FTSE 100 Live: City stocks rally after tech sell-off; Iran threatens ‘forceful response’ over Strait of Hormuz
New Year 2018: London mayor Sadiq Khan applauds the resilience of Londoners in New Year message December 30, 2017 Sadiq Khan has praised the “generosity of Londoners” in a New Year message today. Reflecting on the terrorists attacks which rocked the capital in 2017, the London mayor highlighted the bravery of the emergency services. Read more: Johnson: Terrorism not the result of British “folly” in Middle East “A true test of character is how [...]
Old Oak Common: West London could get two new London Overground stations at Old Oak Common and Hythe Road December 22, 2017 Transport for London (TfL) says it has received overwhelming support for two new London Overground stations in West London. The two new stations, at Hythe Road and Old Oak Common Lane in Park Royal, will be part of the massive regeneration of Old Oak Common, at the heart of which will be an interchange between [...]
WWE chief Vince McMahon sells £75m worth of shares in wrestling company to fund new American football league December 22, 2017 WWE chief Vince McMahon has sold £75m worth of shares in the wrestling entertainment company to fund the creation of a new American football league. Filings with the U.S. Securities and Exchange Commission revealed McMahon sold 3.34m shares in WWE which will be used to fund a separate company – Alpha Entertainment – that is [...]
Christmas comes early for Boris bikes (Santander cycles) as they race through annual hire record December 22, 2017 London’s Santander Cycles, more commonly known to most in the city as Boris bikes, will pedal into the new year with a new record under their seat. Statistics from from Transport for London (TfL) have revealed the communal bikes have raced through annual hire records, with more than 10.3m journeys made on them so far [...]
Londoners’ council tax is rising as Sadiq Khan pushes up funding for police and fire brigade December 21, 2017 Londoners are facing increased council tax bills after Sadiq Khan said he had “no choice” but to raise rates after government cuts. Khan said he planned to increase his share of council tax by 27p a week, the maximum allowed by the government, from April next year. That will mean a 5.1 per cent rise, [...]
Crossrail 2 faces timing crunch as government plans independent funding and financing review December 20, 2017 The planned timeline for Crossrail 2 could be pushed off track by a fresh funding hurdle as the Department for Transport (DfT) plans an independent financing review for the £31bn project. London mayor Sadiq Khan met transport secretary Chris Grayling this month for further talks regarding the railway which would serve stations throughout the south [...]
Oxford Street businesses are up in arms over the road’s planned pedestrianisation December 19, 2017 Thought that businesses and residents would be happy about the plan to turn Oxford Street into a car-free zone? Apparently not, as groups in the area have launched a protest against the mooted pedestrianisation. Banning cars and buses from the infamous shopping district will lead to more pollution and gridlocked local roads, according to local [...]
Crossrail coming: The new Tube map featuring the Elizabeth Line has been revealed with a year to go | City A.M. December 19, 2017 With a year to go until the big start of Elizabeth Line services and opening of 10 new London stations, Transport for London (TfL) has unveiled a new December 2018 Tube map featuring the Elizabeth Line. The Crossrail project is nearing the final stages of construction and the Elizabeth Line, as it will be known [...]
London mayor Sadiq Khan taken to task for more than doubling Night Czar Amy Lamé’s pay December 14, 2017 Sadiq Khan was taken to task today for doubling the pay of his Night Czar Amy Lamé, even though she is yet to meet with all of the London boroughs. The mayor was quizzed this afternoon by London Assembly member Susan Hall, who said Lamé had only met with 18 of the 32 London boroughs [...]
Sadiq Khan promises to lobby for City access to Single Market in his economic strategy December 13, 2017 Sadiq Khan launched his strategy for growing London’s business today, promising to lobby for Single Market access on behalf of City firms. Khan has pledged to protect office spaces in London, and intends to improve the capital’s digital infrastructure, focusing on areas where there is no internet connection. He has also committed to lobby the [...]