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UK investors are investing in alternative assets like wine, whisky and art

New research from global fine wine merchant Bordeaux Index reveals that young UK investors are turning to fine wine as a way to grow significant wealth, as part of their… The post UK investors are investing in alternative assets like wine, whisky and art appeared first on London Business News | Londonlovesbusiness.com.

Thousands of Tube workers set to strike next month in a dispute over jobs, pay and conditions

Thousands of London Underground staff are to strike and stage two 24-hour strikes next month amid pay, conditions and jobs. The Rail, Maritime and Transport (RMT) union said that on… The post Thousands of Tube workers set to strike next month in a dispute over jobs, pay and conditions appeared first on London Business News…

Brits warned to expect ‘two or three years worth of very high energy bills’ as this is not a ‘one off’

The head of the Confederation of British Industry has warned on Thursday that Brits should brace for high energy bills for the next “two or three years.” The Director-General of… The post Brits warned to expect ‘two or three years worth of very high energy bills’ as this is not a ‘one off’ appeared first…

Chancellor accused of taking ‘socialist approach’ to easing the soaring energy bills crisis

The Chancellor Rishi Sunak set out plans on Thursday to take the “sting out” of the £693 rise on household energy bills. The Chancellor announced that all households will be… The post Chancellor accused of taking ‘socialist approach’ to easing the soaring energy bills crisis appeared first on London Business News | Londonlovesbusiness.com.

Bank of England warns inflation to hit 7.25% in April which will mark a 30 high for inflation

The Bank of England raised rates to 0.5% in a surprise move on Thursday, but they also warned that inflation will hit 7.25% in April which will mark a 30-year… The post Bank of England warns inflation to hit 7.25% in April which will mark a 30 high for inflation appeared first on London Business…

Small firms left out in the cold from energy support measures, as 0.5% base rate hits

Responding to the news that the Government has launched new support measures to mitigate the impacts of rising energy bills for households and the Bank of England’s Monetary Policy Committee… The post Small firms left out in the cold from energy support measures, as 0.5% base rate hits appeared first on London Business News |…

Bank of England raises interest rates

The Bank of England today decided to raise rates to 0.5% in a surprise move. Laura Suter, head of personal finance at AJ Bell, commented: “Clearly trying to redeem his title… The post Bank of England raises interest rates appeared first on London Business News | Londonlovesbusiness.com.

Why big oil is under pressure as consumers eye energy price hikes

Calls for a windfall tax on those oil and gas giants are likely to get louder following the latest financial update from London based Shell.  It’s profits for the last… The post Why big oil is under pressure as consumers eye energy price hikes appeared first on London Business News | Londonlovesbusiness.com.

As interest rates set to rise, 57% are experiencing financial difficulties as the cost of living soars

Research by KIS Finance has revealed that as a direct result of the rising cost of living, 57% of people are either already struggling financially, or expect to do so… The post As interest rates set to rise, 57% are experiencing financial difficulties as the cost of living soars appeared first on London Business News…

One third of British workers have NEVER met their colleagues

According to new national research published by the UK’s leading pub company and brewer, Greene King, more than a third of UK workers today have never met their colleagues in person. Despite… The post One third of British workers have NEVER met their colleagues appeared first on London Business News | Londonlovesbusiness.com.

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