Tube strikes January and February 2016: Drivers’ union Aslef confirms its members will strike alongside RMT this month January 11, 2016 Transport for London and business groups have slammed unions for committing to a further three strike dates, which will bring the capital's Tube system to a standstill yet again. Aslef has confirmed it will join RMT in striking on three dates, after the unions dismissed yet another pay deal put forward by transport bosses. The drivers [...]
Multiple injuries reported in Parliament Square bus crash as London Ambulance Service declares it a “significant incident” January 11, 2016 The London Ambulance Service has declared a significant incident after three buses collided in Parliament Square this afternoon. A number of injuries have been reported and the collision has brought the area to a standstill. "Multiple resources" from the London Ambulance Service responded to the incident, which appears to have taken place near to some roadworks. Crews were [...]
Tube strikes 2016: London mayor Boris Johnson and Zac Goldsmith slam Sadiq Khan over union support January 11, 2016 London mayor Boris Johnson has slammed Labour's City Hall hopeful Sadiq Khan, calling him a "tool" of the unions after Khan blamed Johnson for an increase in industrial action on London's Tube and buses. Johnson attacked Khan for failing to condemn the latest round of strikes, saying he is "entirely motivated by the self-interest of union [...]
Eat and London Luton airport owner Ardian Private Equity closes the largest ever European infrastructure fund worth €2.65bn January 11, 2016 Ardian, the French private equity house whose investments include restaurant chain Eat and London Luton airport, has closed its infrastructure fund with €2.65bn (£1.98bn) of investment. It is Ardian's fourth infrastructure fund, and is the largest such fund raised by a European firm, surpassing Ardian's third fund by 50 per cent. Some €900m came from new [...]
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, [...]