All of London’s black cabs will take contactless payments from Halloween October 28, 2016 Are we about to witness the death of cash? That may be slightly premature, but London's black cabs have announced a big step forward and it means passengers won't be hindered by only having cards on them. Passengers will be able to pay for any journey using solely credit and debit cards, including contactless payments [...]
Unicorn-drawn cabs are taking commuters to work from Canary Wharf DLR today October 28, 2016 It's a pretty miserable day today, but Canary Wharf commuters are about to get a blast of magic, thanks to a carriage which will take them to work – and is drawn by a pair of bonafide (kind of) unicorns. The "Unicab" is available to workers around Canary Wharf DLR station this morning, and will fit you and three [...]
The Square Mile will lose business and jobs because of Brexit, according to Canada chief Mark Boleat October 27, 2016 Canada policy chief Mark Boleat has warned it is “inevitable” that the Square Mile will lose business as a result of Brexit. Speaking at Canada dinner tonight (27 October), Boleat warned that New York will likely be the biggest beneficiary of any jobs losses resulting from the UK's departure from [...]
Now Tube workers on the Piccadilly line are voting on strikes October 27, 2016 The Rail, Maritime and Transport (RMT) union has been busy. Yesterday it announced it was balloting Southern Rail drivers over the long-running dispute on the role of guards, and 3,500 London Underground staff following a security incident at North Greenwich Tube station. The union said the incident had put safety "back at the top of the agenda". Read [...]
Attention Philip Hammond: CBI wants longer maternity leave and a £6bn investment boost in the Autumn Statement October 27, 2016 As the unveiling of the chancellor's Autumn Statement draws closer, lobby groups are setting out their proposals in the hope Philip Hammond might listen. The CBI has just unveiled its wishlist and it's calling on the chancellor to take on an £11.5bn shopping list of measures, that would fall to around £7bn by 2020/21. Read [...]
The Big Bang 30 years on: How the City went from bowler hats and liquid lunches to smartphones and tossed salads October 26, 2016 There’s now a whole generation of City workers – and City PM readers – who weren’t even born when the markets were deregulated back in 1986. Standing in Leadenhall Market on a week-day afternoon, they could be forgiven for thinking the City hadn’t changed all that much over the last 30 years. Hundreds of besuited [...]
Inside Big Bang: The chaotic October morning that created the modern City October 26, 2016 Shortly before 8am, as Sir Nicholas Goodison surveyed the floor of the Exchange crowded with foreign television crews and curious journalists, he was a little apprehensive. After so much hype about the possibilities of what had been termed Big Bang, and difficult negotiations with Margaret Thatcher’s ministers, and efforts to persuade the more conservative elements [...]
Victoria Line services delayed after person hit by train at Seven Sisters October 26, 2016 Services on the Victoria Line are subject to severe delays this afternoon after a person was killed after being hit by a train at Seven Sisters Tube station earlier today. British Transport Police (BTP) were alerted to reports that a person had been hit by a train at the North London station at around 11.15am. "Officers attended [...]
Combined Tube and Southern strike action to set up Christmas chaos October 26, 2016 More good news for Christmas commuters: not only has the Rail, Maritime and Transport (RMT) union confirmed it will ballot 3,500 London Underground workers for strike action, it’s also balloting drivers on Southern Rail. The ballot will open next Friday on the 4 November and close on the 18 November, mirroring the timetable planned for [...]
