RAPID RESPONSES October 6, 2011 Inflexible traders As your Q&A on Monday said, the London transport system is going to struggle to cope during the Olympics and most businesses are going to look at ways for employees to work remotely. But City traders are one of those increasingly rare professional groups whose remote working practices are restricted. One of the [...]
More investment for London October 4, 2011 Boris Johnson, the London Mayor, yesterday called on the government to continue investing in the capital, which he said was the “locomotive” for the recovery in the UK. During his speech to the Tory conference, Johnson argued that other parts of the country – such as Manchester, where the Conservatives are meeting – relied on [...]
DP World sees 2013 London ports launch October 4, 2011 DUBAI-BASED ports operator DP World expects its new London Gateway deep-sea container port to be operational by the fourth quarter of 2013, it said yesterday, with spending on the project set to continue apace despite the economic gloom. London Gateway, located about 25 miles east of central London on the north bank of the river [...]
Technology can increase flexibility during Games October 2, 2011 Q&A: London 2012 TIME TO GET READY Q. OUR EMPLOYEES RELY HEAVILY ON FACE-TO-FACE MEETINGS IN OUR OFFICE . HOW CAN WE MANAGE THIS WITHOUT LOSING BUSINESS? A. During the Olympic and Paralympic Games, the transport network will be much busier than normal. This will have a big impact on employees and clients, particularly when [...]
First Group expects jump in first half train revenue September 29, 2011 FIRST Group yesterday said that higher fares had failed to dent demand for train travel, with like-for-like passenger revenue expected to increase by nine per cent in the six months to the end of September. The group, which runs First Capital Connect commuter services in London, said it was looking forward to expanding its number [...]
If you are in an Olympic hotspot, get set now September 25, 2011 Q&A: London 2012 TIME TO GET READY Q. WE ARE IN AN OLYMPIC HOTSPOT AREA, BUT WE HAVE NO IDEA HOW OUR EMPLOYEES MAKE THEIR WAY TO AND FROM WORK. HOW SHOULD WE PROCEED TO FIND THIS OUT? AND WHEN? A. During the Olympic and Paralympic Games next year, the transport network will be much [...]
Gulf Keystone raises $200m in rights issue September 20, 2011 KURDISTAN-FOCUSED explorer Gulf Keystone said it raised $200m (£127m) in a placing to help accelerate the development of the massive oil discoveries it has made in the semi-autonomous region of Iraq. The company said yesterday it issued 91m new shares in an oversubscribed placing at a price of 140p, representing a 14 per cent discount to [...]
CITY MOVES | WHO’S SWITCHING JOBS September 16, 2011 BlackRock Amra Balic has joined the asset manager as the EMEA head of corporate governance and responsible investment. Balic joins BlackRock from Standard & Poor’s, where she was a director in European Corporate Credit Ratings, responsible for corporate governance into the credit ratings process. Prior to joining S&P’s Corporate Governance Services team in 2000, Balic [...]
Tube drivers bag £500 bonus for Olympics work September 13, 2011 LONDON Underground train drivers will pocket an extra £500 for working during next summer’s Olympics as the city attempts to get sports fans to stadiums on time. Organisers are relying on the Underground, already overcrowded and with a history of strikes, to ferry spectators to the Olympic venues in the heart of the city and [...]
London retailers unhappy over Olympics confusion September 12, 2011 RETAILERS have been left in the dark over transport plans in London during next summer’s Olympic Games, with a leading industry body urging Mayor Boris Johnson to shed some light on the authorities’ arrangements. “Retailers are being encouraged to put plans in place for next summer but that’s difficult to do without a full picture [...]