Ealing and Woolwich among Elizabeth line winners as house prices surge May 26, 2023 Boroughs located along the Elizabeth Line have seen a surge in house prices as the new line cuts City commuter times from areas like Ealing and Woolwich. As London battles a lack of supply, the quick transport links introduced by Crossrail have seen the price of homes in Ealing Broadway rise nine per cent in [...]
City Pages: The five new books on our radar this month May 25, 2023 From hacking bears to scandal in Westminster, here's what we've been reading at City A.M. this month.
Ukraine minister Oleksandr Gryban on how private investment can help rebuild the country May 25, 2023 Midway through last year, Ukrainian president Volodomyr Zelenskyy tabled a proposal to his finance lieutenants. Government support, both domestic and international, was flowing into the economy but the scale of economic damage wrought by Russia’s invasion needed a bigger remedy. The country needed an initiative to trigger the interest of the private sector: Advantage Ukraine was born.
The Elizabeth Line anniversary is a reminder of what London and other cities can achieve with the right kind of investment May 24, 2023 The Elizabeth Line, a clamorous success, was enabled by investment from the national government, but mainly from London's government and businesses. It's a model we should replicate, writes John Dickie
Excel boss says Elizabeth Line has been ‘transformational’ for City’s events industry May 24, 2023 The chief executive of London’s largest events venue, the Excel, has hailed the Elizabeth Line today as “transformational for the city’s events industry” as the high-speed route marks its first anniversary. Jeremy Rees, the boss of the Royal Docks site, said the rail route has led to a boom in visitor numbers, with the Excel [...]
London ‘busier and busier’ as return to office gathers pace – but demand for flexible working remains May 24, 2023 Great Portland Estates, a leading landlord in office space said London has got “busier and busier,” but noted that it does not expect the the recovery of offices in the capital to be “uniform” as a demand for flexible working and best space remains. Throughout the year, the property firm recorded £55.5m of leasing, as [...]
Hybrid working: Khan must do more to get workers back to the city centre, says new report May 24, 2023 London’s mayor Sadiq Khan must do more to encourage workers back into the office in order to avoid a productivity slump and “unintended economic impact,” says a new report today. The report – authored by the Centre for Cities think tank – urged the government and mayor of London to reduce cost-barriers for commuters using [...]
Britain can respond to Joe Biden’s $369bn of green subsidies by playing to our strengths May 23, 2023 The UK's response to hundreds of billions of dollars of green subsidies from Joe Biden must boost the strength of our role as a leader in financial services, writes Constantin Cotzias
Elizabeth Line: London can enjoy strike free half term as industrial action on route binned May 23, 2023 Elizabeth Line strikes will no longer take place on 27 May, marking the end of planned half-term industrial action for London’s busiest route as it marks its first anniversary. Eighty percent of TSSA members voted to accept the latest pay offer, which the union says addressed their main concerns. As a result, the planned ‘Action [...]
Even Biden’s green subsidies can’t solve the climate crisis without private money May 22, 2023 Addressing the impacts of climate change, and making ourselves resilient to them, requires even more than what governments are able to offer, writes Nicholas Lyons.