Mark Carney’s fintech critique should be a wake-up call for a sector used to plaudits January 27, 2017 The fintech sector is so used to being publicly lauded that this week’s comments by the governor of the Bank of England will have come as a shock. Despite claiming London as the fintech centre of Europe and exulting its potential, Mark Carney made clear fintech’s rise could disrupt the established financial sector – raising [...]
Why road pricing could help liberate London’s roads from congestion January 27, 2017 It's been a tough few months for London’s commuters and drivers. A combination of bad tempered industrial disputes, burst water mains and fog have made the journey to work particularly challenging for the 3m or so people who often have to battle through the morning peak. Good timing perhaps for a new report from the [...]
The government really wants more people to cycle and walk to work – so it’s investing £64m to encourage them January 26, 2017 The government is keen to see people get their Lycra on and get pedalling. Transport Minister Andrew Jones has announced £64m will go towards encouraging people to cycle and walk, supporting local projects over the next three years. It forms part of a wider government package of more than £300m to boost walking and cycling [...]
The Central and Piccadilly Lines didn’t have enough trains for peak times once last month January 26, 2017 Perhaps not the best day to break this to strike suffering Central Line commuters, but they may well have suspected it anyway… There wasn't a single weekday last month when the Piccadilly and Central Lines had the required amount of trains during peak evening times. The daily service requirement at peak time for the Piccadilly Line is 79 trains [...]
HS2 announces CH2M’s European boss Mark Thurston as new chief executive January 26, 2017 HS2 has appointed CH2M's Mark Thurston as its new chief executive. His appointment comes after a five-month hunt, which considered 20 potential candidates working on projects across the globe. Thurston is currently the regional managing director overseeing CH2M's European operations and will take up his new role in the spring (after handing over leadership duties [...]
Meet the 33 tech startups set for stardom January 26, 2017 More than 30 companies have been identified as the most promising tech startups in the country and will be mentored by top entrepreneurs to help create the next wave of top British tech stars. Challenger bank Monzo, online shopping site Trouva and digital mortgage adviser Trussle are among the startups who will be mentored by Lastminute.com [...]
City of London grants planning permission for new City skyscraper, 1 Leadenhall January 25, 2017 Another skyscraper has moved one step closer to becoming part of the capital's skyline, after the City of London's planning and transport committee granted planning permission this morning. The committee approved a resolution to grant permission for 1 Leadenhall, which is set to tower over Leadenhall Market. The resolution was approved following a consultation with the [...]
Just a giant bust of Jeremy Clarkson being driven through London on a lorry… January 25, 2017 We knew Jeremy Clarkson had a big head, but now we have proof: enormous busts of Clarkson and his Grand Tour pals were spotted being transported around London on lorries today. Londoners tweeted pictures of huge stone heads of Clarkson, James May and Richard Hammond being ferried past sights including Trafalgar Square and Westminster Palace [...]
Tube drivers will stage a 24-hour strike on the Central and Waterloo & City lines from 9pm tonight January 25, 2017 Tube drivers on Central Line East will start a 24-hour strike from 9pm tonight, the Rail, Maritime and Transport (RMT) union has announced. The union said the strike, also affecting the Waterloo & City Line, will finish at 20:59 on Thursday 26 January. RMT said the dispute is over the "forced displacement" of staff. Read more: [...]
Focus On Catford: A ‘ripple effect’ from Lewisham’s regeneration has caused price rises in nearby Catford, say agents January 24, 2017 With each great regeneration comes an even greater ripple effect, so sayeth London’s estate agents. And so it is in Lewisham, where new developments and major infrastructure investment have already made the surrounding areas of Deptford and New Cross appealing to first time buyers. But now it’s the turn of Catford, where the Borough Council’s [...]