Opinion: Things are looking up for London renters as price increases slow November 1, 2019 London’s property prices have long been regarded as endemically high, preventing many first-time buyers from purchasing their first home and boosting demand for privately rented properties. The result has been the emergence of Generation Rent: the demographic prepared to live like students in shared accommodation so that they can afford to be close to all [...]
Revealed: TfL tightened Uber’s driver checks in London licence extension October 30, 2019 Uber’s licensing restrictions have been revealed to include stringent checks on drivers’ documentation and insurance, prompting claims the ride-hailing app has in the past harboured unlicensed drivers. Restrictions were placed on Uber by Transport for London (TfL) in September as a part of a two-month licence extension in September. Read more: Uber suffers blow as [...]
TfL ‘can’t rule out’ Thor’s hammer as cause of huge London Overground delays October 30, 2019 Travel chaos hit London Overground commuters today as the service suffered suspensions due to a track obstruction. Londoners coming into the city were forced to find alternative routes with no service between Highbury & Islington and New Cross, Clapham Junction, West Croydon and Crystal Palace. Read more: Crossrail is at risk of even more delays [...]
Single cyber attack on Asian-Pacific ports could cost $110bn October 30, 2019 A single cyber attack on Asia-Pacific ports could cost as much as $110bn (£85bn), Lloyd’s of London has claimed. The historic insurance market has published a report warning that the global economy is unprepared for a scenario in which an extreme computer virus could infect 15 ports across Japan, Malaysia, Singapore, South Korea and China. [...]
Budget must acknowledge regional growth and capital’s strength October 29, 2019 During the Tory leadership contest, a raft of regional papers launched a campaign calling on the various candidates to “power up the north”. The now-chancellor Sajid Javid promised to do just that. Now his former adviser Nick King, via the Centre for Policy Studies, has produced a plan for boosting regional growth not just across [...]
Level up: Lessons from London for boosting the rest of the UK October 29, 2019 Britain’s economy has been distorted. London takes all the jobs, all the talent, all the investment, leaving crumbs for everyone else. For Britain to prosper, the capital needs to be cut down to size. In the wake of the financial crisis, and then of the Brexit vote, this is an argument that has become increasingly [...]
Ulez charge has added £41m to TfL coffers since April October 28, 2019 More than £40m has been raised from Sadiq Khan’s air pollution levy in the scheme’s first six months. A Freedom of Information (FOI) request to Transport for London (TfL), sent by car selling comparison website Motoway.co.uk, revealed 2.1m Ultra Low Emissions Zone (Ulez) charges were purchased by drivers up to 31 August. Read more: Ulez [...]
The Lovie Awards show Europe’s creativity is a force for good October 28, 2019 My entire career has been fuelled by a love for the European creative industry. And now, at a time when our digital lives feel chaotic, when business often feels overly challenging, when political issues invade our every waking moment, that fuel is more essential than ever. This is precisely why Nicolas Roope and I founded [...]
The UK has a vital role to play in leading the global fourth industrial revolution October 28, 2019 For nearly a year, my mayoral programme – Shaping Tomorrow’s City Today – has promoted UK innovation and technology, addressed social and digital exclusion, and championed digital skills. And during my recent business delegation visit to Kenya, I saw the great potential that technological innovation offers to individuals and communities seeking financial empowerment. Over the [...]
Focus on Victoria: Once just a train station, this central postcode now has an identity all its own October 25, 2019 There was a time not so long ago when Victoria was a train station, not an area. You could be ‘near Victoria station,’ but not ‘in Victoria’. Happily, it’s now made the transition thanks to an explosion of new bars, shops, offices and restaurants which have put the district firmly on the map. “For many [...]