Extinction Rebellion cause traffic delays at Trafalgar Square September 1, 2021 Transport for London warned of disruptions to traffic after roads leading to Trafalgar Square were blocked in both directions by Extinction Rebellion protestors. Earlier this afternoon roads were closed as XR activists attended rallies to mark the tenth consecutive day of demonstrations. Key roads were blocked as the protestors made their way from Parliament Square [...]
City Moves: Who’s switching jobs in the Square Mile this week? September 1, 2021 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every Wednesday afternoon. Email citymoves@cityam.com to be featured. Pictet Wealth Management poaches Goldman Sachs veteran as new CEO Pictet Wealth Management has appointed a Goldman Sachs veteran as its new CEO, following the departure of its long-standing lead Heinrich Adami. Joining next week, Robert [...]
Climate progress tracker improves on higher carbon prices and electric vehicle sales August 31, 2021 Last week, the Intergovernmental Panel on Climate Change, issued a landmark scientific report that serves as a “code red for humanity”, according to the UN Secretary General, Antonio Guterres. It comes three months before the 26th Conference of the Parties (COP26), warns of climate catastrophe and lays the blame firmly at the door of human activity. [...]
London Underground halfway back to pre-pandemic levels as Tube passenger return August 31, 2021 The number of passengers using the London Underground has hit about 50 per cent of pre-pandemic levels on weekdays for the first time since the start of the pandemic. Transport for London said it has seen a steady increase in use on the network over the summer and is preparing for further rises in September [...]
What does Extinction Rebellion actually want? August 31, 2021 Last week was a busy one for climate activists Extinction Rebellion. A series of non-violent but obstructionist protests saw them block first Seven Dials then Oxford Circus with a giant table representing an offer to “come to the table” to discuss fossil fuels. They also had chairs, as if the symbology were not heavy-handed enough, [...]
London ranked as one the most stressful cities in the world to drive August 30, 2021 London has been named as the eighth-most aggravating place to drive, scoring above cities like Bejing or Bangkok. Perhaps unsurprisingly, when in 2020, 18.5bn vehicle miles of traffic were travelled across the 9.2 thousand miles of roads in London. Nine out of ten drivers admit to feeling stressed or angry behind the wheel, according to [...]
Wembley bus driver spat at after telling passenger to get off for not wearing mask August 30, 2021 Police have released an image of a man they want to question after a bus driver was spat at when he challenged a passenger who was not wearing a mask. The incident happened on a number 83 bus near Wembley, north-west London, at around 10.40pm on Friday, the Metropolitan Police said. The force said the [...]
August sees highest numbers of commuters into the City this year August 27, 2021 August has seen the highest number of commuters travelling into the City since the pandemic began, new data from Transport for London (TfL) today shows. Since lockdown was lifted in July, more and more people have headed back to their offices, in a positive omen for the future of the Square Mile. 19 August was [...]
British Land snaps up Square Mile car park for £20m in last-mile delivery push August 26, 2021 British Land has reported £350m of capital activity including the acquisition of Finsbury Square Car Park. The property company said its acquisition of Finsbury Square Car Park for £20m was an opportunity to create a last mile logistics hub in the City. The commercial landlord exchanged on the acquisition of the Priestley Centre in Guildford [...]
East Coast rail upgrade set for at least a year’s delay August 24, 2021 One of the biggest upgrades to the UK rail network in recent years will be delayed for at least a year due to the emergence of a number of issues. The £1.2bn East Coast upgrade, which will add nearly 40 services a day to the London-Edinburgh network, is due to open in May 2022. But [...]