Developers behind 22 Bishopsgate skyscraper win “rights to light” battle April 5, 2016 The developers behind City skyscraper 22 Bishopsgate have won a controversial battle with neighbouring landlords over the scheme blocking their "rights to light" after City planners used special powers to override opposition. Members of the City of London Corporation Planning & Transportation committee this morning voted overwhelmingly in favour of temporarily acquiring the site under a Section 237 agreement, so [...]
Card fees for paying for London taxis removed for all passengers April 5, 2016 Those using cards to pay for their London taxis will no longer have to pay a surcharge, in a move that will help keep the industry competitive against the likes of Uber. The move means passengers should never pay more than the amount shown on the meter due to the method of payment that is used. [...]
Why the future of London’s black cabs is green April 4, 2016 London stands out as a beacon for cities all over the world. It is a city built on the strength of the diversity of its peoples, businesses, architecture and infrastructure in a process of reinvention and renewal that almost uniquely, successfully melds the old and the new. With just over a month until voting day for London’s [...]
JRP Group starts trading on London Stock Exchange following completion of Just Retirement Group and Partnership Assurance merger April 4, 2016 It's always nice to start the morning with a tale of a happy ending, isn't it? JRP Group, the result of the merger between Just Retirement Group and Partnership Assurance, started trading on the London Stock Exchange this morning. The newly-formed company, which has assets under management of more than £15bn, began its first day of trading [...]
Brussels airport reopens after attacks: What the airport said, how many flights are taking off and which routes are open? April 4, 2016 Brussels airport has reopened 12 days after suicide bombers attacked its departure hall, killing 16 people. Attacks on the airport and a Brussels metro station by the Islamic State on left 32 dead and many more injured. Airport staff gathered at Zaventem airport to watch the first flight take off after the attacks in late [...]
London black taxis vs Uber: This is cabbies’ big plan to save the industry – and they want the new Mayor of London on board April 4, 2016 London's black cab drivers want to offer superfast WiFi to passengers travelling across the capital and have taxi ranks outside every Night Tube stop as part of new efforts to keep the taxi industry competitive. Under increasing pressure from upstart Uber, a new group has been formed bringing together cab drivers, the company manufacturing black cabs – the London Taxi [...]
Transport M&A activity on track to steam past 2015 record, with more than £52bn of deals expected to complete April 4, 2016 Mergers and acquisitions (M&A) activity in the transport sector is set to increase this year, with more than £52bn of deals expected to go through. Completed deals rose for the third consecutive year in 2015 to a total of £48bn. Further transactions worth around £66bn were announced, with the sector hitting record levels. KPMG's latest [...]
Waterloo & City line shut after empty train derails April 1, 2016 City commuters were faced with a headache on Friday morning as Transport for London was forced to shut the Waterloo & City line after an empty train was derailed. The incident happened before 7am this morning but was still affecting services more than an hour later. https://twitter.com/wlooandcityline/status/715772262453010432 There was no word on when the service would [...]
City Moves for 1 April 2016 | Who’s switching jobs April 1, 2016 Squire Patton Boggs Squire Patton Boggs has announced that Andrew Herring has been appointed partner in the London office. Andrew, a well-known rail and transportation sector lawyer, will join the firm’s real estate practice, working with the global infrastructure and construction groups. He joins from DWF. He specialises in advising public and private sector clients [...]
Join City A.M. for a live mayoral debate clash March 31, 2016 There's no doubt about it, London’s mayoral election campaign is getting dirty. The two leading candidates, Labour’s Sadiq Khan and Tory Zac Goldsmith are trading blows on everything from funding pledges to character attacks. When it comes to policy, one of the central debates can be found on the age-old battleground of London politics: transport fares. [...]