Greater Manchester is primed for net zero investment November 3, 2021 COP26 is an unprecedented opportunity for the United Kingdom to present to the world a credible plan to reach net zero carbon emissions. In Greater Manchester, we are a model other towns, cities and city-regions can follow – showing how a green and growing economy can also be a levelled up one. Reaching net zero [...]
Five charts which explain what is going on with inflation November 1, 2021 “Output gap”, “bottlenecks”, “core inflation”, “base effects”, “second-round effects” “labour participation rate”. These are some of the key industry terms essential to understanding what’s going on with inflation. Soaring job vacancies reflect the strong economic recovery of the world’s major economies, as Covid-19 induced restrictions have been gradually eased. Shortages of materials, energy and transport [...]
COP26: Meaningful action or a load of hot air? November 1, 2021 City of London Corporation policy chair Catherine McGuinness urged on Friday that we must “ensure that COP26 is about action, not just ‘blah blah blah’,” if we are to finance the transition to net zero and meet the challenge Greta Thunberg has thrown down to us. Her call for meaningful action follows the UN’s weather [...]
Two trains crash between Salisbury and Andover October 31, 2021 Two trains have crashed between Salisbury and Andover, Wiltshire Police have confirmed, while emergency services are attending the scene. “We are currently at the scene of a train crash involving two trains between Andover and Salisbury. “We are responding with the fire and ambulance service at the site close to London Road, Salisbury.” A number [...]
Khan urges government to make mask wearing mandatory on public transport October 29, 2021 London mayor Sadiq Khan has urged the government to make mask wearing mandatory on public transport, as daily Covid-19 cases average at around 40,000. “The situation with Covid-19 in the capital is so finely balanced that it needs all of us to act together to protect ourselves, our loved ones, the things we enjoy and [...]
£19bn Crossrail mess: Uncertainty over how loans will be repaid while £150m funding gap looms October 29, 2021 The estimated cost of completing London’s new east-west railway exceeds current available funding by £150m, according to a new report by the Commons’ Public Accounts Committee (PAC). Moreover, Crossrail is facing a “serious” funding gap and there is uncertainty over how loans will be repaid, MPs have warned. The predicted cost of finishing the project [...]
Green steam vs the big smog: London’s green jobs to double to 600,000 by 2030 – CityAM : CityAM October 29, 2021 The UK’s push for net zero will double the number of green jobs in London to 600,000 by 2030, according to new research. The findings, by WPI Economics and the Institute for Employment Studies and commissioned by Central London Forward, Local London, South London Partnership and West London Alliance, also revealed that the capital’s green [...]
New: Waterloo & City line to operate all day by the end of November October 28, 2021 THE WATERLOO and City Line will return to a full weekday service before the end of next month. ‘The Drain,’ which runs from Waterloo to Bank, has been running a limited services around morning and evening peaks since the service was restarted after pandemic lockdowns in June. The service will run every three minutes at [...]
Before we give London’s transport to the rest of the UK, we should fix it here first October 28, 2021 The only standout mention of the capital in yesterday’s budget was a promise to bring “London-style transport settlements” to regions across the country. On the face of it, this is an entirely sensible aspiration. Many other cities would love to have London’s mix of cheap, frequent buses with flat fares, a fast reliable and wide-ranging [...]
Before we give London’s transport to the rest of the UK, we should fix it here first – CityAM : CityAM October 28, 2021 The only standout mention of the capital in yesterday’s budget was a promise to bring “London-style transport settlements” to regions across the country. On the face of it, this is an entirely sensible aspiration. Many other cities would love to have London’s mix of cheap, frequent buses with flat fares, a fast reliable and wide-ranging [...]