The Influence of e-bikes on ESG policies March 24, 2023 How e-bikes can and should be part of the drive towards better corporate ESG policiesWith environmental, social and governance (ESG) issues now placed at the forefront of manycorporate agendas, it is easy to be sceptical about the actual actions taken forward versus publiclyvoiced sustainable intentions. At times it has felt like many have addressed what [...]
Explainer: The cost of transport in London is higher than any other major city March 24, 2023 If you live in London, you will have noticed public transport costs have gone up. And by quite a big chunk – from the 5th of March TfL fares went up by an average of 5.9 per cent. This makes the UK the country with the most expensive public transport in the world, according to [...]
E-bikes as a means for change March 24, 2023 With budgets being squeezed tight, the tube becoming ever more crowded and unreliable, and gym membership prices continuing to rise, there has never been a better time to join the e-bike revolution. The renewed drive to bring workers back into the city has pushed London’s previously stretched public transport facilities beyond comfortable capacity, with crowding [...]
London loves Thursday! 3.3m use Tube in return to (co-working) office – and the pub March 24, 2023 Thursday is now the most popular day for London workers to head into the office – with over 3.3m jumping on the tube to join colleagues for after work drinks. According to the latest ridership from TFL and WeWork shared exclusively with City A.M, Thursday is now the most popular weekday to travel on the [...]
London proves Brexit doubters wrong to clinch Europe finance crown March 23, 2023 London has again clinched Europe’s financial centre crown, beating back glum predictions that Brexit would knock the capital’s competitiveness on the global stage, a new index out today reveals. The capital scored well across think tank Z/Yen’s 33rd Global Financial Centres Index (GFCI), helping to to retain the top spot in Europe. London’s access to [...]
TfL budget to cover costs but Londoners still set for fares hikes March 23, 2023 Transport for London (TfL) has said its latest budget will allow it to cover its operating costs, as fare rises continue to hit Londoners’ pockets with a four per cent rise set for next year. London’s transport network will achieve an overall operating surplus of £79m, its 2023/24 financial statement revealed, which it wants to [...]
37 per cent of flights delayed last year – but London’s Heathrow, Gatwick and Luton airports not worst offenders March 22, 2023 More than a third of flights to and from UK airports last year were delayed, new figures show. The Civil Aviation Authority (CAA) said an “unacceptable” 37 per cent of flights were at least 15 minutes late in 2022. That is up from 17 per cent in both of the preceding two years and 25 [...]
Going green: Harvest London set to build ‘vertical farm’ in the Croydon suburbs March 20, 2023 A LISTED investment manager has injected funds into vertical farming firm Harvest London to build a cutting-edge site near Croydon. Harvest has built two farms in the capital so far and partnered with brands including Pizza Pilgrims to deliver locally-grown produce with minimal environmental impact. Harvest has secured investment from Foresight to build a 140,000 [...]
RMT: Rail union workers accept pay offer as end of strikes on horizon March 20, 2023 Members of the RMT in Network Rail have voted overwhelmingly to accept an offer to end the long-running dispute over pay, jobs and conditions. In a turnout of nearly 90%, members voted by 76% to 24% in favour, signalling an end to the bitter row, which led to a series of strikes in recent months. [...]
On the right track? Beleaguered train operator Avanti gets contract extension March 20, 2023 Train operator Avanti West Coast has been handed a short-term contract extension by the Department for Transport (DfT), the FirstGroup-owned company said. The operator has struggled with reliability and punctuality during parts of the past year. Its contract was due to expire at the end of March but has been extended until October 15. FirstGroup [...]