M restaurant founder Martin Williams on his new Canary Wharf venue September 6, 2022 Sitting in the new M restaurant in Canary Wharf, a few days before it officially opens today, is a slightly surreal experience. Overlooking the river in the new, diamond-shaped Newfoundland Quay tower, a row of people in wetsuits are doing laps around the docks below us. As they approach the restaurant they glide past a [...]
Crossrail is paying drivers £13m a year to practise while they wait for Elizabeth Line to open May 15, 2019 Crossrail is spending nearly £13m a year on drivers who are spending their time practising as they wait for the delayed railway to open in two years' time. Read more: Crossrail bosses blasted for 'driving up costs' on London's £17.6bn project The numbers were revealed after Gareth Bacon, the Tory leader in the London Assembly, asked [...]
Thousands gather to watch Queen’s coffin procession from Buckingham Palace to Westminster Hall September 14, 2022 Members of the Royal Family including Princes Harry and William marched behind the Queen’s coffin in a procession today, as it was delivered from Buckingham Palace to Westminster Hall in parliament. Tens of thousands of mourners gathered outside the gates of the famous London residence of the Royal household, and lined the streets of the [...]
Government agrees £825m loan to finish Crossrail December 1, 2020 The government has agreed a £825m loan to finance the completion Crossrail train link, Grant Shapps today announced. Writing on Twitter, Shapps said that the loan was a “fair dal for taxpayers across the UK”. The loan takes the total cost of the project, which has been plagued by difficulties over its lifespan, to £18.6bn. [...]
Crossrail opening delayed until 2022 and extra £1.1bn needed to finish project August 21, 2020 The opening of London’s new Crossrail underground line has been delayed until 2022 and an extra £1.1bn is needed to complete the project, Crossrail Ltd said today. Crossrail said the central section of the Elizabeth Line between Paddington and Abbey Wood will be ready to open in the first half of 2022. Crossrail has faced [...]
London hotel occupancy soars to 85 per cent during week of Queen lying in state September 15, 2022 Hotel occupancy rates in the centre of London have soared to almost 85 per cent ahead of the Queen’s funeral. Mourners and well-wishers have come to the capital from across the country and around the world to mark the death of Queen Elizabeth, and they all need somewhere to stay. This week, hotel occupancy peaked [...]
Fownes’ Arron can fly Straight to victory November 17, 2023 RACING in Hong Kong steps up a gear on Sunday, with a mouth-watering and highly informative 11-race programme at Sha Tin, sponsored by the Bank of China (Hong Kong). With the city’s flagship event, the LONGINES Hong Kong International Race Day, looming large on the horizon, this will be a final chance for racegoers to [...]
TfL finances battered by £100m drop in advertising revenue July 5, 2021 Transport for London (TfL) has suffered a record £100m plunge in advertising revenue across its network after Covid restrictions prevented people using its services. The fall in ad revenues is the latest pandemic hit for TfL, which derives the vast majority of its revenue from fares, and has been bailed out to the tune of [...]
Undecided about investing right now? Find out why Maida Vale offers a solid prospect September 27, 2021 Set at the meeting point of Maida Vale, Little Venice and St John’s Wood is Lyons Place, a boutique development by Almacantar, offering a prime opportunity for investment in the capital. Lyons Place is a collection of contemporary, finely crafted homes comprised of apartments, penthouses, and three-storey townhouses – with just one one-bedroom apartment remaining [...]
Crossrail: Watchdog blasts bosses for ‘driving up costs’ on London’s £17.6bn delayed Elizabeth Line May 3, 2019 Crossrail bosses took decisions that drove unnecessary cost into the troubled £17.6bn railway, a report by Whitehall's spending watchdog has found. A catalogue of errors including a "failure to change course" when it was clear the project was de-railing, as well as flaws in its own commercial strategy, led to cost increases and the current uncertainty [...]