London mayor Sadiq Khan says it is vital government devolves more commuter routes to TfL after GTR franchise slammed as worst on rail network January 10, 2018 Sadiq Khan today said it was “vital” the government devolves more commuter routes to Transport for London (TfL) to tackle the “terrible services inflicted on London rail passengers”. His comments were in response to a new National Audit Office report, which found passengers on the Thameslink, Southern and Great Northern (TSGN) franchise suffered the worst [...]
Southern rail franchise faces spending watchdog criticism for giving passengers “worst service” on Britain’s rail network January 10, 2018 The huge Southern rail franchise has been criticised by parliament’s spending watchdog as failing to deliver value for money, with passengers experiencing the worst service performance on the national rail network. Major disruption to the Thameslink, Southern and Great Northern (TSGN) franchise has resulted in the assessment given in a National Audit Office report out [...]
Who is the new City minister? Salisbury MP John Glen takes reins from Steve Barclay as Theresa May’s reshuffle concludes January 9, 2018 Salisbury MP John Glen has been named the new City minister, as Theresa May’s reshuffle concludes. Glen, who will have responsibility for Brexit, takes the reins from Steve Barclay at a critical point in the withdrawal process. He is the 11th economic secretary to the Treasury in the last decade, with the role being held [...]
Exclusive: John Glen to be named new City minister in Theresa May’s reshuffle January 9, 2018 Salisbury MP John Glen is to be named the new City minister, as Theresa May's reshuffle concludes, City A.M. has learned. Glen, who will have responsibility for Brexit, takes the reins from Steve Barclay at a critical point in the withdrawal process. He is the 11th economic secretary to the Treasury in the last decade, [...]
Wizz Air has just announced a new European base in Vienna and 17 new routes for 2018 January 9, 2018 Low-cost Hungarian airline Wizz Air is making Austria its next choice for a base as it plugs $331m (£245m) into setting up in Vienna in June. The carrier said it will establish base operations at Vienna Airport with one Airbus A320 initially, followed by two Airbus A321 aircraft in November. Wizz Air plans to operate [...]
What you need to know about this week’s mass rail strikes across South Western Railway, Southern and Greater Anglia January 8, 2018 Commuters may still be smarting from the rail fare rise that greeted them at the start of the year, but there's more misery on the way in the form of a series of strikes next week. The Rail, Maritime and Transport (RMT) union has announced 24-hour walkouts across Northern, Merseyrail, Greater Anglia, Southern, South Western [...]
Focus On Angel: House prices have almost doubled in this central part of Islington in the last ten years January 4, 2018 Though the name has pious connotations, the Angel is actually named after a pub. Well, the 17th century Angel Inn was a hotel, too, then a restaurant, but is now a Co-Op Bank. Although there is a JD Wetherspoons pub called The Angel next door. As an incredibly central part of the London borough of [...]
TfL faces funding crunch as bosses say end of government subsidy isn’t sustainable for London January 4, 2018 London’s transport funding crunch has been put back in the spotlight after Transport for London (TfL) bosses said yesterday that the withdrawal of government subsidy will not be sustainable for the capital in the long-term. At a meeting of the London Assembly Budget and Performance Committee, they also revealed plans to sell part of TfL’s [...]
Are markets too complacent about the US economy? January 3, 2018 The status of the US as the world’s most dynamic and important single country economy remains intact, not least among investors. Its strengths are now very much reflected in financial market valuations. This is evident in stocks, with the US having been at the vanguard of a multi-year bull run, while bond yields have reached [...]
London’s Tube to get quicker and more reliable as TfL wraps up festive work on Northern Line extension and upgrades January 3, 2018 Transport for London (TfL) said today Tube passengers will reap the rewards of the completion of significant upgrade work over the festive period, promising quicker and more reliable journeys. It is also planning to set the wheels in motion for walk-through trains on a raft of Tube lines, awarding the contract for the new trains [...]