Storm chaos as gale force winds hit Britain October 28, 2013 Cancelled rail services leave London and South East in lockdown as gale force winds hit COMMUTERS are facing chaos this morning after the looming storm heading towards southern Britain prompted rail companies to cancel and delay a swathe of services. While the exact timing of the worst of the St Jude storm could not be [...]
Why we should all remember the man who built Canary Wharf October 28, 2013 THREE major forces help drive progress: economic and legal institutions; people, especially risk-taking buccaneers and entrepreneurs; and chance. The creation of Canary Wharf is a case study of how all three factors interact: its rise from the ashes of the bankrupt Docklands transformed London’s economy, enabling it to build and retain a world class financial [...]
Budget for High Speed 2 to face fresh questions October 28, 2013 THE BUDGET for the controversial High Speed 2 railway is under the spotlight this week as a new business case for the scheme is published and MPs vote on a bill that allows the project to proceed. Danny Alexander, the Treasury minister, said yesterday he is “very confident” that HS2 will be delivered within its [...]
More passengers set to feel the squeeze on London’s busy buses October 28, 2013 THE CITY’S buses will become more crowded unless Transport for London adds more services to meet soaring demand, a report out today from the London Assembly claims. The assembly has called on the Mayor of London and TfL to pinpoint which routes they would improve in the coming years. The number of bus trips rose [...]
Stobart profits get boost from Autologic buy October 24, 2013 BRITISH haulier Stobart Group’s first-half revenue from continuing operations jumped 33 per cent, helped by its acquisition of Autologic Holdings in mid 2012. The company, whose Eddie Stobart trucks deliver goods to retailers like Tesco, reported an underlying pre-tax profit of £13.8m in the six months ended 31 August, up five per cent from a [...]
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 [...]