Black British Business Awards announces 2020 winners October 31, 2020 The Black British Business Awards has announced its 2020 winners, who have been awarded for their outstanding business talent. The award recognises rising stars and leaders across industries, including financial services and professional services. Segun Osuntokun, managing partner at law firm Bryan Cave Leighton Paisner in London has been named Business Person of the Year [...]
Waterloo and City line closure set to continue indefinitely October 30, 2020 No date has yet been set for the Waterloo and City tube line to be reopened, London Mayor Sadiq Khan has said. The route – London’s second-most intensively used after the Victoria line – has been closed since lockdown began in March. In answer to a question from Assembly Member Caroline Pidgeon, Khan said that [...]
FSB: banks must ‘step up’ support for new Bounce Back Loan applications October 30, 2020 The Federation of Small Businesses (FSB) has called for the government to introduce further support measures and for banks to “step up” to ensure small businesses can access the financing they need. The organisation said it was “particularly concerned” by the number of small businesses that were struggling to access government-backed Bounce Back Loans (BBLs) [...]
Exclusive: Transport for London aware of Croydon tram fatigue problem two years before deadly crash October 29, 2020 Transport for London (TfL) officials were told of concerns about driver fatigue on the Croydon tram network two years before a fatal crash which killed seven people – believed to have been caused by a driver falling asleep. An independent audit of the Croydon Tramlink carried out in March 2014 and seen by City A.M. [...]
Shaun Bailey accuses Sadiq Khan of wasting nearly £10bn of TfL cash October 29, 2020 Conservative London mayoral candidate Shaun Bailey has today accused Mayor Sadiq Khan of wasting nearly £9.6bn in Transport for London (TfL) finances since 2016. According to Bailey, the failure to deliver the Crossrail rail link on time has cost £5.2bn, while pensions have drained £828m from TfL’s finances over the period. A freeze of Tube [...]
DEBATE: Is Sadiq Khan right to refuse to expand London’s congestion charge zone? October 28, 2020 Is Sadiq Khan right to refuse to expand London’s congestion charge zone? JOIN THE DEBATE Wes Streeting, Labour MP for Ilford North, says YES When Boris Johnson was mayor of London he promised Londoners: “I am not going to be having any more congestion charges”. Yet now, his government is trying to force exactly that [...]
City of London demands answers on reopening of Waterloo and City Line October 27, 2020 The City of London’s policy chair has written to Transport for London’s commissioner seeking clarity on when the Waterloo and City Tube line will be reopened. The line – which travels directly between Bank and Waterloo stations – was closed when the country was put into the initial coronavirus lockdown in March and is the [...]
Flying is at the same risk level for catching Covid as visiting the supermarket, Harvard research finds October 27, 2020 A new report from Harvard researchers found the risks of catching Covid-19 during a flight are similar or lower than going to the supermarket – if you wear a mask
Shaun Bailey vows to restore free travel for pensioners in London mayor bid October 27, 2020 London mayor candidate Shaun Bailey has vowed to restore the Freedom Pass if elected as Sadiq Khan’s replacement in the 2021 mayoral election. The Conservative party candidate told City A.M. he has pledged to reinstate free travel for people over the age of 66, after it was suspended in June as the coronavirus crisis crippled [...]
Driverless Tube trains would cost £7bn, report shows October 27, 2020 A leaked document has shown that it would cost £7bn to introduce driverless trains onto London’s Tube network. Automating trains on the capital’s underground network is a pet project of PM Boris Johnson, who has pushed for progress on the development. Back in July, he said that driverless Tube trains should be a condition of [...]