London Underground workers to STRIKE at end of July – here’s all you need to know July 7, 2023 London Underground workers are to take industrial action in a long-running dispute over jobs, pensions and conditions. The Rail, Maritime and Transport union (RMT) said its members will take strike action from July 23 to 28. The RMT said there will be no strike on Monday July 24, while workers in different grades will take action on each of [...]
Government has no idea what it is trying to achieve with ‘floundering’ HS2 Euston project, MPs warn July 7, 2023 MPs have slammed the government’s handling of a “floundering” HS2 Euston project this morning, amid mounting criticism over the scheme’s soaring costs and ongoing delays. In a highly critical report, the Public Accounts Committee (PAC) called on the Department for Transport (DfT) to “finally establish” its plans for the station against what it is willing [...]
Sadiq Khan lacks legal authority for ULEZ expansion, court told July 4, 2023 The mayor of London Sadiq Khan lacks the legal authority to expand the Ultra-Low Emission Zone (ULEZ), five Conservative councils told London’s High Court this morning, marking the beginning of a two-day judicial review hearing. Represented by Craig Howell Williams KC – Bexley, Bromley, Harrow, Hillingdon and Surrey – are challenging the mayor over the [...]
Cleverly hails ‘close and friendly’ UK-EU ties after Brexit in landmark Brussels speech July 3, 2023 James Cleverly hailed the “close and friendly” cooperation between London and Brussels in a speech to EU parliamentarians. The foreign secretary said the “level of trust” between him and European Commission diplomat Maros Sefcovic was part of the reason the Windsor Framework was secured. He accepted that it had taken “slightly longer” than many would [...]
ULEZ: Sadiq Khan to face High Court showdown this week over divisive policy July 3, 2023 Sadiq Khan faces a High Court showdown this week over his plans to expand the Ultra Low Emission Zone (ULEZ) to most of Greater London by the end of the summer. A coalition of Conservative-led councils opposed to ULEZ claim that the mayor has acted unlawfully while attempting to expand the controversial scheme. The court [...]
Tube journeys regularly hitting over 80 per cent of pre-pandemic levels as commuting rebounds July 3, 2023 Weekday tube and bus journeys are regularly hitting over 80 per cent of pre-pandemic levels and often exceed 2019 footfall figures on the weekend, according to Transport for London’s chief operating officer Glynn Barton. The most recent week of TfL tube data shared with City A.M. shows tube trips reached over 80 per cent of [...]
London life back on top as country homes drop in price July 3, 2023 Soaring interest rates have softened the prices of luxury homes outside of London, according to new data, in a signal that the ‘move to the country’ trend fuelled by the pandemic is showing signs of slowing. The average value of luxury homes across UK markets outside of London – broadly the top five per cent [...]
Britain must meet £100bn target to unblock offshore wind supply chain bottleneck June 29, 2023 Britain risks failing to to meet its offshore wind ambitions, unless the industry is able to invest more in manufacturing and supply chains.
Bank of England’s Tenreyro warns more interest rate hikes risks pushing inflation below target June 27, 2023 A Bank of England official has said raising interest rates too aggressively could push inflation below the central bank’s target over the coming years. Departing monetary policy committee (MPC) member and professor at the London School of Economics Silvana Tenreyro today said tightening borrowing costs in an economy that is undergoing a severe external energy [...]
London Overground ties up two year extension with train operator Arriva June 27, 2023 London Overground will be operated by Arriva for another two years, as its seven-and-a-half year contract was extended this morning. The train operator has run the capital’s transport network since 2016, with it now set to continue until May 2026. It was not made clear how much the extension is worth. This comes as the UK’s [...]