TfL board to meets next week to decide long-term funding deal August 24, 2022 Transport for London’s (TfL) board is set to meet next Tuesday to discuss the government’s long-term funding deal. TfL has confirmed the meeting will take place next week, but it remains unclear whether the board will accept the proposal made by transport secretary Grant Shapps on 22 July. The public body has been locked in [...]
1,000 new public EV chargers get £20m boost for UK-wide for roll-out August 24, 2022 The UK Government and industry have pledged over £20m for the roll-out of 1,000 new public electric vehicle (EV) chargers across England. The Local EV Infrastructure pilot scheme has received £10m as part of the government’s £450m EV charging strategy for local authorities, which aims to increase the number of public EV infrastructure by a [...]
Crossrail bosses to advise Israel on building £33bn Tel Aviv metro August 24, 2022 Bosses of Crossrail are to advise on a new state-of-the-art £33bn metro system for the Israeli city of Tel Aviv. Transport secretary Grant Shapps is in Israel this week and has met his counterpart, agreeing the deal as part of a post-Brexit memorandum of understanding signed earlier in the summer. This comes after the completion [...]
Europe’s gas crisis: what does it mean for investors? August 23, 2022 Europe faces high gas prices and potential shortages as supply from Russia dwindles. We ask our investment experts what this means for companies, the energy transition, and the eurozone economy. Europe’s precarious gas supply situation has been a prime focus for markets ever since Russia’s invasion of Ukraine at the end of February. The European [...]
Tube strike brings London to a standstill as Uber raises prices due to increased demand August 19, 2022 London has been paralysed by a strike from workers on the Underground, Overground and bus service, as private hire taxi services like Uber and Bolt raise prices due to increased demand. All London Underground lines are closed on Friday 19 August following a walk-out called by around 10,000 members of the RMT Union on the [...]
Cruise review, Apollo Theatre: As fresh and relevant as It’s A Sin August 18, 2022 Cruise is one of only a handful of West End openings this August, so thank goodness it’s a hit. A lucky few were already privy to how good Cruise is, with the show making headlines in May 2021 when it opened as the first post-pandemic West End production. “I knew that a solo show would [...]
Opinion-in-brief: Leave cyclists out of your culture wars August 18, 2022 This government is a small state government, Conservatives tell us. People don’t like it when politicians intrude too much in their life choices, they say. Yet Transport Secretary Grant Shapps thinks there’s one area where it is worth intervening: the dangerous, unruly lycra-clad cyclist community. He called for speed limits in residential areas, and insurance [...]
As UK faces three days of crippling train strikes Grant Shapps reveals 16-point plan August 18, 2022 Transport secretary Grant Shapps has unveiled a 16-point plan in a bid to tackle ‘Luddite’ unions, as industrial action brings the UK to a standstill. The announcement comes as 40,000 rail workers in the RMT and TSSA unions walk out on Thursday bringing much of the UK rail network to a grinding halt. A second [...]
London set for private equity takeover frenzy as market settles August 17, 2022 London is set for a flurry of takeover deals as flush-with-cash private equity firms put money to use as market turbulence begins to settle, analysts have said.
Just 20 per cent of rail network to operate on Thursday and Saturday as UK braces for next wave of strikes August 17, 2022 A fifth of rail services running on half of the network will be running on Thursday and Saturday, as industrial action is set to bring the country to a grinding halt. Network Rail has advised commuters to not use trains unless absolutely necessary, with limited services available for much of the country. This comes after [...]