Boris Johnson vows to hold back £39bn Brexit divorce bill to force EU into a better deal June 9, 2019 Boris Johnson has threatened to force the European Union’s hand by withholding Britain’s £39bn “divorce” bill until it agrees to more favourable terms to leave. The former mayor of London made his first pitch to become Prime Minister by vowing to keep hold of the cash, scrap the Northern Irish backstop and guarantee the rights [...]
Focus On Bermondsey: The London borough with the Shard in its back yard June 7, 2019 Seventy two households, all belonging to the Count Robert of Mortain, and collectively worth a grand total of 40 pence; this was the value of Bermondsey as recorded in the Domesday Book in 1086. Things have changed somewhat since then (Bermondsey wasn’t even an official part of London at the time), but few areas have [...]
Chaos hits commuters with severe Tube delays June 7, 2019 Commuters faced a dire journey into work this morning after signalling problems left three Tube lines suffering severe delays. Read more: These are the Tube’s most stressful stations The Circle Line and Hammersmith & City Line had severe delays along their entire lines this morning after the problem. Meanwhile the District Line had severe delays [...]
Chris Grayling launches HS2 review to boost links with north June 6, 2019 Transport secretary Chris Grayling has kickstarted a review into how the second phase of HS2 could be more efficient and cost effective as the project’s fate hangs in the balance with the ongoing Tory leadership election. The government is seeking views on proposed changes to the route north of Birmingham, including two new junctions to [...]
Homes outnumber shops on UK high streets June 6, 2019 Residential addresses now outnumber retailers by more than two to one on UK high streets, data published today reveals. Read more: Boots considers more than 200 store closures The percentage of retail business fell two per cent to comprise just 25 per cent of high street addresses between 2012 and 2017, according to the Office [...]
Contactless and mobile payments surge in UK in 2018 June 6, 2019 The number of contactless payments made in the UK surged in 2018, new figures have shown, as all Britons’ from grandparents to teenagers increased their use of the technology. Read more: Credit card spending shoots up as customers turn to extra protections Meanwhile, the use of cash continued to decline, with only four per cent [...]
India: Enormous advantage for UK investors June 6, 2019 By Rodney Hobson from interactive investor. There are lots of reasons to invest in India now. Our international columnist runs through them here. Rodney Hobson is an experienced financial writer and commentator who has held senior editorial positions on publications and websites in the UK and Asia, including Business News Editor on The Times and Editor of Shares [...]
Go-Ahead shares thrive as it predicts higher sales June 6, 2019 Go-Ahead expects revenues to be higher than originally thought in its London and international bus division, it said today. Read more: Go-Ahead appoints new interim chief financial officer The transport company also said it has seen its growth in passenger volumes and revenues in all regional bus businesses. That sent Go-Ahead’s share price soaring 9.4 [...]
Southern ranked least trusted operator by transport watchdog June 6, 2019 Southern has been ranked as the least trusted rail operator in the UK, according to new research from the independent transport watchdog. Southern, which is run by Govia Thameslink Railway (GTR), was not trusted by 23 per cent of passengers as of autumn last year, Transport Focus data reveals. Southern’s reputation took a hit in [...]
Stick with HS2 or scrap it? Where every Tory leadership contender stands on the £56bn railway June 5, 2019 Theresa May has just days left as Tory leader, and it’s not just Brexit where the future is unclear – HS2 is also at a crossroads. Much of the talk around May’s potential successors has been centred on their stance on a no-deal Brexit. But in the transport world, all minds are focused on whether [...]