Our pick of the shared ownership homes on the market right now September 23, 2019 Whether you want to live in trendy east London or find a quiet family home near to schools and parks, there is a shared ownership property for you. Here are some that are on the market right now. Homes in east London Pimento, Aldgate E1Newlon Housing Trust Located close to Aldgate East underground, Pimento is [...]
Timeline – Thomas Cook’s humble beginnings to a billion-pound collapse September 23, 2019 Thomas Cook’s insolvency has left hundreds of thousands of people stranded abroad, and cost tens of thousands of jobs in the UK. But it has been a long time coming. With debts ballooning over the last 10 years and a near-miss in 2011, Britain’s oldest travel firm has endured a bumpy ride in recent years [...]
How Kapten is trying to take Uber’s ride-hailing crown September 23, 2019 Uber has an image problem. The ride-hailing app’s popularity has declined on complaints that its drivers are contributing to congestion and pollution on London’s streets. Uber took a big PR hit last year when Transport for London (TfL) took away its operating licence due to issues with the company’s approach to safety and regulation. The [...]
Uber poised to bag further temporary licence from TfL September 22, 2019 Uber will have its fate sealed on Wednesday when Transport for London (TfL) makes a decision on the ride-hailing app’s licence in the capital. Uber has currently been running on a 15-month probationary licence, issued last June in the aftermath of Sadiq Khan’s decision in 2017 to strip the operator of its licence over safety [...]
Treasury rebuffed TfL bid for Piccadilly line funds in spending round September 22, 2019 Transport for London (TfL) asked the government for funds for the Piccadilly line signalling upgrade in the recent spending round but was left empty-handed, City A.M. understands. TfL is said to be disgruntled at the lack of funds it received from the Treasury in the recent one-year spending round announced by chancellor Sajid Javid earlier [...]
London climate strikes: Thousands protest by capital’s landmarks September 20, 2019 Thousands of young people walked out of classrooms and schools this morning in the lead-up to next week’s climate change conference in New York. The students, de facto led by Swedish teenager Greta Thunberg, are striking in 150 different countries. Read more: DEBATE: Should companies be supportive of employees who want to take part in [...]
Watchdog probes West Coast rail franchise award to First Group and Trenitalia September 20, 2019 Britain’s competition watchdog has said it is investigating the award of the West Coast partnership to First Group and Trenitalia. The Competition and Markets Authority (CMA) is looking at whether the joint operation could lead to “a substantial lessening of competition within any market”. Read more: Saga profits slump The CMA is inviting comments on [...]
Crossrail could need an extra £400m and open behind schedule, bosses warn September 19, 2019 Crossrail could end up needing an extra £400m in a worst case scenario and open later in 2021, bosses have revealed. Crossrail, also known as the Elizabeth Line, is already running £2bn over budget and years late, after it failed to open on time last December. Crossrail bosses told the Transport for London (TfL) board [...]
Uber rival Bolt sees surge in London rides three months after launch September 18, 2019 Ride-hailing app Bolt has boasted that 300,000 Londoners have signed up to its platform in just three months since its summer launch, as it aims to dent Uber’s dominance. The startup, which formerly launched in the UK as Taxify two years ago, has also seen around 50,000 drivers join a waiting list to work on [...]
Jim Ratcliffe’s Ineos names £600m Bridgend-built 4×4 after west London pub September 18, 2019 Sir Jim Ratcliffe has revealed the name of his upcoming 4×4 car will be the Grenadier, after the west London pub it was dreamt up in, and hopes to create 500 jobs in south Wales where it will be manufactured. Ratcliffe’s chemicals firm Ineos will build the car on a new site in Bridgend, where [...]