Capco property values up by a fifth to £2.3bn February 25, 2014 CAPITAL & Counties (Capco) said a strong performance from its sprawling Covent Garden estate helped push the total value of its property up by 20 per cent to £2.3bn last year. The developer, which has been bringing in new upmarket tenants including Dior, Laduree and the restaurant Balthazar, said the value of its west end [...]
TfL staff who kept services open during strike handed £25 bonus February 24, 2014 TRANSPORT for London staff who volunteered to help at stations during last month’s Tube strike have been given a £25 bonus, in a move derided as “gesture politics” by one of the trade unions. Hundreds of workers will be handed high street vouchers to recognise their efforts “over and above their day jobs”, said London [...]
Volunteers who kept the underground running during strike awarded £25 voucher February 24, 2014 London Underground Tube staff who volunteered to keep services running during this month's strike have been awarded £25 "by way of thank you." The strikes were called in response to the closure of London ticket offices and plans to cut 750 jobs. The Transport Salaried Staffs Association (TSSA) said the volunteers were awarded £25 for [...]
Heathrow noise row stoked by new claim that 1m are affected February 23, 2014 HEATHROW is braced for a noisy argument this week as a new report is set to state that more than 1m people are irritated by plane noise from the west London airport, far more than the figures claimed by the airport and the government. Academics will say that people are annoyed by noise above 50 [...]
Giant panda numbers are up: see them in Chengdu February 23, 2014 They famously eat shoots and leaves. LISA YOUNG gets up-close and personal with the Chinese city’s most famous residents IT’S a warm August morning, the time of year when the sizzling Chengdu summer gives way to cooler climes. Chengdu sits in a fog-filled bowl 500 metres above sea level in the Sichuan Province of south [...]
Shell offloads Italian retail unit to Kuwait February 20, 2014 FTSE 100 oil major Dutch Shell yesterday said it will sell its Italian retail, logistics and aviation businesses to Kuwait Petroleum International. Under the agreement, Shell’s retail network of over 830 service stations in the country will be rebranded to Q8. No value was disclosed for the deal, which is subject to regulatory approval and [...]
Buses beat goals at Go-Ahead but train earnings near a cliff February 20, 2014 GO-AHEAD’S bus business is growing revenues, though returns from the firm’s rail franchises are suffering as the contracts near their end dates. The transport group said yesterday its revenues rose 5.7 per cent to £1.37bn for the six months to 28 December, while pre-tax profits jumped 30.8 per cent to £40.3m. Margins were also higher, [...]
How Uber takes over a city in just four days February 19, 2014 Uber’s global expansion has exploded bringing the service to 74 cities since the start of 2011 – the ride-hailing app added 13 new cities in just the first 50 days of 2014 alone – and spearheading this rapid growth are a crack team known as launchers. Described as a blend between US Navy Seals and [...]
How Uber takes over a city in just four days February 19, 2014 Uber’s global expansion has exploded bringing the service to 74 cities since the start of 2011 – the ride-hailing app added 13 new cities in just the first 50 days of 2014 alone – and spearheading this rapid growth are a crack team known as launchers. Described as a blend between US Navy Seals [...]
City Matters: Why opponents of City development ignore our true Victorian heritage February 16, 2014 GUILDHALL is currently playing host to a public inquiry that has major ramifications for planning in the Square Mile and London. The future of the derelict Smithfield General Market and Annex (not the operational meat market next door) – or Smithfield Quarter for shorthand – is under deliberation. The secretary of state for local government [...]