Arriva accelerates across Europe May 27, 2014 BUS AND rail company Arriva has revealed a double-digit rise in revenues as it vies for more transport contracts in Britain and across the rest of Europe. Arriva, owned by Germany’s state railway since 2010, said turnover rose 12.5 per cent to €4.18bn (£3.39bn) last year, while earnings before interest, tax, depreciation and amortisation (Ebitda) [...]
Govia wins rail contract that’ll bring 10,000 more seats during rush hour May 23, 2014 The busiest rail routes in London and the South East are to get three new state-of-the-art train fleets. Govia Thameslink Railway has bagged a seven-year government contract, which includes building 1,400 electric carriages. This’ll increase capacity by over 50 per cent, supplying 10,000 extra seats every weekday into central London during the rush hour by [...]
Focus on… Ladbroke Grove: Feeling the love for Ladbroke Grove May 22, 2014 IT MAY be a small area, but Ladbroke Grove in west London is making a big impact on the property market. The area just north of Kensington and south of Paddington is a bustling collection of tree-lined streets packed with boutique shops, independent restaurants and Portobello Road Market. “It’s set itself apart from nearby areas [...]
Leeds company unveils greener red London bus May 21, 2014 A LEEDS bus builder yesterday unveiled what it hopes will be the next double-decker bus to drive on London’s streets. Optare said its MetroDecker model weighs less than 10 tonnes, compared to over 12 tonnes for the newest Routemaster – making it “extremely fuel-efficient”. “We have worked hard to assess and evaluate every part of [...]
Why the City should vote Lib Dem in the EU elections May 20, 2014 LEAVING the EU is the surest way to pull the rug out from under the City’s feet. The Square Mile is Europe’s financial centre, with twice as many euro foreign exchange deals done in London than in any other country in the Eurozone. Holding our position at the heart of Europe is essential if we [...]
Tube says trains will run over bank holiday in spite of strike May 19, 2014 TRANSPORT for London insisted yesterday that the London Underground will continue to run over the bank holiday weekend, despite union claims that a looming strike by staff manning the power controls would halt the Tube. The Unite union met with TfL officials yesterday to try to avoid a three-day walkout in protest at pay and [...]
London beats New York to best city title in PwC’s Cities of Excellence report May 19, 2014 London has knocked New York from the top spot to claim the title of best city in the world in an international survey. In a global comparison of the 30 most influential centres, the UK capital was ranked first overall and also for economic clout, technology readiness and as a city gateway; meaning it is [...]
How powerhouse London beat New York to become the best city in the world May 18, 2014 LONDON has, for the first time, claimed the top spot as a centre for business, finance and culture in Cities of Opportunity – PwC’s sixth annual index of 30 major cities internationally. The capital has edged ahead of New York since last year, with Singapore coming in third. The index covers an impressively wide range [...]
City Matters: How British companies can help Latin America unlock its huge potential May 18, 2014 THE EYES of the world are turning to Brazil as “the beautiful game” returns to its spiritual home next month. This is an exciting time for all the teams involved ahead of the World Cup, but also one filled with major challenges and opportunities – a situation not dissimilar to that facing Latin America as [...]
Easter holiday trips boost the capital’s airport traffic in April May 12, 2014 THE LATE Easter getaway helped boost traffic at London’s biggest airports in April, the owners of Heathrow and Stansted said yesterday. Heathrow traffic rose 6.7 per cent to almost 6.2m in the month, with a big increase in trips to the Middle East and Asia. In the past year, passengers numbers at Britain’s busiest airport [...]