Vodafone share price rises on reports it has reignited merger talks with Virgin Media owner Liberty Global March 16, 2017 Vodafone's share price rose over 1.5 per per cent following reports it had rebooted talks with Liberty Global to thrash out a deal that will shake up the British and German operations of the two telecoms giants. Company sources told technology publication The Register that Liberty Global, which owns Virgin Media, will create a joint venture with Vodafone's [...]
Fog and mist is affecting flights out of Heathrow and City airports December 28, 2016 If you're taking advantage of the Christmas break to venture to sunnier (or snowier) climes, beware: fog is affecting flights into and out of Heathrow airport. The airport tweeted this morning that passengers should check flight status with their airline. Foggy weather may affect scheduled flights today. Please kindly check your flight status with your airline: [...]
UK property sector pays tribute to the late Irvine Sellar February 27, 2017 Irvine Sellar, the man who built the Shard, has passed away after a short illness, aged 82. The news has come as a shock to many in the property industry, with tributes pouring in to honour the man who built the UK's tallest building during a recession. Nick Candy, chief executive of Candy Capital, said: [...]
A bird’s eye view of the Elizabeth Line stations taking shape January 27, 2017 The Crossrail rail project has released a batch of new images to give us a bird's eye view of how the new Elizabeth Line stations are shaping up. There are 10 new stations being built across the capital and in the tunnels, over three-quarters of the permanent track has been laid. Simon Wright, Crossrail programme director, [...]
Here’s where you should base your business along the Tube map for the highest turnover December 15, 2016 Got a feeling your business isn't living up to its potential? Well perhaps a change of scenery might cure the malaise. According to data intelligence firm DueDil, firms based along the Bakerloo line have the highest annual turnover and average growth rate. For specific stations, Waterloo had the highest average turnover of £2.53bn and is [...]
Network Rail considering selling 18 major stations including London Waterloo, Paddington and Birmingham New Street March 11, 2016 The chief executive of Network Rail, Mark Carne, has revealed he is considering selling off 18 major stations including London Waterloo, Birmingham New Street and Paddington in order to cut debt and break up what he described in the interview as a "Kremlin-type model". Carne said there would potentially be a £1.8bn sale of 7,500 other properties, including [...]
Final talks to stop Monday’s massive Tube strike are being held today January 7, 2017 A last-ditch attempt to put off a massive 24-hour Tube strike by London Underground workers is taking place today. After talks between the unions and Transport for London (TfL) to avert the strike fell apart yesterday, the Transport Salaried Staffs' Association TSSA union said more talks would be held today, the Press Association reported. The strike, which will affect most London Underground [...]
Here are all the rail and station closures in London over Christmas October 31, 2016 Brace yourselves, commuters. There have been many headlines about incoming Christmas travel chaos, and now Network Rail has announced major station closures as an extensive programme of rail improvements goes ahead, it looks like there'll be a few more yet… Read more: Could Network Rail have to go cap in hand to the government? Rail [...]
RMT’s Great Western Rail strike will go ahead tomorrow December 22, 2016 A Great Western Railway (GWR) workers' strike will go ahead tomorrow, the RMT union confirmed today. RMT members who are cleaners on the rail network will take industrial action over "serious bullying, claims of discrimination and poverty working conditions" on the GWR train cleaning contract operated by Servest UK. Members have been instructed not to book on for [...]
Network Rail rakes in £1.4m from Victoria Station toilet as Southern strikes roll on December 2, 2016 The delays and disputes are bad enough. Now, City A.M. has found out that Network Rail is making 67 per cent more on its toilet in Victoria due to the Southern strikes. Network Rail owns the loos in Victoria station, which hosts the Southern train service. This year, Network Rail’s takings at the toilet have [...]