Andrew Ferrier

Economics; Travel; Film; and Technology.

Archive for the ‘london’ tag

NBA @ O2

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I went to the see the NBA game at the O2 Arena on Sunday evening on a last minute whim – Chris had a ticket spare.

The game was certainly entertaining (everything the Telegraph says about attention deficit disorder is true), even though I know little about basketball. It gave me a chance to try out my (new to me) telephoto lens. I was a little disappointed with the results once I pulled them off the camera – I had trouble sucking in enough light whilst getting stable shots – but I still ended up with one or two reasonable ones, although mostly not of the game itself.

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October 14th, 2008 at 10:56 pm

Byron

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Decent Hamburger restaurant in Kensington. Well worth a try. Another similar option is Tootsie’s, nearby.

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October 2nd, 2008 at 8:17 pm

BAA Break-up

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I’m kinda undecided on the BAA break-up. The FT thinks it should definitely go ahead. But as a fairly strict libertarian, and therefore keen on economic freedom, I’ve always had a problem with monopoly break-up except in the most extreme of cases (and I’m not sure this qualifies).

Nevertheless, as my job now takes me onto an aeroplane more than I before, I’m curious and so I read the summary from the Competition Commission’s provisional report. I’m not sure I’m any the wiser, but there were some interesting facts and statistics embedded within:

  • Gatwick’s proportion of business travellers is a mere 18%, far lower than I would imagine (I know it’s not strong on the transfer front, but normally appears to have many terminating flights to useful places, from what I’ve seen). By comparison, Heathrow’s is 40%.
  • From the set of BAA-owned airports, only Heathrow and Aberdeen have above 20% of transferring passengers, with 34% and 21% respectively. Heathrow’s reputation as a hub is clearly deserved.
  • BAA’s airports account for 60% of UK air passengers, but 90% in south-east England, and 84% in Scotland. Maybe there could be a local monopoly at work here, at least?

It’s interesting that the Competition Commission makes lots of slights about poor service, lack of responsiveness to the market, high prices, and so on. This seems a bit unfair. I’ve often wondered how one can gauge the degree of monopoly exploitation fairly, partly there’s rarely an accurate enough free-market alternative implementation to compare it to. The theory does dictate that a monopoly might happen, given some of the stats above, but saying that there is one is a much bigger stretch. This does make me think that perhaps a bit more laissez-faire might go a long way in keeping things market fair – although, as I think they hint at, a bit less regulation would help even things out too.

Written by andrewferrier

August 26th, 2008 at 9:34 pm

Not-so-Jubbly Line

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I’m beginning to enjoy transport in London almost as much as Richard. Got to Waterloo this morning to find that once again, the Jubilee line entrance was closed – this happened last Monday too. Not being a fan of taking replacement buses and braving the crowds with two large bags half-way across London, I copped out and got a taxi.

But what’s going on here? And why are TfL incapable of communicating with me when it does?

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August 26th, 2008 at 3:53 pm

24h Doughnuts

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I generally consider myself to be a pretty liberal guy (in the old-fashioned sense). However, 24-hour doughnuts are testing my patience. Lots of London Tesco Express stores now seem to stock delicious Krispy Kremes, and to compound the evil, they do it at all times of day and night, just outside the hotels I tend to stay in. I think they are following me.

They should clearly be banned.

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July 31st, 2008 at 8:15 pm

Black & Blue

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Being as I travel so much these days, I tend to eat out far more often than is good for me (quite literally). London, where I’m currently holed up for a few months, is generally an excellent location for a good selection of good places to eat, although it’s still challenging to find a good (and quick) meal every night. However, my hotel for this week and last (the above average Hilton Kensington) doesn’t exactly seem to be replete with places to dine.

So I was pleasantly surprised when I ventured a bit further up to Notting Hill this evening and found the Black and Blue. A basic but incredibly juicy steak definitely made my evening. Much better than yet another so-so Indian meal (the Bombay Bicycle Club is definitely over-rated). It’s re-affirmed my faith in moderately-budgeted expense accounts.

Written by andrewferrier

July 30th, 2008 at 8:15 pm

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