US school buses boost National Express sales May 1, 2012 TRANSPORT firm National Express Group said it had traded well in the first quarter of 2012, driven by strong growth at its rail and North American school bus businesses. National Express said yesterday revenues at its C2C commuter rail service, which runs into central London, grew 10 per cent in the first three months of [...]
Olympics won’t come to rescue of UK economy May 1, 2012 THE OLYMPIC Games will provide only a “temporary fillip” to corporate earnings and fail to lift the UK from its economic stagnation, according to a study released yesterday by Moody’s. The impact of Olympics-related infrastructure developments has “probably already been felt”, Moody’s said. In 2005 the government calculated the economic net benefit of the event [...]
Moody’s says Olympics will give UK economy minor boost May 1, 2012 The Olympic Games in London this summer will likely provide only a temporary boost to corporate earnings, credit ratings agency Moody’s said. Britain, which went back into recession at the start of 2012, has spent nine billion pounds building the Olympics venues in east London and hopes the Games will be a catalyst to help [...]
SHOULD BORIS BE GIVEN POWER TO RUN THE COMMUTER TRAINS? April 30, 2012 NICK CUMMINS MIKI TRAVEL I don’t think the Mayor of London should be extended that kind of power. He’s already got plenty to sort out with Transport for London’s current services. Then again, he could be a good independent counterbalance to the current operating companies. NICHOLAS SCANLON SUMITOMO MITSUI BANKING CORPORATION EUROPE Yes, he’s done [...]
The mayoral debate: Boris and Ken issue their final message to voters April 30, 2012 THIS election comes when we have been going through the toughest times that anyone can remember. The big question is therefore blindingly simple. It is about who has the best plan for the jobs and growth that will help bring prosperity to all. It is about who will deliver the investment – from central government [...]
BORIS POISED TO TAKE CONTROL OF COMMUTER TRAINS April 29, 2012 BORIS Johnson is set to gain control of suburban rail services after the transport secretary Justine Greening gave City A.M. the strongest indication yet that she is willing to hand him control of key commuter routes if he is re-elected on Thursday. Under the proposals Transport for London (TfL) would have direct control over certain [...]
Kazakhmys production hit by cold snap April 26, 2012 COPPER miner Kazakhmys yesterday posted a dip in first quarter output after unusually cold weather at the start of the year disrupted transport and processing. But the London-listed Kazakh miner forecast a stronger second half as it processes stockpiled ore and restarts the Konyrat open pit copper mine, shuttered in 2008, allowing it to confirm [...]
Who do you trust more: Boris Johnson or Ken Livingstone? April 24, 2012 AS the race to become London mayor fast approaches its conclusion, we’re asking our Voice of the City panel, run in association with PoliticsHome.com, which candidate they trust more to lead the capital and fulfill their manifesto promises. Answer this week’s questions on key aspects of the policies laid out by Boris Johnson and Ken [...]
What businesses want in London’s new mayor: A wishlist from the CBI April 24, 2012 IN A YEAR of exciting events, the London mayoral elections are first in the capital’s diary, followed in the summer by the Queen’s Diamond Jubilee and the 2012 Games. The spotlight will be on London, so there’s no better time to redouble our efforts to promote the city as a world-leading business centre. Whoever wins [...]
WHO WILL GET YOUR VOTE? INTERVIEWS BY CLARE HILL April 23, 2012 GORDON BOTTEN RELIANCE I’ll be voting Boris – I just think he’s got a lot more to offer than Ken. He’s spent a lot of money, but I think that we can see an improvement on public transport. JERRY PRINGLE MILES SMITH Boris’s sense of humour is just the best, and that’s what we are, [...]