TODAY: Londoners urged to work from home as tube strike is affecting ALL lines March 1, 2022 Transport for London (TfL) has urged commuters to plan ahead of today and Thursday’s Tube strikes, which will affect all lines. The public body has advised Londoners to work from home if they can or rely on alternative means of transport, as the strikes are expected to create major disruption across the whole TfL network. [...]
Government to carry out safety checks on P&O following salary accusations March 21, 2022 Transport secretary Grant Shapps said the government will carry out safety checks on P&O vessels, after unions accused the operator of paying the replacement crew £1.80 per hour. The Maritime and Coastguard agency was instructed to inspect the ferries before allowing them to re-enter service to make sure the crews are “safe and properly trained.” [...]
Education union threatens teacher strike unless ‘inflation plus’ pay increase secured July 1, 2022 An education union has rejected a nine per cent pay increase for new teachers as inadequate and threatened to strike if a better offer is not made. The joint general secretaries of the National Education Union (NEU) wrote to the secretary of state Nadhim Zahawi asking him to address the “ profound crisis” in the [...]
British Land sells off £694m stake in Paddington Central to Singapore state-fund April 25, 2022 British Land has sold off a majority stake in its London Paddington Central assets to Singaporean sovereign wealth fund GIC. The London-headquartered firm, one of the largest property developers in the UK, will wrap up its majority ownership over the next three months, British Land confirmed in a regulatory filing today. The state-backed fund will [...]
We’re not reliving the 1970s yet, but today’s decisions will keep us out or drag us back June 22, 2022 In the current wave of discontent, rail unions, along with teachers, NHS and other public sector unions, are asking for increases which match inflation. They are still, just about, in single figures and a long way from the 20 per cent-plus of 1975. But only eighteen months previously, at the end of 1973, inflation had still been in high single figures.
Andy Silvester on market optimism, US wages and a real-life summer thriller July 20, 2023 Bulls are not regularly seen on the streets of the Square Mile, especially recently. It has been all too easy on my recent travels to find people casting their eyes downward when asked about the City’s prospects, as if the irritatingly grey July skies are dimming optimism before the summer holidays. What’s interesting is that [...]
The Notebook: London’s electric drive is charging full speed ahead – but there are obstacles March 27, 2024 Mike Randall, CEO of Simply Asset Finance, takes the pen to talk electric cars, lessons from football - and some rare praise for Avanti.
UK economy shockingly grows in November on back of World Cup pub boost, raising hopes of shallow recession January 13, 2023 The UK economy expanded in November, smashing downbeat market expectations and signalling the coming recession could be short lived, official figures out today reveal. Gross domestic product (GDP) climbed 0.1 per cent in November, defying analysts’ bets on a 0.2 per cent contraction, the Office for National Statistics (ONS) said today. The expansion was driven [...]
Bank Holiday chaos as Tube workers prepare to strike during Queen’s Platinum Jubilee celebration May 18, 2022 Londoners might need to brace for a chaotic Bank Holiday as the union RMT announced a strike for the Queen’s Jubilee. Tube workers voted in favour of a 24-hour industrial action on 3 June at Euston and Green Park stations, which are set to be packed with people attending the Platinum Jubilee celebrations. The RMT [...]
Heatwave: Brits shun high street as businesses close to protect staff from scorching temperatures July 18, 2022 Brits have shunned the high street today as temperatures are expected to hit 40 degrees on Monday, while some businesses in London have closed. Office workers have shunned their workplace air-con and opted to avoid sweltering public transport, Springboard’s footfall figures reveal. Springboard’s ‘back to the office’ benchmark for central London office hubs shows that [...]