London mayor Sadiq Khan must axe “empty” Oxford Street buses to push ahead with pedestrianisation September 5, 2016 Plans to ban vehicles from Oxford Street must begin with a dramatic reduction in “empty” bus services through the crowded area, according to the London Assemby's transport committee. London mayor Sadiq Khan has made pedestrianisation of Oxford Street a key part of his mayoralty, and his hoping to complete the project by 2020. However, critics [...]
As more and more airlines launch new routes to Iran, this increasingly open country is fast becoming a popular tourist destination September 2, 2016 T he Islamic Republic of Iran is a destination rarely found near the top of travellers’ bucket lists. It is, after all, ruled over by a strict theocracy, one in which police patrol shopping malls to enforce a mandatory dress code, and social media continues to be blocked across the country. Yet in the cities, [...]
FTSE 100 ends the week tantalisingly close to 7,000, pushed up by pharma – as housebuilders regain losses September 2, 2016 The FTSE 100 ended the day at 6,894.6 points – 2.2 per cent higher, and within spitting distance of that 7,000 mark. The index was pushed up by pharmaceutical and mining stocks, with Hikma Pharmaceuticals leading the pack, jumping 5.2 per cent to 2,185p. That was followed by Unilever, which rose 3.8 per cent to 3,663p – [...]
New generation of artisan brewers emerging in Edinburgh September 2, 2016 Edinburgh's heritage has a long association with breweries. Throughout the history of the city, brewing takes its place as one of the oldest and most important industries. At the turn of the 20th century the city was home to no fewer than 35 breweries. More than a hundred years later, the city’s rich traditions are giving rise [...]
Scooters in the City: A quick way to kill your credibility September 2, 2016 In this sprawling metropolis, it’s not often you notice the same person twice outside of your normal routine. But nearly every morning I see this same chap: well groomed, early 30s, nicely cut suit – you know the type. In fact you might even be him, or umpteen others like him. He wouldn’t stand out among the [...]
City Moves for 2 September 2016 | Who’s switching jobs September 2, 2016 Noble Foods Group John Gildersleeve has been appointed chairman of Noble Foods Group. John will oversee the implementation of the group's growth strategy for diversification and acquisitions. John spent 20 years on the Board of Tesco during its period of rapid expansion. Currently he is the chairman of British Land, a FTSE top 50 property [...]
An embarrassment, a bailout and a failing franchise: Politicians blast Southern’s £20m funding deal September 1, 2016 Politicians from City Hall, the House of Commons and the House of Lords have blasted £20m of new funding for Southern Rail, announced earlier today. The Department for Transport (DfT) revealed the cash as part of a package of measures to improve performance on the lines. It will also see the appointment of a new project [...]
Uber wins judicial review of English tests for drivers and other new rules September 1, 2016 Uber has succeeded in the first stage of its legal challenge against new rules on English language tests for drivers in London after the high court today approved a judicial review. The billion dollar startup argues the English exam, which it claims is tougher than the test for British citizenship, is discriminatory and contravenes the Equality Act. City A.M. exclusively revealed in August that [...]
Three at 3: The three stories you need to read right now September 1, 2016 A WhatsApp-only mobile SIM has arrived in the UK Having just received some investments to fund its international expansion, the company behind the new SIM card offers its users with some appealing perks, making it a likely rival to other network providers. It is likely to be a hit as instant messaging online is the [...]
Department for Transport unveils £20m plan to get Southern back on track September 1, 2016 Transport secretary Chris Grayling has unveiled a package of measures aimed at improving the performance of the Southern rail network and restoring passenger confidence. The new measures include a £20m fund and the appointment of one of Britain’s most experienced rail industry figures, Chris Gibb, to help get the service back "running as it should". London [...]