London’s last dance? Night czar Amy Lamé talks clubs facing lights out November 16, 2022 Night czar Amy Lamé talks to CityAM about London’s nightlife facing lights out, the capital as a 24 hour city and feeling like a pandemic scapegoat. “Gosh, how long have you got?” Lamé says with a laugh, when asked what the biggest challenge facing London’s night time economy is currently, in a bustling Soho coffee [...]
British Land portfolio value dwindles as economic downturn weighs on real estate November 16, 2022 British Land, one of the largest property trusts in the UK, has had its portfolio value dwindle in the past six months as the economic downturn weighs on real estate. The London-listed group reported underlying profit growth of more than 13 per cent to £136m. However, its portfolio value sank three per cent, dragged by [...]
Great British Railways’ creation to take place before next election November 15, 2022 The creation of new rail body Great British Railways continues to drag on, as the legislation will now be tabled before the next general election. Just last month then-transport secretary Anne Marie Trevelyan said GBR would be postponed to the next parliamentary session as the current energy and financial crisis took over the government’s agenda. [...]
UK well ahead of EV adoption curve but charging concerns threaten uptake November 15, 2022 The UK remains well ahead of the Climate Change Committee’s electric vehicle (EV) adoption curve but charging concerns threaten future uptake. Data published today by Volkswagen Financial Services UK showed that the UK is ahead by more than 150,000 units when it comes to the rate at which EV adoption must increase for the UK [...]
Deep dive with DreamWorks’ former CTO: ‘Forget social media, the Metaverse tracks people much more intimately’ November 12, 2022 The novel Snow Crash has had the privilege of coining a term that would later become one of the most important words of the 21st century: metaverse. Google search trend data for the term shows an explosion from relative obscurity with a search volume score of 4/100 in early October 2021, to an all-time global high by search [...]
Rail strikes ‘cost £500m to the economy’ as Nightcap boss says action ‘decimating’ bars November 10, 2022 Ongoing railway strikes have cost the UK economy £500m this year, with businesses pleading with unions and bosses to find a solution to the disruption. “If we don’t get the services restored I’m worried people will give up on rail,” newly-appointed rail minister Huw Merriman told the Railway Industry Association’s conference on Thursday. “That would [...]
Train drivers at 12 operating firms to strike on 26 November November 10, 2022 Train drivers at 12 operating firms including the London Overground will strike on 26 November. The industrial action was announced by Aslef union members in a long-running dispute over pay. This comes as London tube workers walked out today bringing the London Underground to a grinding halt. ASLEF members at 12 companies will walk out [...]
WH Smith swings back to profit as retailer eyes global expansion November 10, 2022 WH Smith is back in the black after footfall to airports and railway stations returned this year, following the opening up of society post-Covid. The high street staple posted group profit before tax of £63m for the year to the end of August, compared to a loss of £116m it booked the year previously. WH [...]
Here we go again: Capital grinds to a halt as tube strike hits millions of Londoners TODAY November 10, 2022 Another tube strike by transport workers today will mean very limited services on most lines, with millions of Londoners to be hit by travel chaos. Passengers are urged to check before travelling today and tomorrow morning, when services are also expected to be affected by the strike. Members of the Rail, Maritime and Transport union [...]
‘Too weak’: Sadiq Khan slammed over Tube strike TODAY November 10, 2022 Greater London Authority’s Conservatives have blamed mayor Sadiq Khan for today’s Tube strike. “Londoners are facing yet another disruptive strike under Sadiq Khan’s watch, despite his broken promise of zero strikes,” GLA transport spokesperson Nick Rogers said yesterday “Militant unions are striking because they know Sadiq Khan is too weak to stand up to them [...]