The Anonymous Widower

Finsbury Circus Appears Fully Open

I bought my breakfast yesterday in Leon on Moorgate and ate it in the nearby Finsbury Circus Gardens.

It is now fully open.

This picture shows the gardens during the construction of Crossrail.

Note.

  1. The bandstand can be picked out amongst the trees.
  2. The shaft towards the bottom is forty metres deep and was used to get men and materials to the tunnels.

Comparing the pictures shows that the gardens are now able to used for their original purpose.

April 1, 2021 Posted by | Food, Transport, World | , , , | 2 Comments

Gore Street Energy’s £60mln Fundraise Significantly Oversubscribed

The title of this post, is the same as that of this article on Proactive Investors.

Surprise! Surprise!

Well not to me! Or I suspect Which!

This article on Which is entitled Solar Panel Battery Popularity Is Booming: Should You Buy One?

I have read the article and it leaves, the overall impression, that the UK population are thinking seriously about adding batteries to their solar panels.

So if the UK population is thinking seriously about personal energy storage, it would be very surprising if professional fund managers weren’t thinking the same.

After all, I did write World’s Largest Wind Farm Attracts Huge Backing From Insurance Giant, over two years ago.

So if we’re operating and commissioning offshore wind farms like these.

We’re going to need some humungous batteries to tide us through calm periods.

As I write this post on a Monday afternoon, the UK is generating 11.5 GW of electricity by wind, which is more than we’re generating by biomass, coal and nuclear combined.

This is a quote from Alex O’Cinneide, who is Gore Street Capital’s chief executive, in the Proactive Investors article.

We are looking forward to deploying this capital against our significant global pipeline of 1.3GW and towards the capital expenditure requirements in the company’s existing 440MW portfolio.

Gore Street certainly seem to be expanding, their portfolio of batteries.

Conclusion

The City of London has discovered renewable energy and found a way to fund it, to the benefit of all investors, from the guy with a pension managed by a reputable company to global insurance companies, funds and other companies, who have billions of pounds, dollars or euros, that needs a profitable home.

The next big development will come, when a company like Gore Street goes Giga and decide to fund Gigawatt batteries being developed by the next generation of energy storage companies, like Gravitricity, Highview Power, Siemens Ganesa and Zinc8.

 

December 14, 2020 Posted by | Energy, Energy Storage, Finance | , , | Leave a comment

Do We Need More Bikes Like This?

When I moved back to London in 2010, bikes like this were rare!

Now, you see various bikes every day delivering bread, children, dogd and parcels in the City and East End of London.

It swhould be noted that in a circle of two to three miles from Bank, London is fairly flat and ideal cycling terrain.

But we still need more!

Have we got enough people, prepared to ride them?

September 9, 2019 Posted by | Transport | , , , | Leave a comment

Is This A Massive Endorsement For The City Of London?

This Google Map is dominated by the new Goldman Sachs building in the City of London.

Make what you want of the building and its significance for the City.

But is it an endorsement of a strong future or a monument to a glorious past?

Location, Location, Location

One property developer once said, these were the three most important things about a property.

This Google Map shows the location with respect to Farringdon station.

The station, which is at the top of map, will be the best connected in Central London as it will be the crossing of Crossrail and Thameslin. That probably won’t be important to some of the employees of Goldman Sachs, but the building apparently has favoured bicycle spaces over car parking.

Note just to the South of Farringdon station, two of the large buildings of Smithfield Market. These two are very much under-used and plans exist to convert part of them into the new Museum of London.

But a lot of the area between Goldman Sachs and Farringdon is under-developed and will the Goldman Sachs decision, lead to more development of offices, hotels and residences in this part of London at the West of the actual City?

Terminal Six At Heathrow And Terminal Three At Gatwick

I often joke, that this area, will become extra terminals at Heathrow and Gatwick Airports, with an easy link to the trains to Scotland and the Continent just a short taxi ride, bicycle ride or one stop on the Underground up the road at Kings Cross and St. Pancras.

A Walk From Smithfield To The Goldman Sachs Building

These are some pictures I took on the way.

The New Museum Of London Site

Holborn Viaduct

The Goldman Sachs Building

I’m sure that if I can walk to and from Farringdon station at seventy-two, then a lor of people working in the building will use the railway to get to and from work.

Conclusion

Have Goldman Sachs decided to build their new offices at the Crossroads of the World?

 

September 3, 2019 Posted by | Finance, Transport, World | , , , , , , | Leave a comment

Wimbledon Comes To The City

I took these pictures in Spitalfields today.

Perhaps, we should do it more often!

July 4, 2019 Posted by | Sport, World | , , , | Leave a comment

Are Attitudes To Cars Changing?

There were two articles on the same page of yesterday’s Times.

City Steps Up Safety Drive With 15mph Limit

This is the first paragraph.

A blanket speed limit of 15 mph will be introduced in the City of London as part of a safety drive.

They are intending to have the limit in place by 2021-22!

Hopefully, in that time, these rail projects will be finished and discouraging the use of vehicular traffic.

  • Crossrail
  • The capacity increase at Bank station.
  • New trains and faster suburban services into Cannon Street, Liverpool Street, London Bridge and Moorgate stations.
  • Frequency improvements on the Circle, District, Hammersmith & City and Metropolitan Lines.
  • Better cycling and walking routes.

The City of London wants to attract more visitors and these projects and the speed limit will surely help.

