Tiktok to allow MPs to review algorithm over Uyghur censorship concerns November 5, 2020 Social media giant Tiktok will allow UK politicians to review its algorithm, after MPs challenged the firm over censorship concerns and ties to the Chinese government. Tiktok’s UK director of government relations and public policy Elizabeth Kanter said members of the Business Select Committee were welcome to visit its “transparency centre”, to review its algorithm [...]
GameStop rises on Wall St open as FCA issues trading warning January 29, 2021 GameStop stock was up more than 100 per cent as US markets opened today, as popular trading platform Robinhood eased restrictions on buying into the stock. The army of small investors behind this week’s dramatic squeeze on Wall Street hedge funds returned to drive shares in GameStop and other hot companies higher on Friday as online broker [...]
Mapped: Here’s how the Elizabeth Line will open in stages as the Crossrail project wraps up January 24, 2018 In December, Transport for London (TfL) revealed its updated Tube map for the Elizabeth Line once the Crossrail project wraps up. But with phasing of the project occurring until the full line is open, certain parts will be in operation at various times before the full railway is in action in December 2019. So, TfL [...]
HS2 chair to carry out project review to ensure ‘it is deliverable’, says Chris Grayling June 4, 2019 The chair of under-fire HS2 is undertaking a review of the project to “make sure the costs and budget are right and that it is deliverable,” transport secretary Chris Grayling has said. HS2 has become a battleground among the Tories vying to replace Theresa May as Prime Minister, with some pledging to continue with the [...]
From trains to trainers: TfL teams up with Adidas for Tube and Crossrail-inspired footwear November 28, 2018 Londoners may not be able to use the Elizabeth Line this year, but they can still travel in style elsewhere on the Underground with the release of a new range of Tube-inspired trainers by Adidas. Transport for London (TfL) has teamed up with the sports giant to launch a new range of trainers inspired by the Elizabeth Line, [...]
TfL boss Mike Brown says he will not stand down following calls to quit over Crossrail April 25, 2019 TfL boss Mike Brown has said he will not resign following criticism he "downplayed" the risks to the Crossrail opening date to London mayor Sadiq Khan. Appearing before the London Assembly's transport committee this morning, the TfL commissioner rejected suggestions he should resign. "No, I'm not reflecting on whether I'm fit to be in position," he said. [...]
Four London infrastructure projects that unravelled in 2019 December 23, 2019 Boris Johnson “loves infrastructure”. At least, that’s what the Prime Minister said when he was asked about the High Speed Two rail project on the campaign trail earlier this month. And it is just as well. Because some of London’s biggest infrastructure problems are creaking at the seams. If the PM were not so keen on [...]
Crossrail contractors could ask for more money to meet opening deadline, EY warns June 10, 2019 Crossrail’s contractors are likely to demand more money if they are rushed towards the new 2019/2020 opening date, auditor EY has warned. The big four auditor has warned Transport for London (TfL) that such an outcome could increase pressure on the transport body, which is already battling the costs of the Crossrail delay. Read more: [...]
British Land acquires the Woolwich Estate near Crossrail/Elizabeth line in south east London for £103m February 9, 2018 British Land has bought the Woolwich Estate for £103m, with plans to regenerate the space and bring in more retailers. The Woolwich Estate comprises 56 retail units and has footfall of 6m, and the company said it “benefits from an improving local demographic with over 40 per cent of residents falling within the top three [...]
Elizabeth Line opening to top expectations on new homes and jobs created as end of Crossrail project draws closer January 30, 2018 The number of homes and jobs created due to the development of the £14.8bn Elizabeth Line is set to greatly surpass expectations, according to a new report by commercial property agency GVA. The research, commissioned by Crossrail, found that the impact of the new railway on the creation of new homes and impact on property [...]