TfL grants Uber 30-month licence to operate in London March 26, 2022 Transport for London (TfL) has granted Uber a 30-month licence to operate in the capital, the company announced today. “We’re delighted to announce TfL has granted Uber a new 30 month licence in London,” Uber said in a tweet this morning. “TfL rightly holds our industry to the highest regulatory and safety standards and we [...]
Tate Britain Commission: Hew Locke reclaims the Duveen Galleries March 26, 2022 The Tate Britain continues to put its more fashionable sibling the Tate Modern to shame with its flagship public installation, following up last year’s neon-soaked post-apocalypse by Heather Phillipson with a zeitgeist-capturing parade by British sculptor Hew Locke. The cavernous Duveen Galleries play the host to a rambling procession, with dozens – 150 to be [...]
Bermondsey Reach: Wittington Investments to snap up Southwark development with 300 flats March 25, 2022 Some 300 apartments are being planned for a site in Southwark that reportedly has a £135m development value. The 1.3 acre site has received planning consent for 312 residential flats and more than 20,000 sq ft of retail and commercial floorspace. Centerbridge and Argon Capital have appointed advisors from CBRE and KALMARS on the sale [...]
You’re Hiring? Here’s how to find the right person for your job March 25, 2022 Looking to fill vacancies quickly? Jobcentre Plus has thousands of quality candidates, while the service can also help design bespoke training courses and attract difficult-to-find regional staff, turning recruitment into a stress-free experience… When construction group Morgan Sindall Infrastructure won a coveted contract to build six new railway stations in Northumberland, they were delighted. There [...]
What impact is “greenflation” having on commodities? March 24, 2022 Under-investment in the supply of commodities across energy, metals and agriculture, as a result of policies to mitigate climate change, is limiting supply growth and driving prices higher. Commodities outperformed bonds and equities for the first time in almost a decade in 2021. Even before the Russian invasion of Ukraine, these trends looked set to [...]
TfL: Northern Line’s Bank branch should be up and running ahead of May reopening of station March 24, 2022 Transport for London (TfL) announced today that works on the Northern line’s Bank branch were on time for the line’s reopening in mid-May. Part of the Bank Station Capacity Upgrade project, the works aim to increase capacity at Bank and Monument stations by 40 per cent. “We are on track, we had few good progress [...]
Rail regulator launches prosecution into TfL and TOL over 2016 Croydon crash March 24, 2022 The Office of Rail and Road (ORR) announced today it was prosecuting Transport for London (TfL) and Tram Operations Limited (TOL) over their involvement in the 2016 Croydon tram derailment. The railway regulator said its prosecution will allege both TfL and Tram Operations Limited (TOL) breached health and safety law, as they failed to ensure [...]
P&O ‘chose’ to break the law by firing 800 people, company boss says March 24, 2022 P&O Ferries’ chief executive has admitted the ferry operator broke the law by failing to consult employees and unions before sacking 800 people. Peter Hebblethwaite told MPs there was “absolutely no doubt” P&O broke UK employment laws, as he admitted the ferry firm “chose not to consult” employees and unions. “We chose not to consult [...]
Uber lists New York cabs on app as driver shortage continues March 24, 2022 Uber agreed a mega deal to list all New York City taxis on its app this morning, helping address the shortage of drivers in the city and buffering taxi usage. The agreement was announced by Creative Mobile Technologies, which makes apps for the city’s yellow cabs, and Curb, a ride-hailing app for licensed taxi and [...]
Share price jump: Eurowag revenue jumps more than third but profits trail behind March 24, 2022 Pan-European payments platform Eurowag has enjoyed a revenue bump of more than a third in the past year, though pre-tax profits trail behind. The transport-focussed platform, which raised €200m (£171m) in its initial public offering (IPO) in London last year, snagged €1.6bn (£1.3bn) in revenue in the 12 months to 31 December. The climbing [...]