Back to school in the City: Lessons for a CEO from M&A to COP26 September 10, 2021 It’s been back to school in the City this week, with the streets of the Square Mile once again flooded (if not quite packed) with people. On the surface, it may look similar to pre-Covid, as footfall ramps up and Transport for London reported the busiest month since March 2020. CEOs, however, cannot return to [...]
Which companies can help Europe achieve its “Fit for 55” plans? September 10, 2021 Last month, the European Commission released its “Fit for 55” proposals. These set out how the European Union should reach its legally-binding target to cut net greenhouse gas (GHG) emissions to 55% below 1990 levels by 2030. That target will be an important milestone on the road to reach net zero emissions by 2050. The [...]
More traffic looms over cities if rail fails to win back commuters hearts September 10, 2021 Cities like London could be struck by more traffic jams and business closures if train commuting fails to meet pre-pandemic levels, the rail industry has warned. Train commuting is at just 33 per cent of 2019 levels, according to the Rail Delivery Group (RDG), with some commuters opting for cars instead. Commuters were deterred from [...]
Rail fares could be hiked by 5 per cent – it’s time for an overhaul of how we view public transport September 9, 2021 This week marked the start of the new academic year in earnest and for many it was also a return to work, coming back into London for the first time after months of working from home. But for rail commuters, the latest inflation figures could mean the biggest fare hike in a decade. If the government sticks to its current formula of bumping up fares by one percent [...]
September Surge: Bus journeys at post-Covid high as return to office gathers pace September 8, 2021 The Tube saw more than a million ‘taps’ this morning and bus use topped Monday’s record post-Covid high as the return to the office continued apace. Tube taps were up more than 20 per cent on last week before 8am, and 25 per cent up on last week between 8 and 9am. And bus use [...]
Give your business a boost and ‘move on up’ to North East England September 8, 2021 The coronavirus pandemic has seen organisations in all sectors find new, innovative ways of working. From remote and hybrid offices, to the adoption of new digital technologies like video conferencing and cloud computing; the pace of change has been unprecedented. Another significant trend – one that was well established before the pandemic but has continued [...]
New London-Edinburgh rail service to offer £15 tickets September 7, 2021 A new train service will offer one-way tickets from London to Edinburgh for less than £15, it was announced today. First Group-owned Lumo will begin running services on the east coast mainline from 25 October. The 100 per cent electric service is a bid to encourage people to take the train rather than fly between [...]
‘September surge’ continues apace as Tube and bus passengers rise again September 7, 2021 Commuters continued to rush back to public transport this morning, new figures from Transport for London (TfL) show, with both Tube and bus passenger numbers up sharply again this morning. Between 7am and 8am, there were 298,600 “taps” on the Tube, up 33 per cent on last week and 8.0 per cent on yesterday, while on [...]
TfL seeks new partner for cable car with Emirates deal set to end September 7, 2021 Transport for London (TfL) is seeking a new commercial partner for the cross-Thames ‘Air Line’ cable car with Emirates’ decade-long sponsorship set to end next year. Since it opened in 2012 ahead of the London Olympics, there have been over 13m journeys on the capital’s only cable car. The 1km line, which links Greenwich to [...]
September surge: Tube records busiest morning since March 2020 September 6, 2021 This morning saw the busiest start to a day on the London Underground since the beginning of the pandemic in March 2020, Transport for London (TfL) said this morning. By 10am, Tube usage was up 17 per cent week-on-week, the network said, while bus passenger numbers jumped 39 per cent. There were 831,000 “taps” into [...]