As London passes the peak and transport reopens, could it really be a happy new year? January 10, 2022 London may be emerging from the worst of the new Covid-19 peak, with the capital’s public health boss saying London appears to be past the peak of infections and vital transport infrastructure kicking back into gear today. Professor Kevin Fenton, London’s public health director, said the data suggests “we may have passed or are at [...]
HS2 rushes to purchase land for phase one opening January 9, 2022 HS2 is rushing to acquire several square kilometres of land needed to complete the project’s first phase. Out of the 70km2 needed to connect London to Birmingham, 13km2 are yet to be acquired, a freedom of information request put forward by the Telegraph has revealed. The land for the project can be forcibly bought by [...]
Starting this evening: Londoners should brace themselves for months of tube strikes and travel disruption January 7, 2022 Londoners brace themselves for months of tube strikes which are likely to cause “severe disruption” to night services on weekend evenings until June. Members of the Rail, Maritime and Transport union (RMT) will walk out on Friday and Saturday evenings from this weekend on the Central and Victoria lines in a dispute over rosters. The [...]
City Moves: Who’s switching jobs in the Square Mile this week? January 7, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Burford Capital Burford Capital has hired an arbitration expert and legal finance industry veteran as a new principal in its London office. Mick Smith, who co-founded Calunis Capital in 2006, will focus on global arbitration matters. The former JP [...]
Sadiq Khan hits out at rail union over planned six-month Tube strike January 6, 2022 Sadiq Khan has hit out at the UK’s largest rail union for its planned Tube strike tomorrow, saying that the long-term industrial action will “cause further devastation” for London’s economy. London Underground staff from the The National Union of Rail, Maritime and Transport Workers (RMT) will walk off the job on Friday and Saturday evenings [...]
Wandsworth sees the highest number of £1m property transactions as buyers desire space January 5, 2022 The leafy borough of Wandsworth has been named as the capital’s hotspot for property transactions of £1m over the last year. The south-west London borough accounted for 11 per cent of high end transactions over the last year, out of a total 6,312 transactions for between £1m and £3m across London. Kensington and Chelsea and [...]
Share trading in Go-Ahead Group halted as Southeastern rail scandal widens with Deloitte scrutinising the books January 4, 2022 Shares in train firm Go-Ahead Group have been suspended to give its auditor more time to finalise delayed full-year results in the wake of the Southeastern franchise scandal. Go-Ahead said it was working with accountancy group Deloitte to get its earnings for the year to July 3 2021 published “as soon as possible”, with the [...]
Johnson: NHS will be under ‘considerable pressure’ from Covid for foreseeable future January 3, 2022 Pressure on the UK’s hospitals from Covid cases will be “considerable” for “the next couple of weeks and maybe more”, Boris Johnson has said. Johnson said the NHS will come under serious strain for the foreseeable future from the Omicron wave, but that harsher restrictions were still not necessary. Covid cases are now at around [...]
Southern trains cancels ALL services to and from London Victoria until January 10 as rail disruption worsens December 30, 2021 Southern announced this afternoon that none of its trains will run to or from London Victoria until January 10 due to “coronavirus isolation and sickness”. Disruption to rail services is worsening due to pandemic-related staff shortages and industrial action. London Victoria is one of the UK’s busiest stations, and is normally connected by Southern to [...]
High hopes: airspace development could be the key to solve the housing crisis December 30, 2021 Brownfield development, which means building on derelict land that has previously been used, is increasingly taking centre stage when it comes to tackling the housing crisis. A package of £1.8bn has recently been announced for new homes on this kind of land. But less is spoken about the role for airspace developments – a sustainable, [...]