LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Khan to pedestrianise Oxford Street – London Business News | London Wallet

Philip Roth by Philip Roth
June 17, 2025
in UK
Khan to pedestrianise Oxford Street – London Business News | London Wallet
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Ukrainian elite forces hit Russian bases deep ‘behind enemy lines’ – London Business News | London Wallet

Visa and Mastercard on red alert as fears of political shutdown mount – London Business News | London Wallet

City banking giant gives Starmer just months left in No.10 – London Business News | London Wallet

The Mayor of London Sir Sadiq Khan has said he will go ahead and pedestrianise Oxford Street after he has secured “North Korean” support from Londoners.

More of the road will be closed off to traffic in the eastern section between Oxford Circus and Portland Street and also the western section between Oxford Circus and the western edge by Selfridges.

The pedestrianization of Oxford Street will cost £150 million and the changes could take until 2027 or longer.

Speaking to The Standard on Tuesday, the mayor said: “These are North Korean-type results. It’s quite remarkable. Somebody is going to rename me Kim [Jong Un, the North Korean dictator] soon, but I am really pleased and proud.

“In terms of our consultation, almost 7,000 responded – and seven out of 10 support our bold plans to regenerate this iconic street…. I’m impatient to see progress on this street.”

When asked about Oxford Circus, Khan said, “Orchard Street to Great Portland Street may be the first phase.

“I think you have got to phase this street – you can’t do it all in one big bang. We will ask the designers and planners to come up with the proposals, and we will consult on those, and make sure the plans we have for phase one are the best possible plans we can have.”

The Mayor will work with the government and the required legislation will be drafted.

Khan said, “Oxford Street has suffered over many years so urgent action is needed to give our nation’s high street a new lease of life.

“It’s clear that the vast majority of Londoners and major businesses back our exciting plans, so I’m pleased to confirm that we will now be moving ahead as quickly as possible.

“We want to rejuvenate Oxford Street; establish it as a global leader for shopping, leisure and outdoor events with a world-class, accessible, pedestrianised avenue. This will help to attract more international visitors, and act as a magnet for new investment and job creation, driving growth and economic prosperity for decades to come.

“Our plans are not only about creating a beautiful public space where people can shop, eat and connect – but transforming Oxford Street into a place Londoners and the whole of the country can be proud of, as we continue to build a better London for everyone.”

Angela Rayner, the Deputy Prime Minister, said, “We want to see Oxford Street become the thriving place to be for tourists and Londoners alike, and that’s why we welcome the Mayor of London’s bold proposals to achieve that.

“We will support the Mayor in delivering this ambitious vision, which will help to breathe new life into Oxford Street – driving investment, creating new jobs for local people, and providing a boost to economic growth in the capital in line with our Plan for Change.”



Source link

Share30Tweet19
Previous Post

Suzuki reveals prices for its first EV, a twin to Toyota’s upcoming electric SUV

Next Post

The crypto fund domicile decision: EU or the UK?

Philip Roth

Philip Roth

Recommended For You

Ukrainian elite forces hit Russian bases deep ‘behind enemy lines’ – London Business News | London Wallet
UK

Ukrainian elite forces hit Russian bases deep ‘behind enemy lines’ – London Business News | London Wallet

February 17, 2026
Visa and Mastercard on red alert as fears of political shutdown mount – London Business News | London Wallet
UK

Visa and Mastercard on red alert as fears of political shutdown mount – London Business News | London Wallet

February 17, 2026
City banking giant gives Starmer just months left in No.10 – London Business News | London Wallet
UK

City banking giant gives Starmer just months left in No.10 – London Business News | London Wallet

February 17, 2026
Croatia refuses transit of Russian oil to Hungary and Slovakia – London Business News | London Wallet
UK

Croatia refuses transit of Russian oil to Hungary and Slovakia – London Business News | London Wallet

February 17, 2026
Next Post
The crypto fund domicile decision: EU or the UK?

The crypto fund domicile decision: EU or the UK?

Related News

Lincoln Electric is bringing DC fast charging to sites WITHOUT 3-phase power

Lincoln Electric is bringing DC fast charging to sites WITHOUT 3-phase power

November 19, 2025
This tech upstart is going after a piece of Nvidia’s AI business, says Needham

This tech upstart is going after a piece of Nvidia’s AI business, says Needham

September 16, 2025
Fewer would-be-tenants flying the nest as rents soar – London Wallet

Fewer would-be-tenants flying the nest as rents soar – London Wallet

June 12, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • jutawantoto
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?