DHL Express launches helicopter delivery service between London’s Heathrow airport and Canary Wharf January 21, 2015 You know what it’s like. You land at Heathrow, those all important M&A dealsheets from Asia all set to be whisked off to your boss when – shock horror – the Piccadilly Line goes down. If only I could fly them there, you think, then we’d be first on the deal and I’d get my [...]
Bouncing around: How Londoners can save Vauxhall’s Bounceway January 21, 2015 THE CHARITY behind plans to install the world’s longest open-air trampoline says the project can bounce back – but only with the support of Londoners. Architecture for Humanity told City A.M. the project – which it hopes to install on Laud Street, in Vauxhall – could still become a reality, but only if there’s enough [...]
Uber raises $1.6bn from Goldman Sachs clients January 21, 2015 Uber has raised $1.6 billion in financing from the clients of Goldman Sachs’s private wealth arm, adding even more cash to its ever-expanding pile. This comes months after the popular taxi-app raised $1.2 billion from big institutions, and one investment valued the company at a weighty $41.2 billion, the Financial Times reported. The cash will be used [...]
DHL’s new helicopter service will fly deliveries to Canary Wharf January 21, 2015 (Source: DHL Express UK) DHL Express has launched a helicopter service which will fly deliveries between London's Heathrow airport and Canary Wharf, whittling down delivery times by skipping traffic jams. The chopper will enable important documents to be transported between DHL's Heathrow base and the City in just 20 minutes, down from the two hours it [...]
Time to bounce back? How Londoners can save the “Bounceway” January 21, 2015 The charity behind plans to install the world's longest open-air trampoline says the project can bounce back – but only with the support of Londoners. Architecture for Humanity told City A.M. the project – which it hopes to install on Laud Street, in Vauxhall – could still become a reality, but only if there's enough support for [...]
World’s longest urban trampoline to bounce back? Bounceway “could still be crowdfunded”, says TfL January 21, 2015 This is one opportunity London's transport boss didn't jump at. Having bounced the idea around, "the world's longest open air trampoline" has been turned down by Sir Peter Hendy, the man holding Transport for London's (TfL) purse strings. But that doesn't necessarily mean the dream is over: the group behind the "Bounceway" is still mulling [...]
LondonMetric buys Eddie Stobart shed January 20, 2015 LONDONMETRIC said yesterday it has bought an east London warehouse leased out to logistics group Eddie Stobart for £56.5m. The property group said it acquired the 28-acre site in Dagenham from Meaalofa Developments Holdings. It is let entirely to Eddie Stobart at a rent of £3m per year for 17 years from August 2014. The [...]
After weekend of chaos, more delays on Eurostar following fire near northern Paris suburb January 19, 2015 Minor delays occurred on the Eurostar again today following another small fire in Paris. On Saturday, a lorry caught on fire on the French side of the tunnel and resulted in trains being cancelled for the rest of the day. In order to accommodate travellers who could not use the train services they [...]
London’s new crisis: A shortage of offices will do immense damage January 18, 2015 If London is to reach its economic potential in 2015 and beyond, its office space must be protected. Otherwise, the lack of affordable housing in the capital will be matched by a lack of affordable office space. The crisis in the provision of housing for Londoners is an undeniable issue; for London to remain a [...]
The lion, the wallabies and the scorpion: Some of the strangest animals to have roamed the streets (and motorways) of London January 16, 2015 In the US, deer have been giving up woodland life for urban environments at an unprecedented rate. In fact, the number of deer moving to New York has increased by an estimated 3,304 per cent in the last six years. Why are they going there? No one really knows, but they are turning [...]