The future of infrastructure needs artificial intelligence and new ways of working January 15, 2019 During our morning commutes to work, many of us will grumble about unreliable trains, packed tube carriages, or too much traffic on our highways. And yet, despite these complaints, we tend to keep a stiff upper lip and bear with the current state of infrastructure, rather than question how things could become better. But if [...]
Christmas sales grow at St Pancras International despite retail gloom January 15, 2019 Commuters choosing to do their Christmas shopping at St Pancras International station grew 6.3 per cent in 2018 compared to the year before, according to figures released by the station's operator today. The rise was driven by growing passenger numbers and strong growth in non-food sales, the company said. St Pancras has welcomed a number of [...]
London drives increase in number of new UK startups January 14, 2019 London entrepreneurs defied political and economic gloom last year with a jump in the number of registered startups. More than 216,000 new businesses were registered in the greater London area last year, a 6.45 per cent increase on 2017. Across the UK as a whole, the number of new companies registered last year rose by [...]
Chelsea FC turnover hits a record after bumper financial year for owner Abramovich January 13, 2019 A return to the UEFA Champions League helped deliver record turnover for Chelsea Football Club in 2018, adding to a bumper financial year for its owner Roman Abramovich. The Russian billionaire, who recently emerged among the FTSE's big winners in 2018 largely due to rising steel prices, has seen turnover at his Premier League club hit [...]
Heathrow breaks through 80m passenger mark as it plans for expansion January 11, 2019 A record-breaking 80m passengers travelled through Heathrow last year as the airport reaped the rewards of larger planes and an increase in bookings. Heathrow saw its passenger numbers rise 2.7 per cent in 2018 on the year before, becoming one of only seven airports in the world to surpass the 80m mark. December was a [...]
City commuters face paying an extra £71 in parking charges at key Essex stations January 11, 2019 City workers will face increased charges for leaving their cars at stations in Essex, in a second blow to commuters after fares were put up earlier this year. Operator c2c said it was increasing charges by 40p for daily tickets, with annual passes rising by up to £71. Read more: Rail fares rise by 3.1 per [...]
City firms draft in extra staff for crunch Brexit deal vote in preparation for market volatility and investor calls January 11, 2019 The City is bracing itself for next week’s crunch vote on Theresa May’s Brexit deal with banks drafting in extra staff to work through the night responding to market volatility and investor calls. MPs will finally vote on the Prime Minister’s withdrawal agreement on Tuesday after a month's delay, with traders, investors and analysts on [...]
Canada Corporation warns against second Brexit vote January 10, 2019 Canada Corporation councillors have voted overwhelmingly against supporting a second referendum on Brexit, as the House of Commons wrangles over how to proceed in the likely event it votes against the Prime Minister’s deal next week. The court of common council, the Square Mile's historic legislative body, today debated a motion by councillor [...]
Air pollution on the Tube is 30 times worse than on London’s roads January 10, 2019 Travelling on the London Underground exposes you 30 times more air pollution than standing by a busy road, according to a new study. The report by the Committee on the Medical Effects of Air Pollutants (Comeap), published yesterday, claimed that air at Hampstead station, the deepest Tube station in London, had a particulate matter concentration [...]
