Grant Shapps expresses frustration at London tube strikes March 1, 2022 Transport secretary Grant Shapps expressed today its frustration at the today’s Tube strike, which has created havoc across the whole of London. Shapps urged London mayor Sadiq Khan and Transport for London (TfL) to resolve the dispute with the National Union of Rail, Maritime and Transport Workers (RMT) as soon as possible, while calling on [...]
UK becomes first country to ban Russian ships from accessing ports March 1, 2022 The UK has become the first country to pass a law banning all Russian ships from docking at its ports, transport secretary Grant Shapps announced this morning. “At London’s Foreign Office where we’ve just become the first nation to pass a law involving a total BAN of ALL ships with ANY Russian connection whatsoever from [...]
‘This city becomes unlivable’ say angry Londoners hit by severe transport disruption due to another tube strike March 1, 2022 Londoners said the capital is “becoming unlivable” as strikes across the Tube network left them travelling for hours to get to work. Transport for London announced that all Underground lines would be suspended today as Tube workers stage industrial action against pay and working conditions. John Rayner, 28, a construction worker who was waiting for [...]
Opinion-in-brief: Stay at home at the slightest inconvenience March 1, 2022 Today there will be the first full tube strike since 2017, as 10,000 RMT workers walk off and all London Underground lines stop running. Instead of directing people to find other ways to get to work, Transport for London told people to stay at home. Part of the problem facing the transport network is a [...]
Steepest rise since 2013: Train fare hike of almost 4 per cent to hit commuters from TODAY March 1, 2022 Train passengers in England and Wales face an increase in fares of up to 3.8 per cent from this morning. It is the steepest increase since January 2013, according to figures from industry body the Rail Delivery Group (RDG). Therefore, the Government has been accused of adding to the cost of living crisis following the [...]
TODAY: Londoners urged to work from home as tube strike is affecting ALL lines March 1, 2022 Transport for London (TfL) has urged commuters to plan ahead of today and Thursday’s Tube strikes, which will affect all lines. The public body has advised Londoners to work from home if they can or rely on alternative means of transport, as the strikes are expected to create major disruption across the whole TfL network. [...]
Aviva and Allianz partner on £500m City office and retail development February 28, 2022 Aviva Investors and Allianz Real Estate have entered a partnership for a massive ongoing development in the heart of the City of London. The joint venture, 1 Liverpool Street and 101 Moorgate with a gross development value of around £500m, are central to the Crossrail development site in the Square Mile. “London is one of the [...]
Rail operators ramp up services following passenger demand increase February 27, 2022 Rail operators Avanti West Coast and East Midlands Railway are set to ramp up services as passenger demand is coming back post Omicron. Avanti West Coast’s services between London Euston, Manchester and Birmingham will double from tomorrow, with managing director Phil Whittingham saying the company “remains committed to supporting the ongoing recovery of our economy.” [...]
Government agrees to extend TfL funding until June February 25, 2022 The UK Government has agreed to extending Transport for London’s (TfL) funds until 24 June, the public body announced today. According to TfL’s commissioner Andy Byford, while the £200m extension is very welcome the government still needs to consent to a longer-term financial deal to help the body avoid a £1.5bn financial black hole. “The [...]
What’s behind value’s recent renaissance? February 24, 2022 The debate over the value and growth investment styles has been intense in the opening weeks of this year. Value’s relative outperformance has been eye-catching, with the MSCI World Value index returning -1.3% in January compared to -9.3% for MSCI World Growth. In some ways though, this is just a continuation of last year’s oscillations [...]