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 [...]
London Heathrow Airport is rolling out stricter environmental charges for airlines while cutting domestic passenger charges January 2, 2018 Heathrow Airport introducing stricter environmental charges to propel airlines to use cleaner and quieter aircraft, it said today. It is also cutting domestic passenger charges as the airport looks to fully convince airlines and MPs with its expansion plans. Environmental charges are rising seven per cent from this month, as the London airport encourages carriers [...]
New Year’s Eve 2017: What is the London weather forecast? December 31, 2017 With parts of the UK bracing themselves to be lashed by Storm Dylan, revellers in the capital can expect a largely dry night of festivities. Some 100,000 ticket holders packing the banks of the River Thames later today will be rewarded with almost rain-free conditions, weather forecasters say. The traditional firework display – 10,000 fireworks [...]
Softbank shareholders give Uber deal the green light December 29, 2017 A consortium led by Japan’s Softbank has agreed to buy a 17 per cent stake in Uber, after shareholders approved the purchase. A deal between the ride-hailing app and the Softbank-fronted group was first floated around two months ago, and yesterday, Softbank investors gave it the green light. The transaction values Uber at approximately $48bn [...]
London Stansted airport suspends flights due to heavy snow causing chaos across the UK as Met Office warns there’s a possiblity of flooding December 27, 2017 Heavy snow is causing transport difficulties across the UK, after the Met Office issued a series of weather warnings. The poor weather conditions led London Stansted to close one of its runways and suspend flights. The runway has since reopened, but the closure has led to ongoing delays and cancellations. The airport has advised passengers [...]
London travel, train strikes and closures: What’s closed from Boxing Day until New Year’s Day December 26, 2017 ‘Tis the season to avoid much of the public transport network, as engineering works take advantage of the holiday lull in passenger numbers. Here’s your post-Christmas run-down of what you need to know in London until New Year’s Day. The Tube The Tube will run a Sunday service on Boxing Day and on New Year’s [...]
Old Oak Common: West London could get two new London Overground stations at Old Oak Common and Hythe Road December 22, 2017 Transport for London (TfL) says it has received overwhelming support for two new London Overground stations in West London. The two new stations, at Hythe Road and Old Oak Common Lane in Park Royal, will be part of the massive regeneration of Old Oak Common, at the heart of which will be an interchange between [...]
Christmas comes early for Boris bikes (Santander cycles) as they race through annual hire record December 22, 2017 London’s Santander Cycles, more commonly known to most in the city as Boris bikes, will pedal into the new year with a new record under their seat. Statistics from from Transport for London (TfL) have revealed the communal bikes have raced through annual hire records, with more than 10.3m journeys made on them so far [...]
City Moves for 22 December 2017 – who’s switching jobs at Pladis, Cobham and Brown Rudnick? | City A.M. December 22, 2017 Today’s City Moves cover snacks, defence and legal eagles. Take a look at these movers and shakers: Pladis Pladis, the global snacking company behind the well-loved McVitie’s and Jacob’s brands, announced yesterday that Jonny Jacobs has moved into the newly created role of strategy director at Pladis UK & Ireland. Jonny, previously head of supply [...]