South East business leaders urge government to commit to Crossrail 2 as a project of “national importance” March 17, 2017 Business leaders, including the bosses of Heathrow and Gatwick airports, have urged the government to make Crossrail 2 a priority and enable "rapid progress" on the project. A group of more than 70 leaders from across the South East have written to chancellor Philip Hammond and transport secretary Chris Grayling, saying the infrastructure project is of "national importance". [...]
London mayor Sadiq Khan has no plans to follow in Paris’ footsteps and trial free public transport days to curb air pollution March 17, 2017 London mayor Sadiq Khan has said he has "no plans" to trial free public transport days in a bid to cut air pollution, saying the move would cost Transport for London (TfL) £12m in lost revenue. Over in Paris, authorities announced a few days in December where people could use public transport for free after a [...]
Driverless cars will leave a big dent in the insurance industry according to the Bank of England March 17, 2017 The adoption of driverless cars will leave a massive dent in the car insurance market, according to the Bank of England, forcing insurers to team up with car firms as they transform their business. Economists at the Bank say their central forecast is for the UK motor insurance market to contract by 21 per cent [...]
New Homes: What’s on sale in London this weekend in Nine Elms, Battersea, Cricklewood, Deptford and Hampstead March 17, 2017 Embassy Gardens, Nine Elms From £705,000 Buyers came away with a bunch of flowers when they visited the floral-themed launch of the Nature Range at Embassy Gardens this week. All of the 35 studio to two bedroom apartments enjoy views across garden squares, a ravine filled with wildflowers, and a green walkway between Vauxhall and [...]
Who owns London? The capital’s biggest landowners: Qataris own as much land as the Queen and TfL put together March 17, 2017 A company part-owned by the Qataris own almost as much land in the capital as Transport for London and the Queen put together, a new ranking has suggested, while the City of London was ranked second. Figures compiled by Datscha for property trade bible Property Week showed Canary Wharf Group, which is joint-owned by Qatari [...]
Government pulls YouTube ads after investigation into taxpayers funding extremism March 17, 2017 The government has pulled its adverts from YouTube after an investigation said taxpayers are funding extremist videos online. Someone who posts a video on YouTube generally gets $7.60 (£6.14) for every 1,000 advert views it generates, meaning that YouTubers from even the darkest corners of the internet may be profiting from adverts for the Financial Conduct Authority, Sainsbury's, and [...]
Delays expected as Euston station evacuated after fire alarms set off – no arrivals or departures March 16, 2017 Euston station has reopened after being evacuated in a false alarm when fire alarms were set off this afternoon. National Rail warned delays were to be expected as services recover. #Euston Lines are now open following a fire alarm sounding within the station. Expect residual delays as services recover. @nationalrailenq — Network Rail (@networkrail) March [...]
Chaos on the Tube ahead of rush hour this evening with severe delays on the Hammersmith & City, District, Circle, Piccadilly and Victoria lines. March 16, 2017 There is severe disruption across London's underground network this afternoon, with severe delays on the Hammersmith & City, District, Circle, Piccadilly and Victoria lines. The Hammersmith & City, District and Circle line services have been affected by an accident at Shepherd's Bush Market station earlier today, in which a man died after being struck by a [...]
The RMT slams Aslef’s fresh agreement with Southern rail as “the old deal in a new envelope” March 16, 2017 Secretive talks to reach a new agreement over the Southern rail strikes came to fruition yesterday, but the Rail, Maritime and Transport (RMT) union hasn't been won over. Train drivers' union Aslef and Southern's parent firm Govia Thameslink Railway (GTR) had been holding fresh talks in London after a previous agreement was dashed when members turned [...]
Move over, suits – the new kids on the block are coming to the Square Mile March 16, 2017 Imagine you are the founder of the latest, cutting-edge tech startup. Perhaps you’ve been backed by a private equity firm, or an angel investor. You might have even got a good old-fashioned bank loan. Either way, you’ve graduated out of your parent’s basement and are on the hunt for an office you can call home. [...]