Boris Johnson says third runway at Heathrow “will be stopped” October 25, 2016 Foreign secretary Boris Johnson has said a third runway at Heathrow is "undeliverable", after the government gave the airport's expansion plan the green light earlier today. "I think it very likely it will be stopped," Johnson added. The former London mayor has been set against expansion of the west London airport for years now. He previously [...]
Heathrow legal fight “far from over”, says council October 25, 2016 Wandsworth council's leader has warned that the Heathrow fight is "far from over", after the government gave the airport the green light for expansion. Wandsworth is one of a group of councils that had already pledged to launch legal action should the decision be made. Reacting to the airport expansion decision, Wandsworth council leader Ravi Govindia said: "This is deeply distressing [...]
How businesses reacted to the Heathrow decision October 25, 2016 It's taken a while, but businesses have welcomed the news that Heathrow expansion today got the go-ahead from the government. The IoD: "The Davies Commission process set up a false choice between Heathrow and Gatwick" Dan Lewis, senior adviser on infrastructure policy at the Institute of Directors, said: "Business will welcome the fact that the [...]
Heathrow expansion gets the green light from government October 25, 2016 It has taken much longer than many wanted but the government has confirmed Heathrow's third runway is getting the go-ahead. Transport secretary Chris Grayling said: A new runway at Heathrow will improve connectivity in the UK itself and crucially boost our connections with the rest of the world, supporting exports, trade and job opportunities. This [...]
Winner of the West Coast main line will run the first HS2 trains October 25, 2016 The winner of the West Coast main line retendering is expected to be offered the chance to operate the first trains on the HS2 line. According to The Times, the Department for Transport (DfT) doesn't want the lines competing with each other at first, so the winner of the next franchise will be invited to run the [...]
Airport expansion: What happens next? October 25, 2016 Decision day is here and the government is set to announce its decision on airport expansion in the coming hours, but what happens after that? There have been concerns that more delays are on the cards after Theresa May said the final vote on the government’s preferred option won’t be until the end of 2017/18, but [...]
Heathrow vs. Gatwick? It’s decision day for airport expansion in the south east October 25, 2016 The government will announce its long-awaited decision on airport expansion today, with transport secretary Chris Grayling expected to signal expansion across the UK's regional airports, as well as in the south east. Heathrow is the favourite to get the green light over Gatwick, while Grayling will also stress the desire for further projects beyond the site. Although [...]
Jessica Ennis-Hill and Jenson Button launch campaign to encourage Londoners to use their bikes during the winter October 24, 2016 London's cyclists were given a helping hand to brighten up on the roads as part of a new initiative supported by Olympian Jessica Ennis-Hill and Formula One ace Jenson Button. Nearly half of Londoners are put off from cycling in the dark for fear of not being seen, according to research by Santander, the current sponsor of Boris bikes. Read more: Jess [...]
As a standalone product, the Lifetime ISA is of little use to Londoners October 24, 2016 If it sounds too good to be true, it probably is, as the old adage goes. If someone offered you free money, the first thing you’d ask is: “what’s the catch?” So when the government says it’s willing to give you up to £1,000 a year, for up to 32 years, it’s certainly worth taking [...]
JP Morgan Cazenove to oversee the sale of London Stock Exchange’s Paris-based clearing business LCH SA for €500m October 23, 2016 JP Morgan Cazenove has been appointed to oversee the sale of London Stock Exchange’s Paris-based clearing business LCH SA for up to €500m, a deal crucial to the success of the company’s merger with Deutsche Boerse. City PM understands that the bank will be seeking to drum-up competition for LCH SA, with pan-European exchange Euronext thought to [...]
