Crossrail causes Oxford St closure June 9, 2009 Retailers are up in arms after Transport for London (TfL) confirmed yesterday that a large stretch of Oxford Street is to be closed for work on the £16bn Crossrail project. The street will be closed to east-bound traffic between Newham Street and Tottenham Court Road, while construction workers replace and repair the ancient water and [...]
Boris plans RMT talks June 17, 2009 TALKS between warring London Underground (LU) and the Rail and Maritime (RMT) union will resume tomorrow, London mayor Boris Johnson said yesterday, as fears of further tube strikes grow in the capital. Discussions between the two parties collapsed last week, leading to a 48 hour strike London’s 3.5m commuters, and a slanging match between both [...]
Boris plans RMT talks June 17, 2009 TALKS between warring London Underground (LU) and the Rail and Maritime (RMT) union will resume tomorrow, London mayor Boris Johnson said yesterday, as fears of further tube strikes grow in the capital. Discussions between the two parties collapsed last week, leading to a 48 hour strike London’s 3.5m commuters, and a slanging match between both [...]
City chaos as strikes go ahead June 9, 2009 LONDON was thrown into chaos last night as London Underground (LU) staff staged a 48-hour walk-out. Last-ditch talks between RMT union officials and LU bosses fell apart just before the 7pm strike start-time, as the union accused transport chiefs of “pulling the rug from under a workable agreement” by bringing in lawyers. Transport for London [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 12, 2009 FINANCIAL TIMES BHP CALLS FOR MARKETS TO SET IRON ORE PRICESBHP Billiton, the world’s biggest miner, has made a plea for the “emotion and anxiety” to be taken out of the iron ore business with a shift to market-based pricing like oil or coal. The plea by Marius Kloppers, chief executive of BHP, came a [...]
Boris gets ready for Tube strike June 8, 2009 BORIS Johnson yesterday revealed plans to keep London rolling, even if tonight’s proposed 48-hour tube strike goes ahead. The industrial action on London Underground (LU), which comes after a pay dispute between union RMT and LU, is due to begin at 7pm this evening. Both parties were last night locked in talks. If the strike [...]
Boris gets ready for Tube strike June 8, 2009 BORIS Johnson yesterday revealed plans to keep London rolling, even if tonight’s proposed 48-hour tube strike goes ahead. The industrial action on London Underground (LU), which comes after a pay dispute between union RMT and LU, is due to begin at 7pm this evening. Both parties were last night locked in talks. If the strike [...]
Boris to hike prices for TfL and C-charge October 15, 2009 LONDON Mayor Boris Johnson yesterday blamed the recession and the “mistakes of the past” as he unveiled sweeping hikes to Transport for London’s (TfL) fare package. Johnson said tube fares would rise 3.9 per cent overall next year, while bus prices will jump by 12.7 per cent. The changes come alongside a proposed increase to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 29, 2009 FINANCIAL TIMES ASIAN SHIPPING LINES SUFFER FURTHER LOSSESTwo of Asia’s biggest shipping lines announced major losses for the June-September quarter in a further sign of the unprecedented severity of the crisis battering the industry. Singapore’s Neptune Orient Lines said that it would lose money at least for the first half of 2010 as it announced [...]
WORST CITY FIRMS TO JOIN ROLL OF HONOUR June 14, 2009 FANCY awards dinners have a reputation for being duller than dishwater, so it’s refreshing to hear of an upcoming ceremony that aims to break the mould. That’s right: the Sharecrazy Worst Company of the Year awards are back by popular demand, having gone down a treat with frazzled City folk last time around at a [...]