Firms to Osborne: Don’t leave the capital behind September 8, 2015 BUSINESSES in the capital have urged the government to remember London when pushing for greater devolution of decision-making powers to local authorities. In an official submission to the Treasury ahead of November’s comprehensive spending review, the London Chamber of Commerce and Industry (LCCI) said that London should not be “overlooked”. LCCI chief executive Colin Stanbridge [...]
Mayoral race 2016: Homes for Londoners is the key to solving the housing crisis, claims Tessa Jowell September 7, 2015 London’s housing crisis isn't just a problem for the hundreds of thousands in temporary accommodation or stuck on housing waiting lists, or the young people unable to afford a deposit or exploited by rogue landlords. It’s a problem for our whole city. For London to continue to thrive we have remain an attractive proposition for [...]
London property focus on North Greenwich: Affordable homes by the riverside September 4, 2015 Fancy a night out in North Greenwich? No, not that one with the market, the chapels, the observatory and the ship. The other one with the O2 Arena and… not much else. It’s a hard sell, truth be told, so imagine how much harder it must be to convince someone to live there. Once a [...]
Night Tube series: Top seven places to buy a house in London along the Jubilee Line September 4, 2015 With the Night Tube delayed for the time being, now is the best time to consider buying in an area that’s set to benefit from it. Research shows that when new transport links come in, house prices only rise once the trains start running so it’s worth taking a punt before the asking prices shoot [...]
Rail operations drive Go-Ahead’s overall profits up despite losses September 4, 2015 TRAFFIC jams were partly to blame for transport company Go-Ahead’s 13.7 per cent drop in pre-tax profits. The FTSE 250 company, which runs London buses and the GTR, London Midland and Southeastern rail franchises, released its full-year results yesterday that showed earnings per share were down 25.9 per cent, or 42.2p, from 2014. Despite a [...]
Baby brokers? Londoners don’t feel grown-up till they reach 30 September 3, 2015 Are Canary Wharf brokerages overrun with kids? New research has revealed that despite the legal age of adulthood being 18, the average Londoner doesn’t count themselves as a “grown-up” before they’re 30. As an increasing number of City firms hires new recruits straight from school at 18, a new survey of 2,000 young adults has [...]
IPPR: Investing in the North of England could lead to Victorian-style growth – but without it, it will be “condemned to mediocrity” September 3, 2015 The economy of the North of England could grow at a scale "not seen since the Victorian era of municipal development", a new report has suggested – but without the investment it needs, the region will be "condemned to mediocrity". The report, by the Institute for Public Policy Research (IPPR) North, showed the "massive potential" [...]
RBS boss suits up with workers for 500-mile slog around the UK September 3, 2015 THE NIGHTS are getting longer and the weather less pleasant, but there’s no slowing down for RBS boss Ross McEwan. He’s planning to team up with hundreds of the bank’s staff to cycle 500 miles from London to Edinburgh. RBS, which yesterday announced its partnership with Sport Relief 2016, is getting 750 staffers to cycle [...]
Fossil Fuel divestment: The feel-good climate change policy that would undermine public pension funds September 2, 2015 Most would agree that climate change could pose a threat to the economy. However, measures to combat it will ultimately prove counter-productive if they conflict with the interests of the taxpayer. Forcing government to pursue losses from taxpayer-funded investments in the name of environmentalism, for example, would be an obvious misuse of public [...]
Overcrowding and smelly people: These are Londoners’ biggest commuting complaints September 2, 2015 Rush hour traffic. Getting your face crammed into someone’s sweaty pits. Delays (or strikes…). Screaming toddlers. The list of our commuting woes could go on, but let’s stop there for the sake of everyone’s blood pressure. Londoners spend 18 months of their lives commuting. Our daily journey to and from the office is a necessary [...]