John Laing Infrastructure Fund boosts profit ahead of £1.45bn takeover August 31, 2018 John Laing Infrastructure Fund (JLIF) today announced a spike in pre-tax profit for the half-year, ahead of its takeover by a consortium for £1.45bn. Earlier this month JLIF agreed to a £1.45bn takeover by a consortium which includes Dalmore Capital and Equitix Investment Management. Read more: GAM Holding sets out plan to pay back investors [...]
Sadiq Khan slammed for ‘shocking’ strikes record ahead of Central Line action November 6, 2018 Sadiq Khan has been accused of having the worst strikes record of any London mayor despite promising there would be zero industrial action on his watch. Tomorrow's strike on the Central Line by the Aslef and RMT unions marks the 15th strike to occur since Khan was elected in May 2016. That figure includes 11 Tube strikes, one bus strike, [...]
DLR Srikes across London May 29, 2018 As the Easter getaway begins, London City Airport is working closely with Transport for London (TfL) to mitigate some of the impact on passengers caused by the 48-hour Docklands Light Railway (DLR) strike. Thanks to contingency plans, TfL has been able to operate reduced services since approximately 07.00AM between Canning Town and London City Airport [...]
Brits brace for Christmas travel trouble with “Frantic Friday” on the roads ahead of series of rail strikes and station closures December 22, 2017 Brits today face the busiest date for travelling on the nation’s roads, at the start of a festive period stacked with travel troubles including rail strikes and numerous station closures. The RAC has warned drivers against travelling today where possible with last-day commuters mixing with an expected 1.25m leisure trips. It has been dubbed “Frantic [...]
London travel, train strikes and closures: What’s closed from Boxing Day until New Year’s Day December 26, 2017 ‘Tis the season to avoid much of the public transport network, as engineering works take advantage of the holiday lull in passenger numbers. Here’s your post-Christmas run-down of what you need to know in London until New Year’s Day. The Tube The Tube will run a Sunday service on Boxing Day and on New Year’s [...]
Disruption on the DLR leads to Monday morning rush hour delays for City commuters March 20, 2017 City commuters are facing disruption this morning, with delays on the Docklands Light Railway. Transport for London warned of severe delays on the line between Canary Wharf/Poplar and Bank, and said it was due to a person ill on a train earlier. https://twitter.com/LondonDLR/status/843723794778902529
New homes: Spanking new property going on sale this weekend in Greenwich, Blackwall, Southfields, Hendon and Old Isleworth February 17, 2017 Kidbrooke Village, Greenwich From £850,000 Buy a home that you can grow into over time by snapping up an adaptable Urban House. Berkeley Homes has designed these three to four bedroom houses on its development in Greenwich so you can upgrade them over time, depending on your living situation. The ground floor, for instance, can [...]
There’s going to be a major Tube strike: Here’s what you need to know January 8, 2017 Happy new year, everyone: London will grind to a halt on Monday as Tube staff from the RMT and TSSA unions go on a 24-hour strike over ticket office closures. Transport for London (TfL) has warned customers to be prepared for most stations throughout Zone 1 to be closed throughout the action. Here's what you [...]
Who owns the UK’s railways? Well, not British firms in many cases January 11, 2017 The sale of the C2C rail franchise – labelled by consumer groups as the best network into London – has once again sparked concerns that Britain's railways are being taken over by foreign, often state-owned, firms. National Express' sale of its final franchise in the UK was part of the FTSE 250 firm's strategy to target [...]
London mayor Sadiq Khan has secured a £15m windfall after licensing contactless ticketing technology July 13, 2016 London mayor Sadiq Khan has secured a £15m windfall after licencing the technology behind Transport for London's contactless ticketing system. TfL technology can now be used worldwide by Cubic Transportation Systems, which provides ticketing tools in Sydney, Brisbane, Vancouver and Chicago. London mayor Sadiq Khan said the cash from the licensing deal will go towards the delivery [...]