FirstGroup’s Great Western contract win puts transport giant back on track March 23, 2015 After a string of disappointments, rail operator FirstGroup has at last had a bit of good news. Light appeared at the end of the tunnel for rail operator FirstGroup yesterday, with shares jumping 4.16 per cent after the company announced that its First Great Western franchise has been extended for another four years. Shareholders [...]
Suspected unexploded WWII bomb found near Tower Bridge March 23, 2015 A suspected unexploded bomb from the Second World War has been discovered at a building site near Tower Bridge. Police and fire crews are attending the incident in the area of Henley Drive and Grange Walk in Bermondsey around half a mile from Tower Bridge. LATEST: In pictures – The army is disarming the Tower [...]
FirstGroup share price edges up after securing Great Western rail franchise March 23, 2015 FirstGroup's share price edged up this morning after it announced a deal with the Department of Transport (DfT) to operate the First Great Western rail franchise all the way through to 1 April 2019. The deal could be extended by a year at the DfT's discretion. After losing a series of bids for rail franchises [...]
WATCH: 560,000 London Underground journeys animated over a day March 21, 2015 What do London Underground's journeys look like when animated over the course of 24 hours? Well, thanks to Will Galia, we now have the answer. Galia has created a visualisation of 560,000 journeys on the Tube. All of the points moving around London's multi coloured network represent a someone's movements over the course of a [...]
Budget 2015: Here are George Osborne’s best quotes plus his Budget speech in full March 18, 2015 George Osborne's final Budget during this parliament had few surprises but plenty of great quips, including – to the dismay of bookies everywhere – a quip about Ed Miliband's now-infamous second kitchen. Here's a selection of our favourites from today's big speech. (Source: Getty/City A.M.) (Source: Getty/City A.M) (Source: Getty/City A.M.) [...]
Budget 2015: The stories that broke during George Osborne’s speech March 18, 2015 The announcement of the UK government’s annual budget is one of the biggest dates in the financial calendar. City hacks' ears were tuned into George Osborne’s speech this lunchtime, as eyes were glued to Twitter for all the breaking hot takes on the chancellor’s tie colour and fingers were madly typing away to produce a [...]
Housing Zones: How we’re using creative partnerships to build homes for London March 16, 2015 This week, thousands will gather in Westminster for the Homes for Britain rally. They are calling for the housing crisis to be solved in a generation by building more homes, with the challenge symbolised by a giant key being passed between campaigners from Land’s End to London. This week the key reached Lewisham, at a [...]
Focus on Battersea: Home of dogs, cats, families and riverside living March 12, 2015 Battersea’s venerable institutions – from its power station to its Dogs and Cats Home – often overshadow its considerable success as a residential destination. While houses easily soar over the £1m mark in this part of south-west London, UK buyers still account for 76 per cent of the market, 80 per cent of whom use [...]
Take a risk, invest in Ukraine says Kiev’s ex-boxer mayor Vitaliy “Iron Fist” Klitschko March 12, 2015 With the usual enormous Russian pavilion conspicuous by its absence at this year's Mipim property bash, Russians have all but deserted the event this year – but their warring partner Ukraine has arrived in force, with Kiev mayor and former world champion boxer Vitaliy Klitschko flying in yesterday to persuade institutions to invest in the [...]
Here are the eight new 20mph zones that Transport for London is introducing this year March 12, 2015 London is about to get eight new 20mph zones as Transport for London attempts to cut road casualties by 40 per cent in the next five years. The first confirmed location will be Commercial Street in Tower Hamlets, with the limit coming into force in April. The pilot will run for 18 months and will [...]