Oxford Street pedestrianisation plans scrapped by Westminster Council June 7, 2018 Plans for pedestrianisation of Oxford Street have effectively been scrapped by Westminster Council this evening. In a letter sent round to residents, Westminster council leader Nickie Aiken said there was a "strong democratic mandate" that the scheme was not backed by residents. "As a result, Westminster City Council has taken the pedestrianisation of Oxford Street [...]
Virgin Hyperloop One is expected to launch in London within the next 10 years, but its progress is being hindered by Brexit and HS2 June 5, 2018 London is set to be getting its own Virgin Hyperloop One system between the capital and major UK cities within the next ten years, pending regulatory approvals, but Brexit and HS2 have been its biggest delays, City A.M. has learned. Two Hyperloop London destinations that are in the works are routes to Manchester and Edinburgh, [...]
Mayor Sadiq Khan launches severance pay review after Transport for London (TfL) reveals £51m staff payouts May 31, 2018 London mayor Sadiq Khan has launched a review into senior staff severance pay as Transport for London (TfL) newly published annual report reveals over £50m being spent on departing staff over the past year. The transport body paid 224 people one-off voluntary severance payments that took their total remuneration above £100,000 for the last financial [...]
Contactless payments for London buskers to be launched by Izettle and Sadiq Khan May 28, 2018 In what is posed as a world-first, a contactless payments scheme for busking performers is to be rolled out across the streets of London. Backed by the Mayor of London’s office and powered by fintech commerce firm Izettle, performers in London will soon to be able to receive tips and payments for merchandise via contactless [...]
Property prices in Croydon, who is buy and more May 25, 2018 There was a time when Croydon was famous for three things; Kate Moss, trams and Mark and Jez’s dingy flat in Peep Show. Thankfully, its reputation – and its housing stock – have improved since then and it’s now notable for a whole host of other reasons. “In recent years, Croydon has seen a reversal [...]
Mayor Sadiq Khan backs TfL working on delivering a hyperloop proposal for London May 24, 2018 Sadiq Khan has said he would back proposals for a hyperloop system in the capital, and that Transport for London (TfL) would be ready to help deliver the plans. London’s transport body does not intend to develop proposals itself at present, but the mayor said he is keeping tabs on developments, and TfL will “of [...]
Uber sets up new tech hub in Paris focusing on artificial intelligence and flying taxis May 24, 2018 Uber’s flying taxi plans are well and truly taking off. The company announced this morning that it will be building a new advanced technologies centre in Paris for research focused on its flying taxi Uber Elevate project. The research and development hub will be its first outside of North America, and over the next five [...]
Standard Chartered has fired a young City banker after he was revealed as a leading member of far-right political group May 23, 2018 Standard Chartered has fired a junior banker after he was exposed as the head of the UK branch of a far-right political group. Twenty-three year old Tom Dupre leads the UK branch of Generation Identity – a group which aims to “preserve our peoples’ ethno-cultural identity” and laments the “great replacement” of European people. The [...]
Uber to offer drivers medical cover and maternity pay as it gears up for court hearing on its future in London May 23, 2018 Uber is introducing a number of protections for its European drivers including sickness, and maternity and paternity payments, as it gears up for a crunch decision on its future in London. The company lost its licence to operate in the capital last September with Transport for London (TfL) ruling it not fit and proper to [...]
Don’t listen to the naysayers: Sadiq Khan is the mayor for a modern London | City A.M. May 22, 2018 Two years ago, Londoners chose hope over fear and unity over division by electing Sadiq Khan as our mayor of London – rejecting a Conservative campaign that was the nastiest and most divisive in living memory. It was a remarkable statement of our values as a city and of our commitment to unity, tolerance, respect [...]