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Daily Mail owner to ‘review employee numbers’ due to high ‘cost increases’ not seen in 25 years

The Daily Mail owner and General Trust (DMGT) are looking into possible job cuts due to exceptionally high costs in energy and distribution. As a result, it said, “DMGT is… The post Daily Mail owner to ‘review employee numbers’ due to high ‘cost increases’ not seen in 25 years appeared first on London Business News…

Gambling sector outpaces other regulated entities in the race to achieve compliance with 5MLD

Operators in the gaming and gambling sector are on average 66% of the way through their Fifth Anti-Money Laundering Directive (5MLD) implementation programmes, ahead of all other regulated sectors, according… The post Gambling sector outpaces other regulated entities in the race to achieve compliance with 5MLD appeared first on London Business News | Londonlovesbusiness.com.

National Grid profits jump

National Grid has upped its profit forecasts after reporting a jump in earnings. Pre-tax profits at National Grid, which runs the UK’s power infrastructure, jumped 86% in the first half… The post National Grid profits jump appeared first on London Business News | Londonlovesbusiness.com.

FTSE drifts on strong pound having fallen short of pre-pandemic levels

The FTSE 100 continues to drift having fallen just short in its effort to reclaim pre-pandemic levels. Once again, the index is left in the miserable position of being shown… The post FTSE drifts on strong pound having fallen short of pre-pandemic levels appeared first on London Business News | Londonlovesbusiness.com.

ONS: Increase in number of businesses not expecting to survive

The percentage of currently trading businesses has fallen slightly from 93% in late October 2021, to 91% in early November 2021, according to the Office for National Statistics. This is… The post ONS: Increase in number of businesses not expecting to survive appeared first on London Business News | Londonlovesbusiness.com.

Collapsed airline Flybe to return next year and will be based in Birmingham

Flybe which was the UK’s largest regional airline which collapsed last year is to return to the skies next year. The regional carrier will now be based in Birmingham with… The post Collapsed airline Flybe to return next year and will be based in Birmingham appeared first on London Business News | Londonlovesbusiness.com.

British F35 fighter jet crashes into the Mediterranean and the pilot safely ejected

During ‘routine flying operations’ a state of the art British F35 fighter jet crashed into the Mediterranean Sea and the pilot safely ejected, Hostile action is not thought to be… The post British F35 fighter jet crashes into the Mediterranean and the pilot safely ejected appeared first on London Business News | Londonlovesbusiness.com.

Greggs could run out of vegan sausage rolls this winter due to supply issues, but the ‘sausage roll is safe’

Greggs has warned that they have a shortage of vegan sausage rolls this winter with London stores being the worst affected. The high street baker said that Richmond, South Woodford,… The post Greggs could run out of vegan sausage rolls this winter due to supply issues, but the ‘sausage roll is safe’ appeared first on…

One in five small business owners keep quiet on personal guarantee risk

A survey of 1000 small business owners by Purbeck Personal Guarantee Insurance has found that over 1 in 5 (22%) has not told their life partner that they have signed… The post One in five small business owners keep quiet on personal guarantee risk appeared first on London Business News | Londonlovesbusiness.com.

Dig out your hat and scarfs as the mercury is to hit single digits as a cold snap is coming from Eastern Europe

A cold snap is coming from Eastern Europe which will see temperatures plunge to 0C in parts of the UK over the next couple of weeks. From next week expect… The post Dig out your hat and scarfs as the mercury is to hit single digits as a cold snap is coming from Eastern Europe…

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