Rail bonuses row heats up February 5, 2012 JUSTINE Greening is set to become the first secretary of state for transport to vote at a Network Rail AGM, as the government steps up its opposition to large bonuses proposed for the group’s senior management. Greening said yesterday that she will exercise her right to vote against the bonuses at this week’s meeting, despite [...]
LONDONERS FACE THE BIG FREEZE February 5, 2012 Londoners came out to play yesterday as the capital woke to a blanket of thick snow. Alexandra Park (above) was a popular spot for sledging, while City tourists at Bankside (right) took the opportunity to brave the cold and see London’s famous landmarks covered in white. The biting weather proved testing for Occupy London protesters [...]
Oh I do long to be beside the (British) seaside February 2, 2012 IT’S not the South of France or the Amalfi Coast. But Britain’s seaside has plenty of charm of its own – and not just of the quaint and slightly run-down variety, but of a beautiful, unique and in some cases, highly exclusive type. For instance, Knight Frank recently sold a mansion in south Cornwall to [...]
HOW THE 2012 OLYMPICS WILL AFFECT YOUR COMMUTE January 30, 2012 CITY workers have been warned they will bear the brunt of travel disruption during this summer’s Olympics, with Bank and London Bridge the two worst-affected Tube stations. Transport for London commissioner Peter Hendy yesterday urged Square Mile employees and businesses to consider alternative routes or working from home, where practical. Mayor Boris Johnson said extra [...]
HERE’S ONE THEY DIDN’T PREPARE EARLIER: GAMES SHOW STALLS January 30, 2012 BE PREPARED – such an important quality. Especially when you are planning a large-scale sporting event that will bring widespread chaos – sorry, a million extra economy-boosting visitors – to the capital. But panic not, because the organisers of the London Olympics have got it all under control with an £8.8m strategy to help the [...]
Coe confident of delivering Games within 9.3bn budget January 26, 2012 LONDON 2012 chief Sebastian Coe has vowed to ensure the final cost of staging this summer’s Olympics comes in within budget and hoped to offer a fault free service to customers when the final batch of tickets goes on sale in April. A report yesterday, which factored in spending on additional security and transport upgrades, [...]
SELL January 26, 2012 MANAGING DIRECTOR KAY AND CO WWW.KAYANDCO.COM Q. I have inherited some money and want to invest in a London buy to let – where should I look? A. I would suggest that you look at buying a one or two bedroom unit in a prime location, because there’s always a demand in central London for [...]
Tube to get wi-fi before Games January 23, 2012 London Underground passengers will be able to use wi-fi at 120 stations in time for the Olympics, a Transport for London boss has said. TfL oversaw a successful trial at Charing Cross last year, but there were fears of delays after telecoms firm Huawei pulled out of a deal to provide the network. But a [...]
From Kensington to Farringdon: why London’s prices are buoyant January 19, 2012 WHY ARE PROPERTY VALUES IN CENTRAL LONDON RISING FASTER THAN REST OF THE UK? Prices in Prime Central London are indeed out-performing the rest of the country. Over the last 12 months, average house prices across the UK have remained broadly stable, meanwhile in Prime Central London (PCL), prices rose by 12.1 per cent in [...]
Protesters face eviction after High Court defeat January 18, 2012 THE CITY of London last night called on protesters to leave the area around St Paul’s after it won a High Court battle against the group. Stuart Fraser, the City’s policy chairman, said the “public generally is losing out” from the presence of up to 200 tents outside the Cathedral. He spoke out after Mr [...]