City Moves for 2 December 2016 | Who’s switching jobs December 2, 2016 Crowe Clark Whitehill National audit, tax and advisory firm Crowe Clark Whitehill has appointed Jim Gee as head of forensic and counter-fraud services. With more than 25 years’ experience, Jim has worked with clients all over the world in key sectors including healthcare, natural resources and insurance. He joins the firm from PKF Littlejohn. Jim was [...]
Severe delays on Circle Line due to signal failure December 1, 2016 The Circle Line is subject to severe delays this afternoon due to a signal failure at Gloucester Road station. There is no service between Aldgate and Edgware Road in the clockwise direction, with severe delays on the rest of the line. Transport for London said tickets will be accepted on London buses within zone 1 [...]
Cyclists on Blackfriars Bridge up 55 per cent since introduction of cycle superhighway December 1, 2016 Since the construction of the North-South cycle superhighway, the number of cyclists on Blackfriars Bridge has increased by 55 per cent during peak periods. They now account for up to 70 per cent of all the traffic on the bridge at the busiest times, according to figures from Transport for London. And on the East-West superhighway, [...]
Transport for London hits back at Chris Grayling’s dismissal of Heathrow costs December 1, 2016 Transport for London (TfL) has hit back at the transport secretary, after he branded its cost estimates for rail and road improvements around Heathrow expansion "ludicrous". The Airports Commission had estimated that surface infrastructure changes would cost £5bn, but TfL responded by saying the figure underestimated the cost and required changes would cost in the realms of [...]
Chris Grayling has called TfL’s Heathrow expansion cost estimates “ludicrous” December 1, 2016 Chris Grayling has called Transport for London's (TfL) predicted costs for improving road and rail links for the Heathrow expansion "ludicrous". Giving evidence to the Environmental Audit Committee on Heathrow's third runway, the transport secretary discussed warnings from TfL that making such improvements could cost up to £20bn. The Airports Commission has estimated surface infrastructure changes [...]
The super prime rental market in the Home Counties is booming on the back of stamp duty changes November 30, 2016 London's luxury property market has been suffering after the government increased stamp duty on high-end homes – but the rental market is booming in the Home Counties on the back of the decision. According to research by Knight Frank, the number of tenant viewings for super prime properties – homes worth over £15,000 per month – has doubled year-on-year [...]
Cycling groups pedal away with £190,000 in Transport for London funding November 30, 2016 Not everyone thinks the prospect of cycling in London is an appealing one. You have to brace yourself for congestion, wayward pedestrians and angry drivers as all part of the experience. But Transport for London (TfL) wants to encourage more people to take it up and has plugged £190,000 into 46 cycling groups. It has [...]
Addison Lee pumps £7.5m in to training after splashing out on new cars November 29, 2016 London private car hire firm Addison Lee is pouring £7.5m in to driver training. The company – which is battling against US upstart Uber for market share – claims it’s the largest ever private investment in driver training in the industry. The fresh spending follows Addison Lee plugging £17m into new cars earlier this month, purchasing [...]
TSSA union members vote in favour of more industrial action November 29, 2016 London Underground workers in the TSSA union have voted in favour of striking, the union announced today. In a ballot of 237 members, with 235 valid papers returned, 159, or 67.7 per cent, voted in favour of a strike, with 76 – 32.3 per cent – voting against. When asked whether they would be prepared [...]
Traffic congestion costs London businesses £237m each year November 29, 2016 Congestion in the capital has long been a bugbear for drivers, passengers and residents alike. And TomTom's Traffic Index, which measures congestion on the roads in 295 cities, has found it's also proving costly for London's businesses. Research it conducted noted that traffic in the capital increases the time each vehicle spends on the road [...]