Union leader Bob Crow passes away March 11, 2014 The 52 year old leader of the Rail Maritime Transport (RMT) union Bob Crow has passed away. He died at Whipps Cross hospital from an aneurysm and heart attack according to initial reports. Geoff Martin of the RMT said in a statement: It is with the deepest regret that RMT has to confirm that our [...]
Brown: Keep Scotland in by ceding power March 10, 2014 FORMER Labour Prime Minister Gordon Brown has called for greater devolution for Scotland, in a bid to prevent the break-up of the United Kingdom later this year. The MP for Kirkcaldy and Cowdenbeath said in a speech yesterday that the Scottish parliament should be given more power over employment, health, transport and the economy; with [...]
Costain wins £150m Crossrail contract to upgrade stations March 10, 2014 BRITISH engineering firm Costain yesterday said it had been awarded a £150m contract to provide infrastructure for suburban Crossrail stations in east London. Costain will deliver major infrastructure improvements, including upgrading the tracks and overhead electrification equipment at stations between Stratford in east London and Shenfield in Essex. The contract starts immediately, with the main [...]
Fight sells out in an hour March 10, 2014 ORGANISERS of the super-middleweight world title rematch between Carl Froch and George Groves plan an imminent release of 20,000 extra tickets, after an initial 60,000 seats sold out inside an hour yesterday. The biggest ever post-war crowd for a British fight will witness the bout on 31 May and seats priced at £30 and £40 [...]
Stanlow refinery faces uncertain future despite Essar’s denial over closure March 10, 2014 Essar Energy yesterday denied plans to close the Stanlow refinery in north west England, after City A.M. reported the plant’s long-term future was under threat due to weak margins. “Essar Energy and the entire transport fuel supply industry are working together with the UK government to improve the resilience of UK refineries and importers,” said [...]
Sorry greenbelt: London has a housing crisis and needs to build out and up March 10, 2014 IF YOU think London’s housing crisis is bad, house prices are too high, or rents are extortionate, you ain’t seen nothing yet. The capital’s population is forecast to increase by a further 1m by 2021, yet only 18,380 new homes were built in 2012-13. This is not just a social problem, with increasing numbers struggling [...]
Mix it up: From the ashes of prohibition rose the phoenix of The Last Word March 6, 2014 @philip_salter ALTHOUGH cocktails are a global passion, there can be no doubting which country has dominated over the years: the good ol’ US of A. This is despite the highly destructive prohibition on the sale, production, importation, and transportation of alcoholic beverages from 1920 to 1933. The unintended consequences of prohibition were profound – dodgy [...]
Developers secure £44m to start Shepherd’s Bush Market revamp March 3, 2014 DEVELOPERS regenerating Shepherd’s Bush market in west London have secured £44.1m from Pramerica Real Estate Investors to help kick-start the first phase of the development. Orion Shepherds Bush, a joint venture set up by Development Securities and Orion Land & Leisure, said the funds will be used to buy the market site land from Transport [...]
City Moves for 04 March 2014 | Who’s switching jobs March 3, 2014 Freshfields Bruckhaus Deringer The law firm has named London-based corporate partner Martin Nelson-Jones as co-head of its infrastructure and transport sector group. He joined in 1991 and became a partner in 2001. BNY Mellon The investment management firm has announced the appointment of Frank La Salla as chief executive of its alternative investment services business. He [...]
Capita rockets on swathe of new contracts February 27, 2014 OUTSOURCING firm Capita yesterday pleased the market with a 14 per cent rise in full-year profit, boosted by a £5.5bn bid pipeline. The FTSE 100-quoted company posted a 15 per cent rise in underlying revenue to £3.85bn and pre-tax profits of £475m in 2013. Shares rose over four per cent in the morning, before closing [...]