Have you bought a car over the last year? November 6, 2012 GARY MIDDLETON LOTHBURY FINANCIAL SERVICES Yes I did buy a car – but it was a used vehicle, so it wouldn’t have affected the figures. ABBY VANN RIGHT MANAGEMENT No, I don’t need a car to get around as I live in London – I can just use the trains. The public transport in the city [...]
Knight and Barber join TfL November 6, 2012 FORMER banking advocate Angela Knight and outgoing TUC head Brendan Barber have been confirmed as new members of the Transport for London board. The pair will be joined by Brian Cooke, the former chairman of London TravelWatch and supporter of Boris Johnson. The Mayor said yesterday the trio will bring “considerable expertise” to the board when [...]
Drivers face Blackwall Tunnel toll to fund new river crossing October 30, 2012 MOTORISTS will bear the cost of a new Thames crossing in east London, Transport for London said yesterday. TfL has not set aside any money in its budget for the planned tunnel at Silvertown or a new vehicle ferry service, and said the “most appropriate way to fund the projects would be to charge a [...]
Strong UK train showing buoys Stagecoach October 30, 2012 TRANSPORT group Stagecoach said it had traded well in its first half due to a strong performance from its British rail and US bus businesses. The Perth-based company yesterday said like-for-like revenues at its British rail unit rose 7.9 per cent in the 24 weeks to 14 October, while sales at its North America coach [...]
Regeneration of London Bridge to cause five years of disruption October 29, 2012 COMMUTERS through London Bridge were yesterday warned to brace themselves for five years of daily disruption as Network Rail unveiled its plans for the regeneration of the City’s oldest station. The biggest redevelopment in the capital in a generation begins next May, and will give London Bridge the biggest concourse in the country as well [...]
Wall Street battens down the hatches for Frankenstorm October 29, 2012 US STOCK exchanges shut down their trading floors today and Wall Street firms prepared staff to work from home or regional offices as New York braced itself for the arrival of hurricane Sandy. The New York Stock Exchange said yesterday it would close its trading floor for weather-related reasons for the first time since hurricane [...]
UK ministers are failing to support business tourism October 28, 2012 DAVID Cameron recently said that, in the global battle to win jobs and contracts, he believes in leading from the front. It’s fighting talk but, when it comes to winning work for our major export businesses, Cameron and his ministerial troops are regularly absent without leave. Tourism, and that includes business tourism, is a vital [...]
Focus On: Soho October 25, 2012 BEAK STREET, W1F Price: £3.99m This corner four-bedroom semi-detached house is located near Golden Square. It stretches six floors, has three kitchens and a basement, currently used as a bar, which can be put to other use. Contact Kinleigh Folkard & Hayward on www.kfh.co.uk or 020 3280 3541 HAT FACTORY AND BEAVER BUILDING, W1F Price: [...]
Tech firms overtake financials in the City office rental market October 22, 2012 LANDLORDS in the Square Mile have seen a surge in demand from tech firms since the start of the year, with office take-up increasing by 39 per cent, according to estate agents Knight Frank. Technology, media and telecoms (TMT) firms acquired 931,000 square feet of offices in the first nine months of 2012, compared with [...]
Overseas demand boosts east London housebuilder Telford October 22, 2012 TELFORD HOMES, the London-focused residential developer, yesterday said demand from UK and overseas buyers means it will report a better-than-expected rise in first half profits. The east London housebuilder said the Olympics had helped to boost London’s profile, attracting overseas investors as well as owner-occupiers to its schemes. Foreign investors buying up property to rent [...]