London’s creative industries are a culture club boxing out young people – here’s how we can fix that March 26, 2019 London’s creative and cultural sector has boomed in recent years, but despite its success, women, members of black, Asian, and minority ethnic groups, and other people from less advantaged backgrounds remain woefully underrepresented, particularly in senior positions. This is a result of London’s creative industry becoming a “culture club” – one that is exclusive, with membership [...]
Commuters suffer rush hour chaos as Tube lines hit by severe delays March 26, 2019 Commuters were left to contend with a nightmare journey this morning as a signal failure struck multiple Tube lines down with delays. Read more: This London Tube map shows the busiest times at stations in the morning Severe delays hit the Circle Line, Hammersmith & City Line and the Metropolitan Line after a signal systems [...]
We must not let Brexit distract from the global war on single-use plastic March 25, 2019 At a time of ongoing uncertainty, and with so much attention on the drama unfolding in Westminster, it is easy to forget that there are other issues that are equally important. And, of course, we’re not just talking about issues affecting us in the UK, but globally too. One matter that certainly needs our attention [...]
Focus On Bow: Young professionals are changing the landscape of Bow, but upsizing proves costly March 22, 2019 Few areas in London have seen demographic change like east London, but even within the East End, Bow has changed a lot in recent years. “There is a definite shift taking place, highlighted by the arrival of a number of independent coffee shops, wine bars and restaurants over the past 18 months or so,” said [...]
Brexit march London 2019: Londoners warned to avoid key Tube stations March 22, 2019 Transport for London (TfL) has warned commuters to avoid 13 key Tube stations across the capital ahead of tomorrow's People's Vote Brexit march. Londoners were warned to expect "extremely busy" stations and London Underground during Saturday's Put it to the People march, which hundreds of thousands of protesters are expected to take part in. Read more: Tusk says 'anything possible' [...]
TfL awards controversial £1bn ‘sale and leaseback’ Crossrail fleet deal to Natwest-backed group March 22, 2019 Transport for London (TfL) has awarded a controversial £1bn "sale and leaseback" deal for a fleet of Crossrail trains to a rail company backed by Natwest and Japan's second largest bank. 345 Rail Leasing, which was set up in January this year and comprises Equitix Investment Management, Sumitomo Mitsui Banking Corporation and Natwest, will own the [...]
Luxury rental property platform The Plum Guide to use £14m fundraise for rapid expansion March 21, 2019 High-end property rental platform The Plum Guide, which aims to eliminate disappointment from holiday bookings, has raised £14m in a Series B funding round led by Talis Capital as it prepares to launch in six more cities. The Plum Guide, which was set up in London in 2015, will be available in Barcelona, Berlin, Copenhagen, [...]
Sadiq Khan confirms TfL will remove controversial Michael Jackson bus adverts March 21, 2019 Controversial adverts that express support for Michael Jackson are to be removed from the side of Transport for London's (TfL) buses, Sadiq Khan has confirmed. The adverts, which bear the tagline "Innocent", were pushed by a Jackson fan group in response to a two-part Netflix documentary, Leaving Neverland, in which the late singer is accused of abusing young boys [...]
City Moves for 21 March – who’s switching jobs at Orchard Street, Dechert and Lloyds Bank? March 21, 2019 Who’s on the move today? Orchard Street Investment Management Orchard Street Investment Management, the specialist commercial property investment manager, has appointed Dawn Marie La Monica head of compliance and risk. She will be responsible for ensuring compliance with the relevant regulations and laws impacting the firm, guiding the shape of corporate governance and culture, and [...]
TfL slashes £1bn deficit in ‘relentless’ cost-cutting drive but warns of continued economic woes March 20, 2019 Transport for London (TfL) has halved its near £1bn budget deficit thanks to an aggressive cost-cutting drive. The transport body said a "relentless focus on efficiency" and "tight financial management" will help it to get the £968m deficit – partially caused by the loss of the government grant and Sadiq Khan's fare freeze for single journeys – [...]