Crossrail’s 2021 delay to cost TfL an extra £1bn in lost revenue, says Moody’s May 1, 2019 The delay to Crossrail until 2021 will cost Transport for London (TfL) £1bn in lost revenue, according to influential rating agency Moody's. The £1bn figure is between £300m-£400m more than TfL had forecasted in its 2018 business plan, published after the announcement in the summer that the £17.6bn railway would not open that December as planned. Read [...]
Focus on Primrose Hill: This prime enclave offers Victorian homes and a village vibe October 4, 2019 The term ‘London village’ is thrown around a lot these days, not least by those trying to sell you a property. By some standards, anywhere with an independent bakery and a few planters on the high street seems to qualify. But Primrose Hill, nestled between Regent’s Park and Camden, is one of the originals – [...]
Victoria line trains to Brixton suspended as severe delays plague Tube lines February 13, 2019 Commuters were facing rush hour hell this morning after a key Tube line was part suspended and three were hit by severe delays Read more: King's Cross signal failure hits key Tube lines with severe delays The Victoria line was not running to Brixton this morning after engineers were called to fix a signal failure [...]
Crossrail will not open until 2021 and could run £650m over budget, bosses admit November 8, 2019 Crossrail will not open until 2021 and will run up to £650m over budget, transport bosses admitted today. The long-awaited Elizabeth Line, which was originally due to open in December 2018, will not open until “as soon as practically possible in 2021”, Transport for London (TfL) said. Crossrail chief executive Mark Wild warned technical issues [...]
Flexible office rents tumble as London boom fuels more spaces February 24, 2019 Fresh evidence of a boom in the capital’s flexible workspace market has come to light with a report out today that shows a sharp rise in new spaces coming to the market. Growing demand for shorter leases led to more than 150 new flexible office space business centres opening in Central London during 2018, marking [...]
Tube delays: Severe delays hit Metropolitan Line and District Line amid travel disruption October 17, 2018 Severe delays are affecting the Metropolitan Line and District Line this morning, with minor delays hitting four other Tube lines. The entire track of the Met line is affected due to a faulty train at Finchley Road earlier today, with Transport for London (TfL) telling commuters that their tickets will be accepted on local bus [...]
City Moves for 3 April – who’s switching jobs at Finastra, Trustpilot and Softomotive? April 3, 2019 Who’s on the move today? Finastra Finastra has announced the appointment of Sharon Doherty as chief people officer. Sharon joins from Vodafone, where she held the position of global organisation and people development director. In her new role at Finastra she will have global responsibility for making Finastra the most inclusive employer in the fintech [...]
Tube delays: Severe delays hit Piccadilly Line commuters for second time in a week January 22, 2019 Severe delays have hit the Piccadilly Line this morning as commuters make their way to work. Eastbound travel is suffering severe delays after a signal fault at Hammersmith, with minor delays affecting westbound journeys. Read more: 'Systemic failures' to blame for May's timetable chaos Transport for London (TfL) advised that tickets are being accepted on [...]
Interiors: Why these Design Routes are the perfect introduction to the London Design Festival September 14, 2018 Despite the unsettling combination of stasis and turmoil gripping the whole of the UK, London is still thriving in many fields, not least in design. For the past 16 years, London Design Festival, which takes place every September, has got bigger and stronger. Cash is being spent on bringing cutting edge design to every corner [...]
Interiors: Why these Design Routes are the perfect introduction to the London Design Festival September 14, 2018 Despite the unsettling combination of stasis and turmoil gripping the whole of the UK, London is still thriving in many fields, not least in design. For the past 16 years, London Design Festival, which takes place every September, has got bigger and stronger. Cash is being spent on bringing cutting edge design to every corner [...]