European stocks rally as Boris Johnson’s Brexit deal is approved December 21, 2019 European stocks came close to a record high on Friday following a vote on Boris Johnson’s Brexit deal in Parliament. The Prime Minister’s deal was passed in a second reading in the House of Commons, which now makes the UK’s exit from the EU on 31 January increasingly likely. Read more: UK stocks surge as [...]
Christmas travel disruption: everything you need to know December 21, 2019 It’s Christmas! Which means, among happier things, torturous travel planning as city-dwellers escape to the country for a few well-earned days off. But fear not – we at CityAM have put together this handy guide to make your holiday travel as pain-free as possible. Here’s a list of planned disruptions, reduced services and engineering works [...]
Here’s to another 10 years of City success December 20, 2019 It has been a decade of great upheaval for the City. January 2010 saw the UK economy just starting to come out of recession, with unemployment at its highest in 15 years, and a raft of regulations and inquiries into the financial services sector imminent, not to mention an election that would mark the start [...]
All Londoners want for Christmas is some kind of public transport December 20, 2019 This week, newspapers are reporting how the great Christmas get-away is about to begin — or better still, that the fabled seasonal shut-down is about to commence. For many readers, the break can probably not come soon enough. For sure, it has been a year of ups and downs for London and the South East’s [...]
Muggings and robberies have shot up in London since 2015 December 19, 2019 The amount of muggings and pickpocketing in London has risen by 56 per cent in the past three years. Figures from the Metropolitan Police and the Mayor’s Office for Policing and Crime dashboard show there were 53,966 reported incidents of “theft from person” between August 2018 and September 2019. Read more: TfL: Crime rates on [...]
London City Airport given carbon neutral accreditation December 19, 2019 London City Airport has been designated as carbon neutral, making it the capital’s most sustainable airport. The Airport Carbon Accreditation programme has given the airport its highest rating, signifying the airport is carbon neutral. Read more: Extinction Rebellion protester lies on top of London City Airport flight in protest This means that all carbon emissions that cannot [...]
DEBATE: Is it time to reform the civil service, as Dominic Cummings intends? December 19, 2019 Is it time for a full restructuring of the civil service, as Dominic Cummings intends? YES, says Duncan Simpson, research director at the TaxPayers’ Alliance. The “Rolls Royce” reputation of the civil service has long been in question. From hugely overpriced procurements in defence and transport, to overly-anxious advice on EU exit negotiations, the supposed [...]
Panic station: Major disruptions at London Victoria December 18, 2019 Commuters travelling home from London Victoria faced major delays and cancellations this evening, as a signal failure caused severe disruption at one of the country’s busiest stations. Victoria was brought to a standstill, with images on social media showing hundreds of passengers held on the station concourse waiting for Southern, Southeastern and Gatwick Express trains [...]
Revealed: Testing delays mean Crossrail may not open until October 2021 December 18, 2019 The central section of Crossrail may not be open before October 2021, despite claims it could be launched in the first quarter of that year. The project has been cursed with endless delays and budget blowouts, with its cost now expected to be £18.25bn – £3.4bn over its original costings. Crossrail bosses announced in November [...]
Experts unsure about the effect of air pollution on the Tube December 18, 2019 The effects of the high levels of dust and air pollution throughout London’s Tube system is unknown, according to a new report. A London Assembly report into Tube dust confirmed that “concentrations of particulate matter on underground platforms” are much higher than outside. Read more: London Underground has the city’s highest level of air pollution [...]