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. [...]
European Court of Human Rights rules that UK prosecutors correct not to charge officers in Jean Charles de Menezes police shooting case March 30, 2016 The European Court of Human Rights (ECHR) has today decided, by 13 votes to four, that UK prosecutors were correct not to charge individual police officers over the fatal shooting of Jean Charles de Menezes. De Menezes, a Brazilian national, was fatally shot in July 2005 at Stockwell tube station when police mistook him for a suicide bomber. The [...]
Gett is buying black cab firm Radio Taxis March 30, 2016 On-demand black cab app Gett is buying up a long-established black cab fleet, upping its stake in the battle for London's roads. Gett has made an all-cash offer for Radio Taxis owner Mountview House Group. It's understood to be a multi-million pound deal, however, the terms and value have not been disclosed. "Radio Taxis has a long, proud history and we [...]
London mayoral election 2016: Zac Goldsmith and Sadiq Khan square off over Transport for London (TfL) fares and services March 30, 2016 Conservative mayoral candidate Zac Goldsmith and his Labour rival Sadiq Khan will square off today over their plans for public transport in the capital, with Goldsmith vowing to protect investment in Transport for London (TfL) and Khan accusing the Richmond Park MP of planning to raise TfL fares by 17 per cent. Goldsmith is set to [...]
How does London sound? The urban soundscape of the capital, mapped in one stunning visualisation March 29, 2016 It's the sights and sounds around us which make the city feel like the city – the beeps of the Tube door trains or the chatter of tourists – but while a traditional map can guide us around the must-see landmarks and landscapes, what about those sounds? This question has led researchers to chart and map in intense detail the sounds of the city, creating an urban [...]
Easter weekend travel: Passengers describe “chaos”, “hell” and “horrific” scenes across London’s busiest train stations March 25, 2016 It wouldn't be Easter without Londoners sharing their troubles from the capital's transport hubs. And this weekend has proved no exception so far, with travellers complaining of "total chaos" at St Pancras, “horrific” scenes at Euston and “hell” at Paddington. Read more: Why your Easter travel plans may be disrupted The government warned yesterday that delays would be [...]
Letting agent in Kent puts too much faith in City commuters, after claiming it only takes 25 minutes to get to London March 23, 2016 A letting agent in Kent has raised City worker's eyebrows, underestimating the commute from Sevenoaks to the financial district as it plugs a new block of flats up for sale. The agent claims that you can get from its latest new-build to London Bridge in less than half an hour, but City commuters say that's not physically possible. [...]