The Platinum Jubilee will be a moment to reflect on what makes us stronger together May 30, 2022 The eyes of the world will be on London this week as we prepare for the Platinum Jubilee – a truly historic occasion where the country will come together to celebrate Her Majesty’s extraordinary seventy years of service. Here in the City, a national service of thanksgiving at St Paul’s Cathedral and many other festivities [...]
Anchors away: Princess Yachts on the lookout for new owners May 27, 2022 City sources have suggested that Princess Yachts is up for sale as more and more Russian-owned luxury boats are seized by the government.
Around 4,000 people fined for not wearing masks on TfL network during pandemic May 27, 2022 Around 4,000 people were fined for not wearing a face covering on London’s transport network when it was compulsory due to Covid. According to City Hall data, 3,996 fixed penalty notices were issued between 24 February 2021 and 27 January 2022. Figures also showed that TfL staff prevented 7,283 people from travelling while forcing another [...]
Stagecoach strikes £20m deal to snap up Kelsian’s 150 buses in east London May 27, 2022 Stagecoach confirmed this morning it has sealed a £20m deal to buy Kelsian Group’s east London bus operations. The travel business said it has “entered into binding agreements” to purchase the operations, which also include a deport at Lea Interchange, for an initial £10m followed by £1m each year for 10 years after the move [...]
To understand what London needs, we should look at the history of spatial poverty May 27, 2022 In the “Republic”, Plato wrote that “any city, however small, is in fact divided into two, one the city of the poor, the other of the rich”. This still rings painfully true today, especially if the city in question is London. The capital is a uniquely unequal place: it hosts some incredibly wealthy people, as [...]
The City View: Victoria Scholar on Sunak’s windfall tax and Cowgill exit May 26, 2022 Today Andy Silvester talks to Victoria Scholar, Head of Investment at Interactive Investor. They go through Rishi Sunak’s unveiling of a windfall tax today, the Fed’s plans to hike rates by 50 basis points in June and July, Elon Musk’s painfully slow acquisition of Twitter, and JD Sports founder and CEO Peter Cowgill’s shock departure [...]
No point in having a state of the art transport system if our people can’t afford it May 26, 2022 This is a good month for trains in London. The Elizabeth Line finally opened on Tuesday, mostly to acclaim for its engineering and speed. The Northern Line works through Bank, which made north-south travel painfully difficult, ended punctually a week earlier. It’s briefly easy to forget the storm clouds gathering over public transport in London [...]
The Elizabeth Line is a new badge of honor in the fascinating history of our capital city May 25, 2022 London never stays still. Whether we’re trying to clean up our polluted air or bring our city closer together, transport has always been at the heart of change in our capital. Riding the Elizabeth Line on Monday before it opened to the public officially yesterday, I was struck by the ambition and vision of the [...]
London should have devolved powers to build infrastructure, says think tank May 25, 2022 London should have more freedom over how it raises and spends its money in order to deliver more world-class infrastructure, reckons the capital’s leading think-tank. Nick Bowes, chief executive at think tank Centre for London, believes the capital should have similar powers to global cities such as Paris, New York or Berlin. “It’s not obvious [...]
The City View: Crossrail finally arrives May 24, 2022 Today Andy Silvester talks to Adam Tyndall, Programme Director for Connectivity at London First. They talk all things Crossrail — from the first idea of an East-West railway in the 19th century, to the funding behind the Elizabeth Line, and to the future of London’s transport system. And in other news — Shell’s AGM was [...]