Exclusive: Central London will not be busy any time soon, says Sadiq Khan September 6, 2020 Sadiq Khan has admitted central London will not be “anywhere near” pre-Covid levels for months to come as he prepares to survey businesses about their back to office plans. The London mayor told City A.M. in an exclusive interview – released tomorrow in full – that office and public transport social distancing rules meant central [...]
HS2 construction begins with promise to create 22,000 jobs September 4, 2020 Construction work on the controversial HS2 rail link began this morning with around 22,000 jobs expected to be created over the next few years as a result. Prime Minister Boris Johnson said that the project would “fire up economic growth and help to rebalance opportunity across this country for years to come.” The high speed [...]
A three-step recovery plan for London’s West End September 4, 2020 Six months since the government first urged employees to work from home, they are now being asked to return. Given their track record of obedience, the government expected workers to be returning to the office in high numbers, but that is not what we have seen this week, with potentially disastrous and well-publicised consequences for [...]
More retail job losses forecast unless office workers return, industry warns September 4, 2020 More store closures and retail job losses are expected unless office workers return and consumers are encouraged to visit city centres, a retail industry body warned this morning. Despite an uptick in footfall in the final week of the month due to back to school shopping and the final days of the Eat Out to [...]
Commuter numbers rise to highest level since end of lockdown September 3, 2020 The number of people travelling to work rose to its highest level since the end of lockdown, new data from the Office of National Statistics (ONS) showed today, as the government seeks to encourage workers back to the office. According to the ONS, the proportion of working adults who travelled to their place of work [...]
London Tories call for Waterloo and City Tube line to reopen September 3, 2020 A group of Conservative London MPs and London Assembly members have called for the Waterloo and City Tube line to reopen in a bid to boost the number of people returning to central London. The line – which travels directly between Bank and Waterloo stations – was closed when the country was put into the [...]
London theatres call for ticket discount scheme to revive West End September 2, 2020 London’s theatres have backed calls for the government to fund a discount scheme similar to the Eat Out to Help Out offer to encourage audiences to return to the West End. The Centre for London, a think tank focused on the capital, has urged the government to introduce culture vouchers to bring visitors back to [...]
City workers slowly beginning to return to office after lockdown September 2, 2020 Commuters are slowly starting to return to London’s business districts after the coronavirus lockdowns, new data from Transport for London has shown. As of last Friday, 17,852 passengers entered and exited Bank tube station in the City, ten times more than the 1,800 who did so at the height of the pandemic. The figure is [...]
Boris Johnson confirms rail industry working on flexible season tickets September 2, 2020 Boris Johnson today said that the government was working with the rail industry on flexible season tickets to encourage commuters to return to the office. Speaking at Prime Minister’s Questions today, Johnson said: “We are working at pace with rail companies to try to deliver new products in terms of ticketing to ensure not just [...]
Bank of England warns of ‘scarring’ to the UK economy September 2, 2020 Bank of England policymakers have stressed that the UK economy faces big risks in the coming months, saying that the “scarring” could be worse than they predicted in August. Speaking to the Treasury Committee of MPs, governor Andrew Bailey said the Bank’s latest forecasts were highly uncertain. He said it was unclear the extent to [...]