“Less is more”: Is this the real reason the Bank of England hasn’t hiked interest rates? April 25, 2016 Have we all just been given an unusually candid insight into the mindset of the Bank of England's notoriously dovish monetary policy committee? An economist at the Bank has revealed that it has been offering its employees trendy mindfulness courses – and its mantra is "less is more". Is it a coincidence Mark Carney hasn't raised rates for almost three years? The [...]
Heathrow faces £16bn “gaping hole” to upgrade road and rail links to the airport if third runway gets approval April 24, 2016 Heathrow Airport would face a black hole in excess of £16bn to pay for enhancements to road and rail links to the airport should the third runway be given the green light, Transport for London (TfL) has warned. The total cost for the upgrades would stand at £18.4bn, TfL said, far more than the £2.2bn Heathrow estimated. [...]
No way in for the Inns: Barristers rise up against Cycle Superhighway street closure, saying it would put revenues from Hollywood film companies at risk April 20, 2016 Another day another planning battle – this time between the City of London Corporation and the Inns of Court. The Inns' top barristers and residents are on a war path after the one of the Corporation's sub-committee voted to shut down one of the main roads leading into their buildings to traffic – a move they claim will "create a [...]
Mount Anvil profits hit new record high as residential developer targets 1,000 new homes April 20, 2016 London property developer Mount Anvil posted a 25 per cent jump in pre-tax profits to reach a new record of £25m last year, after partnering with other developers to deliver nearly 500 new homes across the capital. The private company, which is redeveloping Keybridge tower in Vauxhall as well as Dollar Bay in the Isle of Dogs, said [...]
TfL names new Tube boss as Australian transport executive Mark Wild April 19, 2016 Transport for London has named an Australian transport executive as the new boss of the Tube. Mark Wild will join TfL in June, taking over from interim managing director Nick Brown. Wild is currently special adviser to the minister and secretary of the state government of Victoria. He was also chief executive of Public Transport Victoria, the [...]
Virgin London Marathon 2016: Here is everything you need to know including tips, weather forecast and elite runners April 18, 2016 It's that time of year again. Sunday 24 April will bring chaos, pain and hopefully an overwhelming sense of achievement as 35,000 runners line up to take part in the 2016 Virgin London Marathon. If it's your first race, or you're just a bit forgetful, here's everything you need to know to survive the 26.2m [...]
London Marathon 2016: What time it starts, where to watch, what the weather forecast is and the best pubs along the route April 18, 2016 Carb-loading, hamstring-stretching and thanking your lucky stars that you can actually have a lie in from next weekend onwards? Welcome to the London Marathon…. This weekend the capital will be over-taken by more than 35,000 runners (and more than a few walkers) looking to finish the 26.2m course. If you haven’t been sleeping, eating and [...]
How commuters are reacting to the Holborn Tube standing-only escalators April 18, 2016 This morning Transport for London began a full trial of its standing-only rule for escalators at Holborn Tube station. Instead of the usual system, where people who want to stand do so on the right hand side, leaving the left hand side free for those who want to walk up, commuters are being encouraged to [...]
Sadiq Khan’s policies would only make London’s housing crisis worse April 15, 2016 When Londoners go to the polls for the mayoral election on 5 May, there’s no doubt that the issue of housing will be at the top of many voters’ minds. Over half of Londoners now mention housing as one of the most important issues facing the capital – an increase of 13 percentage points compared [...]
Area guide: Wembley – house prices have risen by 10 per cent in the last year April 14, 2016 It may be the home of football, but Wembley’s also home to around 115,000 Londoners. And with its diverse housing stock and decent transport links, it could be your new home, too. Research from estate agent Hamptons International recorded a “surge” in transactions in Wembley last year, as hundreds of new build flats went on [...]