Shortage of cash pushes haulier Charles Gee into administration October 21, 2013 TRANSPORT and logistics group Charles Gee fell into administration yesterday after tough trading hit the firm’s cash flow. The 125-year-old group started as a shipping charter firm in Gracechurch Street in the City of London, but has since diversified into air freight, road haulage and logistics. Recent “acute cash flow pressures” have forced management to [...]
Think tank says HS2 must link up with regions October 20, 2013 NEW research on the controversial High Speed 2 project has found that the scheme could benefit the British economy – providing it is properly joined up to the rest of the rail network. The Independent Transport Commission found that the £42.6bn link between London, Birmingham, Manchester and Leeds will help regenerate regions near the route [...]
Tech companies push ahead in UK job creation October 20, 2013 UK TECHNOLOGY companies have outpaced the rest of the private sector as a whole in terms of job creation for the past 10 years, according to a report out today from KPMG and Markit. The Tech Monitor UK report reveals that the number of jobs in the technology sector grew by 4.3 per cent in [...]
Letters to the Editor – 17/10 – Housing standards, Best of Twitter October 16, 2013 Housing standards [Re: Gold-plated rules stop Londoners getting the homes they most want, yesterday] The Create Streets team can rest assured that the mayor’s aim to raise design standards for housing in London is by no means”‘gold plating”, nor is it blocking the building of terraced housing. The London Design Guide is reversing the trend for [...]
HS2 protesters take fight to the Supreme Court October 13, 2013 CAMPAIGNERS against High Speed 2 will take their case to the Supreme Court this week in their latest attempt the derail the transport project. The HS2 Action Alliance (HS2AA) and a group of local councils will tomorrow start their latest appeal against the decision to go ahead with the £46.2bn rail link, in a case [...]
3D printing shows promise but a new industrial revolution will have to wait October 13, 2013 BY LUCK or coincidence, many of the patents involved in “additive” production technologies (or 3D printing) – invented in large part by S Scott Crump – expired in 2009, just as the financial crisis was refocusing attention towards manufacturing and “rebalancing” the economy. Now 3D printing is rarely out of the news. It’s seen as [...]
A village in the heart of London October 10, 2013 It’s a tale of two towns with Clapham, but this new property in the Old Town allows residents to sample the best of both worlds CLAPHAM is the Dr Jekyll of south London districts. By day, it’s as genteel as you like. Well-to-do mothers crowd the streets, sipping good quality coffee while gently rocking babies [...]
HS2 minister to drive Goodwill October 9, 2013 ALL aboard the ever-changing payroll at the Department for Transport. The department yesterday announced the roles of Baroness Kramer and Robert Goodwill, who joined the office as part of this week’s government reshuffle. Kramer, a former Lib Dem MP for the London constituency of Richmond Park, will have the northern legs of High Speed 2 [...]
Passengers welcome limit on rail fare increases in January October 9, 2013 PASSENGER groups have welcomed the government’s plan to cap rail fare rises at two per cent above inflation, but some have called for prices to be controlled even more tightly. Transport secretary Patrick McLoughlin yesterday lowered the ceiling five per cent in real terms, which train companies could impose as long as its overall average [...]
State-run East Coast railway returns £200m October 8, 2013 THE STATE-RUN East Coast Main Line handed more than £200m to the taxpayer last year as revenues rose. The London-to-Scotland route was nationalised in 2009 after franchise operator National Express handed back the keys early, and is due to be put back in the private sector by February 2015 – a plan that has been opposed [...]