NEED TO KNOW | AREA INSIGHT January 5, 2012 COMMUTING: Due to the East London Line extension, new transport links offer London on your doorstep. Haggerston overground station provides direct services to many important destinations including Canary Wharf and the West End in less than 30 minutes, London City Airport and Stratford for the nearby Olympic Stadium and Village. It also provides easy access [...]
CBS to keep Tube advertising job January 4, 2012 Transport for London and CBS Outdoor have patched up their differences to salvage a £1bn contract to run all adverts on the London Underground. CBS has held the mandate since 2006, but threatened to walk away in August over the spiralling cost of digital screens.
Commuters return to hike in train prices January 2, 2012 COMMUTERS returning to work today have been hit by yet another hike in rail fares, after the average ticket price rose by 5.9 per cent with the new year, sending season tickets rocketing. The increases will see the average single ticket rise from £5 to £5.30, and season passes for some popular commuter routes rise [...]
Arsenal set to make Boxing Day decision December 21, 2011 ARSENAL will make a decision on whether to postpone their Boxing Day fixture against Wolves by 24 hours today. The mooted 24-hour Tube strike would impact on the safety of supporters planning to attend the game at Emirates Stadium. Arsenal have been in consultation with the relevant parties, including the police, and had planned on [...]
Nat Express says profits on schedule December 20, 2011 NATIONAL Express said it was “firmly on target” to deliver profit growth this year across all of its bus, rail and coach divisions as cash-strapped consumers opt for public transport in straitened times. The transport group, which is due to report full 2011 results on 1 March, said it was in line to meet revenue [...]
Arsenal and Chelsea face Boxing Day fixture chaos December 19, 2011 THE PROSPECT of industrial action has forced Arsenal and Chelsea to consider moving their Boxing Day fixtures to 27 December, potentially providing a major inconvenience to over 100,000 fans. The mooted 24-hour Tube strike would impact on the safety of supporters planning to attend the game at Emirates Stadium, as well those fans travelling to [...]
Germans eye stake in UK’s air controller December 11, 2011 GERMAN air traffic controller Deutsche Flugsicherung (DFS) is preparing to make a bid for the government’s stake in British equivalent Nats, according to reports. The state-owned German business is believed to have approached London investment banks earlier this month about advising on a deal to acquire the government’s 49 per cent stake in Nats, which [...]
PROPERTY NEWS December 8, 2011 CITY IS BOOMING, SAYS REPORT Knight Frank has added the City of London and the City Fringe to its Prime London index, which includes neighbourhoods such as Knightsbridge, Belgravia, Chelsea and Kensington, citing an uplift in the supply of new high end properties, improved amenities and transport. Prices in the square mile have risen by [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 7, 2011 FINANCIAL TIMES DUBLIN IS URGED TO SELL NAMA AS A SINGLE ENTITY A secret report into the operations of Ireland’s National Asset Management Agency, the state agency set up to purge Irish banks of their toxic property loans, has recommended that the government should consider selling it off as a single entity. FINANCING PROBLEMS WEIGH [...]
Ross bails Cosalt out – until his offer ends December 7, 2011 DAVID Ross, chairman of safety gear supplier Cosalt, rode to the loss-making company’s rescue yesterday with a deal to provide it with £5m of emergency working capital to keep it afloat. Ross, whose grandfather founded Cosalt a century ago, has made the funds available from his Oval investment vehicle but warned that he would only [...]