British Land sells off £694m stake in Paddington Central to Singapore state-fund April 25, 2022 British Land has sold off a majority stake in its London Paddington Central assets to Singaporean sovereign wealth fund GIC. The London-headquartered firm, one of the largest property developers in the UK, will wrap up its majority ownership over the next three months, British Land confirmed in a regulatory filing today. The state-backed fund will [...]
A rising tide lifts all boats, and London is providing the most obvious bouyancy April 22, 2022 It might be too much to expect a thank you from the rest of the country – but London and the south east can be entitled to feel a little hard done by our polling of the rest of the country’s attitude towards the region’s economic input. Those who have made their lives in the [...]
Exclusive: Six-in-ten Brits want to level down London April 21, 2022 Almost six-in-ten Brits want to level down London by shuffling jobs and government funding from the capital to the rest of the UK, according to new polling. Polling by BMG Research, and commissioned by City A.M., shows 25 per cent of people strongly support reducing “funding, jobs and opportunities” in London to “increase them in [...]
New review will consider allowing black cabs through City’s Bank junction 24/7 April 21, 2022 The City of London Corporation will launch a review into whether it should lift restrictions on black cabs and other drivers crossing through Bank junction on weekdays. Only buses, cyclists and pedestrians have been allowed on the busy Square Mile junction from 7am to 7pm on weekdays since 2017. The local authority’s Court of Common [...]
Number of EV public chargers goes up but industry calls for more rapid ones April 21, 2022 The number of electric vehicle (EV) public chargers has gone on January levels, according to Department for Transport’s (DfT) latest data. Figures published today revealed that as of 1 April, there were 30,290 EV public chargers across the country, with 5,494 being rapid ones. The number of both normal and rapid ones increased by 7 [...]
Coastguard inspects another two P&O ships as company hopes to set sail soon April 21, 2022 The Maritime and Coastguard Agency (MCA) announced today it was inspecting another two of P&O’s ships as the company hopes to resume normal operations soon. MCA agents said they were inspecting the European Highlander, which operates on Northern Ireland to Scotland routes, and the Norbay, which serves Liverpool to Dublin. “Our surveyors are carrying out [...]
TfL workers to vote for strike action amid pension feud April 21, 2022 Transport for London (TfL) and London Underground workers are expected to vote whether to go on strike over pension cuts. Members of the union Unite accused TfL of cutting their pensions and putting an end to the final salary scheme – which bases the amount workers receive as pension on the salary they earned when [...]
City of London Corp to decide whether to let black cabs back to Bank junction April 21, 2022 A motion to allow black cabs to cross through Bank junction 24/7 will be reviewed by the City of London Corporation today. Under the local authority’s current rules, only buses and cyclists are allowed to cross the busy City junction between 7am and 7pm on weekdays. A motion brought forward by alderman Tim Hailes, and [...]
London could be revolutionised with an Oyster-card system for drivers in the capital April 21, 2022 Not since the advent of the motorcar a century ago have London’s roads undergone such rapid change. Some of this is driven by technology – electric cars, e-bikes, e-scooters – and some by policy changes to tackle the city’s carbon emissions.The latest is the Mayor of London plan to expand the Ultra Low Emission Zone [...]
Number of passengers reported for ‘intrusive staring’ on tube goes up following TfL campaign April 20, 2022 The number of passengers reported for “intrusive staring” on the tube network has gone up following a Transport for London (TfL) campaign. Aiming to root out the sexual harassment faced by women on the network, the campaign invites people to report also “intrusive staring of a sexual nature”, as it is considered “sexual harassment.” “It’s [...]