London backed to retain world-beating status as city for opportunity after Brexit September 7, 2016 London has retained its status as the world’s greatest city for opportunity, and will hold on to the top spot if it seizes the chances presented by Brexit, according to an in-depth study published this morning. For the second year running, London beat the likes of New York, Beijing, Singapore and Tokyo, to top a global [...]
City passporting rights must be at the top of the government agenda on Brexit talks, according to an influential think tank September 7, 2016 City passporting rights must become the government's first priority following Brexit, according to an influential think tank, which also argues that London can remain Europe's leading financial services centre. A paper from the Margaret Thatcher founded Centre for Policy Studies today argues that while Brexit will bring challenges for the UK's financial services industry, it [...]
Sadiq Khan approved a new 10,000 home development in Barking, but it will only include 35 per cent affordable properties at the outset September 6, 2016 London mayor Sadiq Khan has handed approval to a new development of 10,000 new homes on the northern banks of the River Thames. Khan offcially backed the plans for Barking Riverside, a 180-hectare brownfield site, the largest single regeneration project in London, previously home to three power stations and landfill. The site will be owned [...]
Berkeley Group just had a massive rant about London’s housing crisis, saying it “poses a risk to deficit reduction” September 6, 2016 Housebuilder Berkeley Group had made its feelings on London's housing crisis very clear this morning, slamming government housing policy and saying the problems "pose a risk to deficit reduction". Berkeley Group said this morning: "What is increasingly clear is that government policy, which has been helpful outside London, has had a negative effect on the [...]
Lloyd’s chair John Nelson has issued a warning to Theresa May, demanding a cohesive government approach to Brexit September 5, 2016 The chairman of Lloyd's of London has issued a warning to Theresa May over Brexit, demanding a cohesive government approach. Speaking at the Lloyd's City Dinner tonight, John Nelson said: "If we are not able to access the single market, either through passporting rights or other means, the inevitable consequences for Lloyd's – and indeed other [...]
The London option: Britain’s EU deal must guarantee our city’s business pre-eminence September 5, 2016 In my last piece for City A.M., just 10 days after the referendum, I said that, by working together, we can keep London open for business and leading in the world. Over the past nine weeks, I’ve been meeting as many business leaders as possible, across all sectors, from startups to global corporations. Sadiq Khan and I [...]
Three at 3: The three stories you need to read right now September 5, 2016 It’s Monday afternoon – need we say say more? So why bother trawling the internet for something to read? We’ve done the legwork for you, and put together the top three stories of the day in bite-sized form, just to make your life that bit easier. Check out our three at three. More travel for [...]
Mayor of London Sadiq Khan announces new bus ‘Hopper’ ticket will launch next Monday 12 September September 5, 2016 London commuters will get more bang for their bus tickets from next Monday onwards, when the new 'hopper' bus fare system is launched. From Monday 12 September, passengers will be able to change onto another bus or tram for free within one hour of touching in at the start of their journey. It will be automatically given [...]
Four improvements which need to happen before Oxford Street can be pedestrianised September 5, 2016 Sadiq Khan is under pressure to remove buses from Oxford Street to clear the way for happy shoppers – but before Oxford Street is pedestrianised there are a lot more changes the London Assembly have in mind. The London Assembly's Transport Committee wrote to Sadiq Khan today, suggesting ways to help the pedestrianisation of the street happen. Here are [...]
London mayor Sadiq Khan must axe “empty” Oxford Street buses to push ahead with pedestrianisation September 5, 2016 Plans to ban vehicles from Oxford Street must begin with a dramatic reduction in “empty” bus services through the crowded area, according to the London Assemby's transport committee. London mayor Sadiq Khan has made pedestrianisation of Oxford Street a key part of his mayoralty, and his hoping to complete the project by 2020. However, critics [...]