london

Budget London Tips: Tour for $15 a Day

London is rumored to be one of the most expensive cities in the world, thanks in large part to an exchange rate that is not in Americans' favor. But...

Millions of Londoners Affected by Subway Worker Strike

Millions of Londoners struggled to get to work this morning thanks to a 24-hour strike by workers on the city%u2019s subway system, known as the Tube. Transport for London, which runs the subway, said that about 40% of underground trains were operating, along with the Docklands Light Railway, which serves the financial district in the east of the city.

London Subway Strike Cripples City Transport

Londoners were forced to take buses, boats and taxis to work as a strike by subway workers crippled service. About 40% of London%u2019s subway trains ran this morning, with one line completely out of service, Bloomberg News reported. The city added about 100 extra buses and a boat with room for 500 people to help alleviate traffic congestion.

U.K. Budget Would Levy New Tax on Banks, Hike VAT

In laying out a new budget to tackle Britain's fiscal mess, newly appointed Chancellor of the Exchequer George Osborne has proposed a multibillion-pound bank levy, which will apply to the balance sheets of U.K. banks, as well as a hike in the value-added tax.

Is the Art Market Bust Finally Over?

After a year and a half of art market anguish, there are signs of a comeback, with the tone set by Lucian Freud's black eye. The coming wave of contemporary art auctions are estimated to be 68% higher than last year, bringing a renewed hope to collectors around the world.

London is tops for parking fees

It's becoming even more expensive to own a car in London. A new survey shows that the city is the most expensive for parking in the entire world,...