Transport for London debt downgraded by ratings agency due to “uncertain” financial future May 9, 2022 A MAJOR ratings agency has downgraded Transport for London’s (TfL) debt due to the “uncertainty” of its long-term funding, in a further sign of the financial difficulty the operator finds itself in. Moody’s announced it had downgraded TfL’s long-term debt as a result of weaker economic growth and higher inflation delaying the service’s return to [...]
Audit giant Mazars ups size of London offices with new City premises next to Old Bailey court May 9, 2022 French auditor Mazars is set to move into new City of London premises after setting out plans to expand the size of its office space by 10 per cent. The accountancy firm is set to move from its current offices in Tower Bridge House to new, larger City of London premises at 30 Old Bailey. [...]
An A-Z of sustainability terms for investors May 9, 2022 Sustainability, once a fringe consideration, has become core for many investors. Impacts on the planet – such as climate change and biodiversity loss – and on people – for example through the treatment of workers – are in the news every day. We believe companies and countries that adapt to such issues and challenges should thrive. [...]
London cabbies need to give up an antiquated system holding our economy back May 9, 2022 Have you tried to get an Uber in central London recently, and, upon seeing the price just thought “may as well get a black cab”? At least that way, you skip the hassle of trying to find your designated Toyota Prius and can simply hail a driver from the street. But the cost and expense [...]
Sadiq Khan: London must make ’the most of Brexit’ and attract US talent and investment May 9, 2022 SADIQ Khan said London “needed to make the most of Brexit” as he met with big business leaders in the US yesterday. The Mayor of London is in New York as part of the first leg of his trip to the US in a bid to drive tourism to the capital. He said yesterday his [...]
Nibbling away at making us snack more healthily May 6, 2022 The most successful businesses, sports teams and organisations always try to improve from a position of strength. That’s the case with unique small business Healthy Nibbles, the UK’s first healthy snacks vending company founded by Sara Roberts in Edinburgh in 2013 which began trading two years later. Healthy Nibbles has had a meteoric rise, BCorp [...]
Most Londoners worried about TfL while third support extra road charges to save it from financial ‘black hole’ May 5, 2022 Most Londoners are worried about Transport for London’s (TfL) financial future, while a third support extra road charges as a way to save it from a £1.5bn financial “black hole.” According to a survey published yesterday by think tank Centre for London, 69 per cent of Londoners are worried about the financial future of TfL, [...]
D-Day for Boris Johnson and Keir Starmer as polls are now open: All you need to know about the 2022 local elections May 5, 2022 Millions of Brits around the country will go to the polls todayfor the 2022 local elections. Voters will be choosing local representatives in England, Scotland and Wales and there will also be an election for the Northern Ireland Assembly. Polling stations have just opened and close at 10pm. When will the results be announced? After [...]
Crossrail is (almost) complete but the battle for TfL funding is far from over May 4, 2022 The ‘Lizzie Line’ is good news for London – but it might be the last for a while without a funding settlement for the transport network It says something that the relationship between London’s mayoral leadership and Westminster is now so toxic that both sides are attempting to claim credit for a project three years [...]
Furious row erupts between Sadiq Khan and Grant Shapps over Crossrail announcement May 4, 2022 A furious row has broken out between the Mayor of London and the transport secretary over today’s announcement that Crossrail will open on 24 May. Grant Shapps MP referred Sadiq Khan to the Electoral Commission accusing him of “breathtaking political cynicism”, according to the Telegraph. This comes after it was announced this morning the Elizabeth [...]