Irresponsible strikes will hit London September 5, 2010 BARRING a last-minute reprieve, commuters will be subjected to much chaos from 5pm tonight as Underground workers go on strike. Tomorrow will be especially tough. This strike is irresponsible. It is being caused by selfish militants who cannot face losing some of their privileges at a time when everybody else in Britain is being forced [...]
Tube strike to go ahead on Monday September 2, 2010 THOUSANDS of Londers will face disruption to their travel plans this Monday and Tuesday after talks to avoid a crippling set of 24-hour strikes by London Underground (LU) workers collapsed yesterday. Over 10,000 LU workers are set to strike on Monday at 5pm, affecting the entire network and launching the rush-hour into chaos. London Underground [...]
CITY CRIMS REFUSE TO STEAL BIKES ON DEMAND August 30, 2010 BETWEEN BoJo’s bikes and the craze for cycling to work, two wheels are very much in vogue. So it makes sense to take out insurance for your new mode of transport, right? Wrong. Not if a new campaign by insurer Aviva is anything to go by. Britain’s biggest insurer was so sure it was offering [...]
Get on your bike to avoid Tube congestion August 30, 2010 ANYONE who works in the Square Mile will know how empty it can feel in August as City workers – myself included – decamp for a well earned break. And yet, somehow, this summer downturn appears to have no impact whatsoever on the overcrowded tubes, trains and buses bringing commuters into the City at rush-hour. [...]
Why your dream home may just be up in Scotland’s northern reaches August 26, 2010 THE number of holiday homes in the UK is on the rise, according to research by Knight Frank. After declining in 2008, the number of British second homes swelled 2.6 per cent last year and is set to rise another 2 per cent this year. So with demand once again on the up, buyers should [...]
Unions set Tube strike dates August 25, 2010 Transport unions RMT and the Transport Salaried Staffs’ Association (TSSA) yesterday confirmed dates for a series of 24-hour strikes to be launched by 10,000 London Underground staff in what will bring severe disruption to London’s commuters. The unions said the first staff walk out will start at 5pm on 6 September, with similar action planned [...]
HEDGE FUND MAN GOES LONG ON BANGERS August 25, 2010 CELEBRITY endorsement works, at least if the celebrity involved is a glamorous sportsman like Usain Bolt, who yesterday announced the biggest deal ever, to help Puma flog its pumps and T-shirts. But can you really imagine Crispin Odey, the permanently pin-striped hedge fund guru, as a brand ambassador? Well, he is. The new branch of [...]
Jupiter gamble paying off for now August 24, 2010 FUND management group Jupiter defied the odds earlier this year when it pressed ahead with a stock market flotation despite concerns that it was an injudicious time to do so. First there were general worries about market volatility and by June more than 30 companies had already shelved plans to float, including London Eye owner [...]
Tube workers set to strike August 24, 2010 TUBE workers are set to go on strike on 7 September in the first of a series of monthly walkouts in protest at 800 proposed job cuts. The Rail Maritime and Transport (RMT) union secretary Bob Crow and Transport Salaried Staffs Association (TSSA) leader Gerry Doherty are due to meet today to finalise the timetable [...]
Vedanta vows commitment to India despite government tussle over mine August 24, 2010 VEDANTA suffered a blow to its plans in India yesterday after the government there rejected its plans to mine bauxite in the east of the country. The London-listed miner is already facing regulatory issues over its $9.6bn (£6.2bn) bid for control of Cairn India, which would give billionaire Anil Agarwal’s group a slice of India’s [...]