The City must work with the rest of the capital to keep London on top January 11, 2016 The City and the boroughs of London are intimately connected. Not only do around 400,000 Londoners travel to work in the City every day, but many also come to visit the Square Mile’s bars, shops, museums and galleries throughout the week. On Thursday, 100 of the top figures in London government, including the mayor of [...]
New mobile challenger bank Starling Bank gets $70m investment as Pinsent Masons finds 38 per cent of Londoners would consider using payment apps January 11, 2016 A new British bank focused exclusively on current accounts has secured a $70m (£48m) investment from an American investor. Starling Bank, which applied to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) at the end of last year for a banking license, announced the latest funding round today. Commenting on his $70m [...]
If we all budge up, we can house a growing London January 10, 2016 Londoners now take for granted the facilities, amenities and urban buzz of which they are a part. With that comes a rising population and urgent need for more housing. It’s hard to imagine that there were five decades before 1984 when London, along with cities across the western world, were depopulating. This depopulation coincided with [...]
Tube strike 2016 dates: Fresh three day strikes by Aslef union drivers set to go ahead in Night Tube row January 10, 2016 Update: RMT has confirmed three 24-hour strike dates. Get the latest here. Fresh strikes by London Underground drivers look set to go ahead as the long-running row over Night Tube working conditions continues. Executives of drivers' union Aslef are expected to call for three days of strikes tomorrow, starting as soon as this month, in the dispute [...]
Tube strikes 2016: TfL blasts “absurd” Tube strikes by Aslef January 10, 2016 Update: Aslef has now confirmed three days of strikes will go ahead, as has RMT. Transport for London has branded three days of fresh walkouts by London Underground drivers over the Night Tube "absurd". Aslef is tomorrow expected to decide that strike action will go ahead, disrupting Tube travel for 24-hours on three separate days over the next [...]
Focus On Croydon: The affordable South London hotspot that’s getting a £1bn facelift January 8, 2016 If there’s one thing we learnt from the London property market in 2015, it was not to underestimate the outer boroughs. Some of the largest house price growth increases were to be found in these supposed backwaters. Growth in places like Haringey and Hillingdon far outstripped traditionally prime areas like Kensington & Chelsea and Camden, [...]
Delays on Piccadilly Line, District Line and London Overground as trio of signal failures hit at Hammersmith, Upminster and Enfield while broken train causes chaos on Southeastern services January 8, 2016 Commuters faced delays on several Tube and train lines this morning, thanks to a trio of signal failures as rush hour started. The entire Piccadilly Line was suffering from severe delays, after a signal failure at Hammersmith disrupted the route. The failure, which occurred early this morning, had originally knocked out the service between Hyde [...]
Waterloo & City line Tube delays: Normal service resumes on the line January 7, 2016 The Waterloo and City line has resumed service after commuters faced travel misery on their way from the office when a signal failure cause a suspension. Following the incident, which occurred at Bank just after 5.30pm, Transport for London is urging travellers to use the Northern, Bakerloo or Jubilee lines instead: https://twitter.com/wlooandcityline/status/685155890752794625 TfL has since announced: [...]
The remarkable rise of east London: Zone changes signal a shift in the capital’s economy January 7, 2016 Amid the January gloom, rail commuters began their somewhat subdued return to work this week. Alongside headlines on fare increases and improvement works, a more unusual move was announced: a change to London’s fabled Tube map structure. Stratford and a clutch of other east London stations – largely in the borough of Newham plus Tower [...]
London facing more Night Tube strikes as unions threaten action – while insiders believe project will “wither on the vine” January 6, 2016 Commuters are facing the prospect of more Tube strikes this year, after the dispute over the Night Tube flared up once again – with one union source telling City A.M. that the project may never get off the ground. Transport unions RMT and Aslef have both flexed their muscles with threats of further industrial action [...]