Morgan Sindall lands £250m Lewisham Gateway development deal July 14, 2020 Construction firm Morgan Sindall has received £252m in funding from private landlord Get Living to complete the Lewisham Gateway redevelopment project. The development, which is expected to be completed in 2023, will 649 rentable properties, as well as a combined 50,000 square feet of shops, restaurants and office spaces. It will also contain Lewisham’s first [...]
Fares now reinstated on all London buses July 13, 2020 Fares have now been reinstated on all London buses, Transport for London announced today, with enhanced safety measures meaning that passengers can now enter through the front doors. Travellers will now be required to touch in with Oyster, contactless and concessionary cards on all buses in a return to traditional arrangements, following the suspension of [...]
Transport for London trials thermal cameras to spot Covid symptoms July 13, 2020 Buses operated by Transport for London (TfL) are being scanned with thermal imaging cameras in a new trial aimed at spotting fevers on public transport, as the capital begins to return to life after months of lockdown. Thermal imaging cameras detect small changes in temperature from a distance using infrared technology, and are used to [...]
PM calls for driverless Tube trains in TfL bailout July 6, 2020 Boris Johnson has said that driverless Tube trains should be a condition of any future government bailout of Transport for London (TfL). The government gave TfL a £1.6bn support package in May following a slump in revenue as the coronavirus lockdown prevented commuters from using the service. The funding is due to expire in September. [...]
Super Saturday: Pubs to open as London braces for boozing Brits July 3, 2020 Pubs and restaurants up and down the country are preparing to open tomorrow – dubbed Super Saturday – for the first time since lockdown began, as Brits readjust to life under social distancing. Bars and eateries will be allowed to open their doors for the first time using measures such as table service and visitor [...]
DEBATE: Should the mayor of London move City Hall to the Royal Docks? June 25, 2020 Should the mayor of London move City Hall to the Royal Docks? Joanne McCartney, statutory deputy mayor of London, says YES. The catastrophic economic consequences of Covid-19 have already hit London’s economy hard. Unemployment is rising. Millions are furloughed. Tax revenues have fallen. London councils face a budget shortfall of £1.3bn this year. Transport for [...]
Sadiq Khan’s TfL fare freeze not ‘responsible’, says Grant Shapps June 24, 2020 Sadiq Khan’s decision to implement a four-year fare freeze on Transport for London services was not “responsible”, transport secretary Grant Shapps said today. Shapps made the comments when answering questions from the transport select committee about the decision to temporarily suspend free travel for under 18s as part of the government’s £1.6bn bailout of TfL. [...]
Londoners back Bailey pledge to reverse congestion charge June 23, 2020 Conservative London mayoral candidate Shaun Bailey has today submitted a petition to City Hall calling on Sadiq Khan to reverse the hike to the congestion charge. Bailey also said that he would undo the increase on the first day of his mayoralty, should he be elected next year. The petition, which has been signed by [...]
Exclusive: Elixirr seeks London IPO to end coronavirus drought June 19, 2020 Management consultancy firm Elixirr, whose clients have included Barclays, O2 and RBS, is seeking a London IPO, ending a two-month drought in flotations on the London Stock Exchange. Elixirr will seek a listing on London’s junior AIM exchange this summer, City A.M. can reveal. The company, founded in 2009, plans to go on an equity-funded [...]
Costain’s activity levels stabilise after pandemic impact June 19, 2020 British construction firm Costain has said overall activity levels have now stabilised, after the firm’s London projects ground to a halt during lockdown. Costain’s performance was hampered by the coronavirus pandemic with major projects, amounting to a third of operating revenue suspended. On-site activities in London were more significantly impacted during lockdown, as the firm [...]