Mayor Khan pushes ahead with controversial Thames tunnel plans August 18, 2021 Mayor Sadiq Khan is pushing ahead with construction plans for the East End’s fourth and most controversial road river crossing. Construction of the £2bn Silvertown tunnel is well-underway and set for completion in 2025. The tolled road tunnel will span between the Royal Docks precinct and Greenwich peninsula, falling within the Ultra Low Emissions Zone [...]
Rail passengers to be hit with largest fare hike in a decade August 18, 2021 UK train passengers can expect the largest fare rise in a decade. Increases are usually linked to the previous July’s Retail Prices Index (RPI) measure of inflation, which was confirmed as 3.8 per cent for July 2021 by the Office for National Statistics today. No announcement has been made on what will happen to fares [...]
Six children and one parent injured after Tesla collides with pedestrians in British public school car park August 17, 2021 Six school children and a parent have been taken to hospital after they were hit by a Tesla car in the school car park of Ardingly College in West Sussex. One of the children was reportedly flown to hospital with serious injuries after the incident involving a blue Tesla Inc Model 3 car, during a [...]
Westminster parking wardens threaten with strike action after rejecting pay offer August 17, 2021 Traffic wardens enforcing parking in the streets of Westminster are threatening with strike action as they reject their employer’s latest pay offer. Union workers unanimously turned down NSL’s offer to increase their wages by an extra 21p per hour under a three-year deal. The modest increase would result in a loss in income in real [...]
Chasing Tesla: how traditional carmakers are revving up their electric vehicle production August 16, 2021 Equities generally had a strong year in 2020, but few parts of the market could match the runaway share price gains of the pure electric vehicle (EV) makers. Tapping into investor (and day trader) demand for two popular themes – tech and sustainability – such companies became extremely highly sought after. US group Tesla is [...]
Long read: the office, pay cuts, promotions and cities. Transcending the gender gap post-pandemic August 14, 2021 Cabinet ministers and CEOs are falling over themselves trying to bark us back into the office. Some are even threatening to cut our pay if we move too far away, but their sledgehammer approach is not winning converts, especially amongst women. Over the course of sixteen months of remote work, many of us have felt [...]
London rent prices fall furthest for expensive central properties – CityAM : CityAM August 12, 2021 Rent prices have fallen by an average of 6 percent across London with expensive properties in the city centre seeing the biggest reductions. Data published by Zoopla for the year ending June 2021 revealed that Tower Hamlets saw the greatest reduction in rent prices of any London Borough. Prices are down 8.5 per cent with [...]
Low earners bear the brunt of job cuts in high pay packet areas August 12, 2021 Areas of the UK that house people on higher pay packets have registered some of the steepest falls in jobs during the Covid crisis, reveal brand new figures released today. Research from the Resolution Foundation shows Westminster in central London, the area of the UK with the highest average earnings, experienced a 3.6 per cent [...]
Editorial: Slashing staff pay for remote work is a slap-dash response to the shifts of the pandemic August 11, 2021 To say the cost of living in London is more expensive than the cost of living in rural Sussex is so obvious, it hardly bears repeating. By every price index, rent, transport, coffee, pints or food, London tops the charts. Companies have always forked out more money for employees who live in expensive metropolitan cities. [...]
Work on last stage of Tower Bridge to Greenwich cycle route to kick off August 11, 2021 Work on the final stage of a new cycle route which will connect the City of London to Greenwich will start on Monday, Transport for London (TfL) today said. The third section of Cycleway 4, on Evelyn Street in Deptford, is expected to be completed in the spring. Once it is finished, the cycle lane [...]