RMT UNION VOTES FOR TUBE STRIKE June 6, 2010 LONDON’S transport network could be thrown into chaos this summer after tube drivers voted in favour of strike action. A walk-out could spark the worst underground disruption since the two-day strike last June that left thousands of workers stranded. Rail union RMT’s members voted by more than 90 per cent to strike over a “continued [...]
Rail link sale on the cards June 6, 2010 The government is aiming to kickstart a round of crucial asset sales with the auction of the Channel Tunnel rail link, estimated to raise £2bn, according to reports yesterday. The Department for Transport (DfT) and rail link owner London & Continental Railways (LCR) plans to distribute a sales document to potential bidders ahead of the [...]
POLO IN THE PARK GETS CITY’S VOTE FOR BEST CORPORATE DAY OUT June 6, 2010 IT WAS off to Hurlingham Park in sunny south-west London at the weekend for an action-packed few days at the second annual Polo in the Park tournament. With the event extended this year from two days to three due to popular demand – and Friday earmarked as the official corporate hospitality day for the City [...]
Opening up the Garden of England June 3, 2010 WITH the recent fresh spates of sunshine over the City, workers commuting from office to apartment might be thinking longingly uprooting from London for somewhere more rural. With expanding rail links connecting more and more towns to London, property prices are on the up and it’s easier than ever to enjoy the pleasures of the [...]
Q&A: BUYING May 27, 2010 Camilla Dell MANAGING PARTNER AT BLACK BRICK Q.Dear Camilla, Hips were originally introduced to protect buyers, now that they have been abolished what protection do buyers have? A. HOME Information Packs (Hips) were initially put in place to help buyers find out important information about the properties they were buying and to stop sales falling [...]
CITY MOVES | WHO’S SWITCHING JOBS May 26, 2010 Otkritie Securities Otkritie, the UK subsidiary of Russian financial services giant Otkritie Financial Corporation, has appointed Howard Snell as chairman. Snell joined the broker last year as an executive director, having previously been UK chief executive of Russian investment bank Troika Dialog. He was also previously co-head of the London emerging markets desk at UBS, [...]
HOW THE AGREEMENT AFFECTS THE CITY May 20, 2010 BANKING • The coalition has agreed to impose some kind of levy on the banking industry, although its exact form has yet to be decided. The Tories want to introduce a fee on banks’ wholesale funding, while the Liberal Democrats would prefer a tax on profits. • There is a vague commitment to tackle “unacceptable [...]
Stylish, affordable new homes for a brave green world May 20, 2010 THE UK is committed to ensuring that all new homes meet an ambitious zero-carbon standard by 2016. And with only a smattering of them in the country to date, there’s a long way to go. Indeed, Barry Morgan, of Morgan Restoration, an ardent eco-developer who has just installed solar panels on The Boatyard development overlooking [...]
Capello: 2018 bid not hurt by Triesman May 19, 2010 FABIO CAPELLO insists England remain the “perfect” hosts for the 2018 World Cup despite the controversy surrounding Lord Triesman. Triesman resigned as chairman of the bid – and indeed from the Football Association – on Sunday after he accused rival bidders Spain and Russia of conspiring to bribe referees at this summer’s showpiece. World governing [...]
BA halts strike in court victory May 17, 2010 BRITISH Airways (BA) last night won an eleventh-hour reprieve in its bid to stop cabin crew from walking out, after the High Court granted an injunction on grounds that the strike was unlawful. The judgment ruled that Unite, the union representing cabin crew, did not communicate ballot results to members, meaning the strike – which [...]