Tag: UK

Main tube upgrades shelved as TfL struggles to steadiness books | UK information

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Plans to improve main components of the London Underground might be placed on maintain after a decline in passenger numbers, authorities cuts and delays to the opening of Crossrail have left the capital’s transport authorities struggling to steadiness…

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Retail knowledge suggests UK political turmoil taking its toll this Christmas | Enterprise

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Poor figures from John Lewis, and a slowdown at Tesco and Sainsbury’s has raised contemporary issues that the unsure political local weather is taking its toll on shopper confidence this Christmas. December is essentially the most profitable time…

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UK employees get largest pay rise in a decade | Cash

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British employees secured their largest pay rise in a decade within the three months to October, regardless of an increase in unemployment that exposed cracks in Britain’s beforehand strong labour market forward of Brexit. Common weekly earnings, together…

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Pound close to 20-month low amid Brexit uncertainty, forward of UK jobs knowledge – enterprise stay | Enterprise

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Good morning, and welcome to our rolling protection of the world economic system, the monetary markets, the eurozone and enterprise. The pound is within the eye of an enormous political storm this morning, after Brexit took one other…

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Mayor Sadiq Khan to take a look at imposing hire controls in London | UK information

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The mayor of London has hinted that he’s contemplating introducing hire controls throughout the capital in a radical overhaul of personal rental legal guidelines. Sadiq Khan instructed an MP that London wanted to undertake a “strategic strategy to…

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Crossrail now delayed to 2020 and to value one other £2bn | UK information

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The ultimate invoice for Crossrail might attain £17.6bn, with London choosing up the doubtless £2bn shortfall for the brand new rail line that can now be delayed till at the least 2020. A bailout has been agreed between…

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Tycoon Vijay Mallya may be extradited to India, UK decide guidelines | World information

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The drinks tycoon Vijay Mallya may be extradited to India to face allegations of fraud, a UK decide has dominated. Mallya, the chairman of the UB Group, is needed in his house nation over money owed incurred by…

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Crossrail could not open subsequent yr regardless of mooted additional £1bn | UK information

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Crossrail might swallow up one other £1bn in funding and be delayed past 2019, ministers are anticipated to confess this week. The flagship building mission to create a brand new high-capacity practice line throughout London had initially been…

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UK excessive streets face quietest Christmas since credit score crunch | Enterprise

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The disaster on Britain’s excessive streets is to accentuate this Christmas, with shopkeepers making ready themselves for the quietest festive interval because the credit score crunch, in keeping with forecasts. A mix of low client confidence due to…

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Delays and departures as yet one more infrastructure mission goes off the rails | UK information

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Long earlier than spades have hit the bottom to construct Britain’s deliberate £55bn high-speed prepare community, HS2 has given the looks of hurtling uncontrolled. HS2 Ltd is welcoming its third chairman within the final 5 months after the…

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