London 2050: How £1.3 trillion needs to be spent on infrastructure in the next 35 years July 30, 2014 London Mayor Boris Johnson has outlined ambitious investment plans to improve the capital’s infrastructure which could require £1.3tn of spending from now until 2050. As London’s population continues to expand, the “London Infrastructure Plan 2050” outlines the spending needed for the capital to remain one of the world’s leading cities. Transport and housing make up [...]
Boris Johnson promises ultrafast 5G mobile data in London by 2020 July 28, 2014 Tomorrow Mayor of London Boris Johnson, will promise that London will be one of the first cities in the world to offer the next generation of ultrafast mobile connectivity (known as 5G) by 2020. Johnson’s pledge comes as part of his London Infrastructure Plan 2050, which will set out the infrastructure requirements for the [...]
Would you ride a Boris Bike to Paris? This guy just did July 28, 2014 It's designed for leisurely cycles around the city and short commutes between tube stations not epic cross-country journeys, but one man decided the Boris Bike was destined for greater things beyond the confines of Zone 6. Richard Jordan has cycled 250 miles from London to Paris on a Boris Bike, despite it being probably the [...]
Chelsea Harbour: more than a marina July 24, 2014 Most people move out to the suburbs in search of more space and a cosy, village-like community. But Chelsea Harbour, a small marina on the north bank of the Thames, could be London’s inner city equivalent for wealthy residents looking for peace and quiet, but with all the transport benefits of living in Zone Two. [...]
London property market: So you think you know Chelsea? July 24, 2014 Everyone thinks they know Chelsea. Even if you don’t live there, you have an idea of it. The term Sloane Ranger was used in the 80s to describe a certain breed of socialite that lingered around the King’s Road, and reality TV show Made in Chelsea has brought the stereotype back into the public eye. [...]
Why I’m on a mission to open up London’s iconic skyscrapers to the public July 24, 2014 This is an exciting time for Londoners; we live in one of the world’s great cities, and one that is changing more rapidly than at any time in its history. This change is evident all around us, as new places and spaces appear, new buildings replace old, and London’s parameters are re-defined. I launched Open [...]
Fresh contracts worth £1.3bn boost Capita’s first-half revenues July 23, 2014 A STREAM of major contract wins, including a £145m deal with Transport for London, helped outsourcing firm Capita’s profit to soar in the first half of the year. The FTSE 100-listed firm said yesterday that it secured £1.3bn in new contracts over the period, including a 10-year £400m agreement to support the management of the [...]
Capita’s bid pipeline swells to record £5.7bn as private sector strengthens July 23, 2014 Outsourcing company Capita has announced a total of £1.3bn of major contract wins in the first half of this year, as its major contract win rate has exceeded 66 per cent. Chief executive Andy Parker says that the firm's financial results have been "good", describing the start to the year as "an excellent sales period" [...]
TfL commissioner and Crossrail chief among top London bureaucrats set for pay probe July 22, 2014 Top bosses tasked with running London could be facing tough questions over their pay today, as a committee of politicians prepares to investigate excessive salaries. Andrew Boff, a Conservative member of the Greater London Authority oversight committee, is calling on Mayor Boris Johnson to curb the amount top bosses are paid, after it emerged that [...]
London’s King of Mining Ian Hannam forced to pay £450K fine July 22, 2014 City heavyweight Ian Hannam must pay his £450,000 fine for insider dealing by 7 August, the Financial Conduct Authority (FCA) ruled yesterday. Former JP Morgan rainmaker’s fall from grace sent shockwaves through the square mile when he was accused of wrongly disclosing confidential information to Iraqi Kurdistan’s oil minister, relating to client oil firm Heritage in 2008. [...]