Hussey reveals Marble Arch vision November 20, 2013 ALMACANTAR said it is to submit plans for the overhaul of Marble Arch Tower before the end of the year after unveiling its final proposals for the prime West End scheme yesterday. The property developer founded by the former London boss of Land Securities Mike Hussey wants to demolish the current 24-storey tower on the [...]
More than 350,000 people flock to the City every day October 31, 2013 THE CITY of London’s population jumps 56 times on the average weekday, according to official statistics that lay bare the enormous scale of the daily British commute. Just 6,000 people live in the square mile but this jumps to 358,000 on a typical day, according to the Office for National Statistics (ONS). Other parts of the capital [...]
How clever traffic management can boost UK growth February 22, 2013 BRITAIN’S roads are being choked by a swarm of unnecessary, expensive, and damaging restrictions. Between 2000 and 2008, the number of traffic lights rose by over 30 per cent, boosted by an extra 1,800 imposed on London’s streets under former mayor Ken Livingstone. There are now over 30,000 signal-controlled junctions and 25,000 pelican crossings across [...]
What the other papers say this morning November 14, 2012 FINANCIAL TIMES Nine bidders for Parlophone records Warner Music and a joint venture led by industry impresario Simon Fuller are among nine groups to have registered interest in buying Parlophone from Universal Music Group. The label, home to Kylie Minogue and the Pet Shop Boys, is being sold to satisfy regulators’ concerns about Universal’s £1.2bn [...]
Boris talks up London charm at City dinner January 17, 2013 WHAT would a Capitalist diary entry be, without a weekly update on loveable London Mayor Boris Johnson? And so, to the City’s Mansion House last night, where the Lord Mayor hosted the City Mayor for the London Government Dinner. Among the 300 guests gathered to hear BoJo’s musings on Europe were chair of London Councils [...]
Business school eyes town hall for campus February 14, 2012 WESTMINSTER City Council is close to agreeing the lease of Old Marylebone Town Hall, the heritage building where former Beatles Sir Paul McCartney and Ringo Starr both married, to London Business School. The council, which put the 1920s building on the market in 2010, said it had entered into exclusive negotiations with London Business School, [...]
West End parking charge to put 5,100 jobs at risk December 7, 2011 CHARGING motorists to park in the West End at night could cost local businesses £800m a year in lost earnings, the Centre for Economics and Business Research (CEBR) claimed yesterday. Westminster City Council’s plans to charge up to £4.80 an hour to park on yellow lines in the evening could also cost businesses £125m a [...]
West End parking charge to put 5,100 jobs at risk December 7, 2011 CHARGING motorists to park in the West End at night could cost local businesses £800m a year in lost earnings, the Centre for Economics and Business Research (CEBR) claimed yesterday. Westminster City Council’s plans to charge up to £4.80 an hour to park on yellow lines in the evening could also cost businesses £125m a [...]
It’s going to be a very tough fight March 5, 2012 WHEN Boris Johnson took the Mayoralty from Ken Livingstone in 2008, many observers thought a repeat victory in 2012 was a foregone conclusion. If recent polls are anything to go by, that most certainly isn’t the case: with just two months to go, the race is too close to call. “The polls are very close [...]
New projects steal the show at Portland May 24, 2011 LONDON real estate investor Great Portland Estates (GPE) yesterday reported a 78 per cent rise in profits to £50.4m, as it unveiled planning approval for its Hannover Square project and the sale of some of its stake in 100 Bishopsgate. The firm’s West End-focused property portfolio gained 15.5 per cent in value to £1.65bn over [...]