Heathrow ‘open and fully operational’ after disruption caused by power outage March 22, 2025 Heathrow Airport said it is “open and fully operational” on Saturday after the airport was shut over a loss of power caused by a substation fire. Flights resumed at the west London airport on Friday evening and restrictions on overnight flights were temporarily lifted following hours of closure, after a blaze knocked out an electricity [...]
Lloyd’s reinsurer secures landmark Ukraine reinsurance facility March 21, 2025 MS Amlin, a Lloyd's reinsurer, has secured a reinsurance scheme that could provide up to €1bn (£830m) in annual coverage for Ukraine SMEs
Bolt sends £200m warning to Reeves ahead of Uber VAT ruling March 21, 2025 Ride-hailer Bolt has sent a stern warning to Rachel Reeves over government inaction on a possible 20 per cent VAT hike for taxi firms. City AM understands the mobility firm has written to the Chancellor warning it has withheld £200m of investment in the UK over the last three years as ministers dither over the [...]
Passengers urged to stay home as Heathrow closed following electrical fire March 21, 2025 Heathrow airport will be closed for all of Friday, after a large electrical fire at a nearby substation. Passengers are being urged not to travel to Europe’s busiest airport, with the website FlightRadar24 reporting that at least 1,300 flights will be cancelled. In the surrounding area in West London, around 150 people have been evacuated [...]
‘I lament the pairing of trainers with suits’: Cheaney shoes’ Jonathan Church on swapping banking for brogues March 20, 2025 Church's shoes Jonathan Church is a veteran of the British footwear business. He tells us why he swapped banking for brogues.
Exclusive: Top transport civil servant who oversaw HS2 to step down March 19, 2025 Dame Bernadette Kelly, the top civil servant at the Department for Transport (DfT), is to step down after nearly eight years in the role. A Whitehall veteran with four decades of experience, Kelly was appointed permanent secretary in April 2017 following a stint as director general of the DfT’s rail group. She led work on [...]
Growing aviation does not conflict with protecting the environment, says transport secretary March 19, 2025 Growing the UK’s aviation sector is not a trade-off against protecting the environment, the Transport Secretary has said. Speaking at the annual dinner of the trade association AirportsUK, Heidi Alexander said she will “never accept the false trade-off” that pits the two issues against each other. The UK government has placed airport expansion at the [...]
Regeneration of iconic east London Gasworks gets green light March 17, 2025 The redevelopment of Bromley-by-Bow gasworks, set to create more than 2,000 homes, has been given the go ahead by Newham council. Berkeley Group company St William, in collaboration with Historic England, will invest millions in turning the 23-acre brownfield site into a multi-use residential and public space. St William’s managing director, Dean Summers, called it [...]
Eat, drink, sleep, repeat: Best Japanese restaurants in London March 12, 2025 Last week I was busy spending time dining charitably with sporting heroes. It began by sending Shawsey off on his ‘Legends of Telemark’ mission (he raises funds for MND) with a lunch where beautiful beef wellingtons reigned. It took place in the company of former Scottish international, Ryan Wilson at the Black Lamb in Wimbledon [...]
Balfour Beatty: Investors cash in as orders swell March 12, 2025 Balfour Beatty has hiked its dividend after the construction giant reported a bumper year. On Wednesday, the London-listed firm recommended a final dividend per share of 12.5p, up nine per cent from last year’s 11.5p. Basic earnings per share also rose from 34.2p to 43.6p. Balfour Beatty is also in the process of a multi-year [...]