Barking will today welcome the first Chinese freight train to the UK.
The train began its twelve-thousand mile journey over two weeks ago.
The new service will be cheaper than transporting goods by air and faster than sea.
The UK House Price Index will be released today.
The figures from the Office of National Statistics are expected to show that house prices across the UK have risen.
Predictions are that the rate of growth in London will be shown to be below the national average.
Almost half of Londoners think proposed changes to tax credits are a bad idea according to a new YouGov poll. Only a third are in favour.Read the full story ›
Londoners enjoy some of the shortest commutes in the country - with the longest commute being less than the UK's average, research shows.Read the full story ›
Retailers on London's West End shopping streets face an 80% surge in business rates bills according to new research. Property specialist Gerald Eve has found shops on Oxford, Regent and Bond Streets will pay a total of £293 million per year as a result of revaluation from today, which will come into effect in April 2017.
London attracts more international retailers than any other European city, according to a report published today.
The 'Destination Europe report, from global real estate adviser, JLL, found that Bond Street is the preferred street when it comes to luxury retailers. Retail space in New Bond Street can command €12,300 per square metre per year, making it the most expensive in Europe.
The capital pipped Paris, Moscow and Milan in the rankings.
House prices in London have risen by more than 17 per cent in the past year according to the latest survey.
Prices increased by at least five per cent in all of the UK's five largest cities for the first time in a decade, with London seeing the biggest rise (17.3 per cent.)
Plans for a multi-million pound redevelopment at New Covent Garden Market have been given the green light.Read the full story ›
London and the South East are facing a major skills crisis in the construction industry - with the amount of skilled labourers nowhere near meeting the demand for work. A new report by the London Chamber of Commerce and Industry, along with KPMG, reveals that when it comes to projects between now and 2017, there is a gap of nearly 15,000 workers. Without more people- and more training- this situation is set to jeopardise house building and large infrastructure projects.
The industry has experienced great difficulties in recruiting enough skilled workers, for both professional roles and manual trades, to keep pace with new work. According to the report, a 51% increase in training provision would be required to meet demand for skilled labour between 2014 and 2017 to plug the gap.
255,000 workers are needed on site to deliver the 2015 pipeline of housing yet 400,000 of the workforce are expected to retire in the next 5-10 years. 20% more workers are required to meet the pipeline of around £96 billion of construction projects in 2014-17,
Colin Stanbridge, Chief Executive of LCCI said:
"Our members have long spoken to us about their difficulties recruiting sufficiently skilled workers. The detailed findings of this report highlight just how grave skills shortages are in the construction sector, with significant deficits of capable workers across numerous trades and professions.
Richard Threlfall, KPMG UK Head of Infrastructure, Building and Construction said: "This report calls on the industry itself to wake up and take responsibility to increase levels of training dramatically. It also calls on Government and training providers to recognise that the industry is changing, with ever greater application of technology and a trend towards offsite manufacturing - the skills required in the industry tomorrow will be very different from the skills required today. And above all it calls on all in the industry to take steps to boost the image of the construction sector as an attractive career path for the next generation in our schools and colleges.