Focus on: Kentish Town November 29, 2012 The area has become a popular choice for buyers wanting to be within close proximity of the Heath in Hampstead but whose budgets do not extend to the prices that properties in Hampstead command. There’s a lot to do in the area. Kentish Town has a buzzing nightlife and music scene thanks, in part, to [...]
Train pain for season ticket commuters November 28, 2012 COMMUTERS should brace themselves for season ticket price hikes of up to six per cent in January, despite the government’s intervention to stem inflation-linked fare rises. Passengers from Canterbury will be worst hit in percentage terms, with the price of an annual season ticket to London rising 5.9 per cent to £4,860 in the new [...]
TfL hopes to push Overground onto key suburban rail routes November 28, 2012 TRANSPORT for London (TfL) remains optimistic that it will get the go-ahead to take control of key suburban rail routes early next year. Howard Smith, chief operating officer for TfL’s rail operations, told City A.M. that he is “hopeful of coming to some conclusions in the next few months” following discussions with the Department for [...]
Gatwick looks to grow through single runway as traffic rises November 28, 2012 GATWICK executives talked up the airport’s chances of competing with London’s biggest hubs yesterday as the firm posted rising revenues and traffic. Britain’s second-biggest airport said passengers rose 1.2 per cent on last year to 19.9m in the half-year to the end of September. Turnover jumped 3.6 per cent to £325.8m, helped in part by [...]
Telford quadruples profit on the back of Olympics success November 28, 2012 EAST London developer Telford Homes yesterday reported a fourfold increase in pre-tax profits driven by a step up in demand for its properties on the back of the Olympics. The group has sold £60m of new homes at its Stratford Plaza development near Westfield shopping centre which is due to be completed in 2015. Some [...]
Who’s switching jobs November 28, 2012 Aviva Phil Pavitt has been appointed to the role of IT transformation director at the insurance group. He joins from HMRC, where he was general director of change. Pavitt has also held chief information officer positions at Centrica, Virgin Media and BT. MasterCard Will Judge has been appointed vice president for travel and transit. He [...]
…but coalition struggles with transport work November 25, 2012 AMBITIOUS plans to upgrade the UK’s transport network have become snared in political and planning delays, the British Chambers of Commerce said today. Six key projects remain stuck in the starting blocks, the BCC complained, while a further two have been scrapped for the foreseeable future. The chancellor’s Autumn Statement last year set out details [...]
Capital & Counties moves one step closer to Earls Court plan November 21, 2012 CAPITAL & Counties (Capco) yesterday cleared another hurdle after its £8bn regeneration plans at Earls Court were approved by Kensington and Chelsea council. The Sir Terry Farrell-designed scheme will see the Earls Court Exhibition Centre and several housing estates demolished and replaced with 7,500 new homes creating a “new London district”, according to the developers. [...]
John Cridland wants to get UK building again November 15, 2012 JOHN Cridland is one of the few people who could get excited by the prospect of working next to a building site for six years. The view from his office window in London’s Centrepoint building is currently a mess of cement mixers, trucks and cranes as the Crossrail construction crews set about transforming Tottenham Court [...]
India 10 years on: The rise of a tourism superpower November 11, 2012 INDIA DRAMATICALLY straddles the ancient and modern worlds: as well as having a space programme, it is home to layers of ancient civilisations, leaving an intricate cultural legacy. But an under-developed service sector used to make it difficult to enjoy India as a holidaymaker. I wanted to find out if the tourist industry was keeping [...]