]