Travellers Who Arrive Ar Heathrow By Car Face Pollution Charge

This is the first paragraph.

Motorists will be charged up to £15 to drive to Heathrow under plans to combat congestion and pollution around London’s busiest airport.

Heathrow’s Chief Executive, is quoted as saying.

Three or four years ago the general mood was of opposition. The mood has changed hugely.

I believe that Hathrow can cut its carbon and pollution footprints significantly, by the following.

  • Making all air-side vehicles zero-carbon.
  • Increasingly the rail lines and services to the Airport.
  • Encouraging passengers and workers to go to and from the Airport by zero-carbon transport.

I also think, that an Airport, that marketed itself as No Addition Carbon, could attract more passengers.

May 26, 2019 Posted by | Transport | , , | Leave a comment

A Tale Of Two Cities

This article in the Evening Standard is entitled Traffic Will Be Banned From Three Roads Leading To Bank Junction Following Cyclists’s Death.

  • Priority will be given to pedestrians and cyclists at Bank Junction in the City of London.
  • The works will be completed before the works at Bank station are completed in 2022.
  • There may be a street market in front of the Bank of England.
  • The taxi drivers don’t like it.

Compare this to the attitude of London’s other city;Westminster, which has recently, gone against the pedestrianisation of part of Oxford Street and the extension of a Cycle Superhighway.

February 13, 2019 Posted by | Transport | , , , , , | 2 Comments

The New London Pollution Charge — May Be Mayor Sadiq Khan’s ‘Poll Tax Moment’

The title of this post is the same as that of a news story in today’s Sunday Times.

This is the first paragraph.

The ‘ultra-low emission zone’ will force 1m motorists to pay the £12.50 daily charge — or get off the road,

The Sunday Times has done a detailed analysis and makes the following points about the Ultra Low Emission Zone (ULEZ).

  • About a million vehicles will be liable to the new levy.
  • The ULEZ charge of £12.50 will be a nice little earner for Transport for London (TfL).
  • The ULEZ charge will raise three times as much as the Congestion Charge.
  • It could collect up to £1.5billion per year.
  • Some people will be paying £4,000 a year to drive their own car.
  • Initially, the charge will only be levied in Central London, but after 2021, it will apply inside the North and South Circular Roads.
  • The Sunday Times has read some TfL impact assessments.

Reading the full article convinces me, that I made the right decision to give up driving.

I am in favour of the ULEZ, as I suffer from pollution and I don’t have a driving licence because my eyesight was damaged by a stroke.

But Sadiq Khan seems to have forgotten a lesson of recent history, where the City of Westminster voted down his laudable aim of pedestrianising part of Oxford Street.

On that issue, he should have pedestrianised all of it. Just as the City of London seems to be doing!

But the motoring lobby gave Westminster a good kicking and do you think, they will be less active at the ballot box in the next Mayoral Election?

Few would vote for someone, who would tax them an extra £4,000 a year.

Sadiq Khan is a well-meaning politically-correct lightweight, who doesn’t think through the effects of his promises.

 

 

December 9, 2018 Posted by | Transport, Uncategorized | , , , , | 1 Comment

Like Norman Foster’s Gherkin? Meet His Cocktail Cornichon

The title of this post is the same as that of this article in The Guardian.

It has the following sub-title.

The Tulip, Foster’s strange proposal for a Mini-Me Gherkin on a stick, is a parody of architectural hubris he’s hoping will get the billionaire owner out of a pickle.

The article is the best I can find about The Tulip, which if it gets planning permission could be a new addition to the skyline of the City of London.

I’ve been to the top of the Gherkin and I took this picture.

The View From The Gherkin At Night

If someone else is paying, I recommend you go!

Lord Foster is 83 and like David Hockney, who is a couple of years younger, they have built their reputation and are at an age, where they can do things that amuse them and have fun!

And if someone pays them for it, it’s a bonus.

I would certainly like to see The Tulip erected in the City of London.

But I doubt, it will get through the planning process.

 

 

 

November 19, 2018 Posted by | World | , , , | Leave a comment

The City Of London Reaches For The Sky And Keeps More Feet On The Ground

This article on Construction News is entitled City of London To ‘Encourage’ New Skyscrapers.

This is the first two paragraphs.

The City of London Corporation has opened the door to a new wave of towers and an overhaul of one of its main routes as part of draft new local and transport plans.

The local authority wants to encourage the development of new towers able to provide an “iconic image of the City” that will enhance its global standing in the finance, professional services and commerce sectors.

The main route to be upgraded will be Bishopsgate between Liverpool Street station and London Bridge.

  • Pedestrians will have more priority.
  • Cycling and walking will be improved.
  • The public realm will be upgraded.

It the Peak hours, it could become one the busiest walking and cycling routes in the world.

  • At the Northern End, there is Liverpool Street station and Crossrail.
  • At the Southern End, there is London Bridge, London Bridge station, Southwark Cathedral and the River Thames.
  • Just to the West, is the massive Bank station complex.
  • Just to the East, is the soon-to-be-redeveloped Fenchurch Street station.

In addition, the road is fringed on either side with alleys, side streets and the impressive Leadenhall Market, many of which are full of restaurants, cafes, pubs and retail outlets.

Conclusion

In the article, Brexit wasn’t mentioned once, but a large increase in employment wasn’t.

Has the City of London, just put several handfuls of fingers up to the selfish plans of others?

 

 

November 6, 2018 Posted by | Business, Finance, World | , , | Leave a comment