Airport expansion is vital for London’s prosperity – but politicians still do nothing September 1, 2014 WITH the Airports Commission widely tipped to make an announcement about Boris Johnson’s Estuary airport proposal today, it is important we take stock of what is at stake. The airports debate is about more than where to put extra planes and runways: it’s about jobs, growth and our country’s future prosperity. International connectivity is fundamental [...]
Are David Cameron’s new anti-terror measures necessary to protect the UK? September 1, 2014 Hannah Stuart, research fellow at The Henry Jackson Society, says Yes. The government is calling for increased powers to tackle the threat posed by returning fighters from Syria and northern Iraq. With a steady stream of people still leaving for Syria, and an estimated 250 already back on our streets, it’s clear that current preventative [...]
More tube strikes on the way? RMT announces overtime ban for next week August 28, 2014 The Rail, Maritime and Transport workers' union has made the latest move in its conflict with London Underground (LU) and Mayor Boris Johnson. On Wednesday, RMT staff will be instructed not to work any overtime and not to participate in development courses. The union blamed the action on LU's failure to engage over plans to close ticket [...]
City Moves for 27 August 2014 | Who’s switching jobs August 26, 2014 EY The professional services firm has announced the appointment of Randy Miller as global automotive and transportation sector leader, effective immediately. He has more then 25 years’ consulting and client service experience with EY and, formerly, with Andersen Business Consulting, where he served as global automotive sector leader. Heptagon Capital The asset management firm has [...]
London Bridge Station closure: Southern and First Capital Connect commuters forced to find alternative routes for nine day partial shut down August 23, 2014 London Bridge has partially closed as work takes place on its multi-billion pound makeover as part of the Thameslink upgrade. First Capital Connect and Southern trains will stop calling at the station for the next nine days, which is likely to affect the 50,000 commuters every hour passing through the station- one of the busiest [...]
Central and Waterloo & City line Tube strike driving outraged commuters to buses and Twitter August 22, 2014 Transport for London strikes again. City workers' travel has been thrown off course this morning due to strike action on the Waterloo & City and Central line services. The Waterloo & City line is down throughout the entire day while Central line services have been severely limited and are currently only running between Leytonstone – [...]
Record order book at £3.2bn cheers Costain August 21, 2014 COSTAIN group, the major UK construction and engineering group, announced yesterday it had achieved a record order book and solid growth in underlying profits, as it shifted its focus with more major contracts in the rail and oil and gas sectors. The forward order book for the company zoomed up to £3.2bn in the first [...]
Profile: Balfour Beatty’s chairman Steve Marshall August 20, 2014 Balfour Beatty’s chairman Steve Marshall has had a lot of practice in fighting tough battles and working to turnaround businesses. But, following his trenchant rejection of Carillion’s bid proposals, he knows he has a lot to prove to many of his group’s shareholders who would have quite liked to have at least had the chance [...]
Uber’s battle against taxi industry and regulators steps up a gear with Obama adviser on board August 20, 2014 In Uber’s relentless battle against regulators and the taxi industry around the world, a political strategist was considered a crucial element for negotiating roadblocks in the disruptive taxi service’s plans for world domination. Now the search is over, and Uber has no doubt spent a pretty penny of its billions of dollars of investment (which [...]
Cash strapped commuters brace for ticket price hike August 19, 2014 RAIL fares set by the government could rise by 3.5 per cent next year, pushing commuting costs up at much more than average earnings. Figures released yesterday showed that the retail prices index (RPI), a measure of inflation, rose by 2.5 per cent in the year to July. The government typically uses the measure plus [...]