JEREMY IRONS SHORTED BY TRADER AT MARGIN CALL’S RISKY PREMIERE January 10, 2012 TO LEICESTER Square for the premiere of Margin Call, the film set in the last days of an over-leveraged investment bank that has “no relation” to any actual financial institution that went to the wall in 2008. Just as well – because Jeremy Irons, who plays the bank’s pragmatic CEO John Tuld, would have had [...]
High speed rail line gets the green light January 10, 2012 A new £32bn high-speed rail line between London and Birmingham has been given the go ahead by the government. Transport Secretary Justine Greening has announced extra tunnelling for sections of the 90-mile (140km) link in response to environmental concerns. This first phase of High Speed Two (HS2) could be built by 2026. The first phase [...]
HS2 go-ahead expected today January 9, 2012 THE DEPARTMENT for Transport is today expected to give the thumbs up to High Speed 2, the £32bn project which will link London with the north by high speed rail. Justine Greening will also reveal measures to soften the worst effects of the planned railway, which has been criticised in the belief it will disrupt [...]
No recessions for 80 years: The fanciful world of High Speed Rail 2’s business case January 9, 2012 AFTER the well-flagged decision this afternoon to press ahead with the first stage of the High Speed 2 rail project (HS2), the City and business will be pressed to “contribute” to the strong business case. An aspect that MPs are singularly ill-equipped to consider, but that the City will focus on, is the way the [...]
High speed railway plans split nation January 8, 2012 TRANSPORT secretary Justine Greening could make a decision as soon as tomorrow regarding HS2, the proposed high speed railway linking London with the north which has been dividing the UK. The £32bn project would see a 100-mile connection created by 2026 between London and Birmingham, cutting the journey time down to 49 minutes, with extensions [...]
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 [...]