Trouble in paradise? Mayfair club 12 Hay Hill faces legal action from its own PR firm March 3, 2016 RUMOUR reaches The Capitalist that all is not well at one of Mayfair’s newest watering holes for London’s hedge fund set. According to our mole in the West End, 12 Hay Hill, a private members club that offers respite for lawyers, hedge fund bosses and City boys, may need a new PR firm as the [...]
Run! Hide! These two giant 650-tonne tunnel boring machines are about to start digging the Northern Line extension to Battersea Power Station and Nine Elms March 11, 2016 Two monsters are about to start tunnelling under the capital – and at 650 tonnes each, once they've started going, there won't be much anyone can do to stop them Yep: TfL has unveiled the boring machines which will dig the £1bn Northern Line Extension. The two machines, built by French firm NFM Technologies, are each 100m [...]
London mayoral election: Sadiq Khan and Zac Goldsmith trade blows over transport policies and tax hikes April 11, 2016 Mayoral candidates Sadiq Khan and Zac Goldsmith have launched stinging attacks on each other this morning in a fiery exchange that sets the scene for an explosive final few weeks of the campaign to succeed Boris Johnson. Khan’s flagship policy to freeze transport fares for four years was branded “financial illiteracy” by Goldsmith’s team as transport [...]
London Mayor and Berkeley Homes to build 3,500 homes on Newham Parcelforce depot site March 15, 2016 Berkeley Homes is pushing ahead with a scheme to turn a disused Parcelforce depot in east London into 3,500 homes – including one of London’s largest private rental schemes – after agreeing the terms of the deal with London mayor Boris Johnson. Speaking at the annual MIPIM property conference in Cannes this afternoon, Berkeley Group chairman [...]
Oxford Street, Blackwall Tunnel, Southwark and Holborn teams win Transport for London funding to build streets for the future February 18, 2016 London's streets might not be paved with gold but they are about to become home to something arguably more interesting. Four schemes have been awarded funding by Transport for London, including an "intelligent" energy-generating side-street in the West End and a "noise-absorbing barrier" near the Blackwall Tunnel. The four grants have been awarded as part of its future [...]
Great Portland Estates and Aberdeen Asset Management sell £222m Wigmore Street office block April 27, 2015 Great Portland Estates and Aberdeen Asset Management have sold a huge office scheme at 95 Wigmore Street in London’s West End for £222.4m. The Wigmore Partnership, the companies’ joint venture, said yesterday that UBS Global Asset Management’s real estate business has bought 95 Wigmore Street near Bond Street station. The 98,800 square feet office block [...]
Croydon Tech City: What 2016 means for the Silicon Valley of South London as it attracts new startups and invests in skills January 8, 2016 As we enter into 2016, this year will be the fourth for the Croydon Tech City project which has grown into a formal organisation and movement of over a thousand entrepreneurs, venture capitalists and software developers. In that time, the borough has experienced a 38 per cent growth in tech, digital and creative startup activity [...]
Forget HS2: Only radical education reform will rescue the Northern Powerhouse March 2, 2016 The head of Ofsted, Sir Michael Wilshaw, warned last week that secondary schools in Liverpool and Manchester were “going into reverse”. Too many pupils in Northern towns and cities are simply not prepared for the next phase of their education, training or employment. In Liverpool, for example, four out of every ten schools are judged [...]
Transport for London and Boris Johnson announce £148m funding to make cycling safer and improve public spaces December 29, 2015 London's cycling infrastructure will be getting a facelift worth £148m next year. Boris Johnson and Transport for London have announced plans to improve transport services and town centres across the capital, with a number projects designed especially to improve cycling safety. The money will be going to London boroughs to pay for local transport projects, and includes [...]
Sunlight Mews: A stunning mix of old and new in Fulham May 21, 2015 A mews used to mean one thing – bijou homes in boroughs such as Notting Hill or Chelsea that once served as stables and staff quarters for Britain’s wealthy. Built in the 1800-1900s, mews houses were typically nestled away at the back of much larger, grander houses and lined two sides of a cobbled lane. [...]