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Gold investors seize pullback in prices as ‘rolling crisis’ dents stock-market confidence

Gold’s steepest price drop since spring last year saw bullion investing jump in May, reaching the most positive level in almost 12 months. That’s according to the Gold Investor Index,… The post Gold investors seize pullback in prices as ‘rolling crisis’ dents stock-market confidence appeared first on London Business News | Londonlovesbusiness.com.

Cazoo set to cut hundreds of their workforce amid the ‘rapid shift in the global economy and the possibility of a recession’

The online car seller Cazoo have announced they are to cut 750 jobs across Europe and the UK and will also slow down on hiring new staff as they look… The post Cazoo set to cut hundreds of their workforce amid the ‘rapid shift in the global economy and the possibility of a recession’ appeared…

Motorists ‘need to brace themselves for average fuel prices rocketing to over £2 a litre’ and ‘drastic action’ is needed

Motorists are being warned that the average price of fuel will hit £2 per litre this summer and some garages will be charging more. This prediction comes as oil prices… The post Motorists ‘need to brace themselves for average fuel prices rocketing to over £2 a litre’ and ‘drastic action’ is needed appeared first on…

Government business survey shows 23.5% of transport and storage companies expect their turnovers to decrease this month

June’s Jubilee plans failed to boost the spirits of the transport & storage sector, with 23.5% of operators fearing their turnover will decrease this month, according to the latest Government… The post Government business survey shows 23.5% of transport and storage companies expect their turnovers to decrease this month appeared first on London Business News…

UK stocks continue to be bid targets in the Great British Take Off

We seem to be facing the Great British Take Off when it comes to UK companies being acquired and delisted from the stock market. Biffa looks to be the next… The post UK stocks continue to be bid targets in the Great British Take Off appeared first on London Business News | Londonlovesbusiness.com.

Financial sector funnelled £17.6m into politics in 2020 and 2021

Financial institutions and individuals closely tied to the financial sector donated a total of £15.3 million to political parties and collectively spent £2.3 million directly on MPs from January 2020… The post Financial sector funnelled £17.6m into politics in 2020 and 2021 appeared first on London Business News | Londonlovesbusiness.com.

UK pension schemes expected to reach long-term targets in less than 4 years despite volatility

Deficits of UK pension schemes have decreased by c.£45bn over the month to 30 May 2022 against long-term funding targets, an analysis from XPS’s DB:UK funding tracker has revealed. The… The post UK pension schemes expected to reach long-term targets in less than 4 years despite volatility appeared first on London Business News | Londonlovesbusiness.com.

One in five UK workers expect to change jobs in the next 12 months amid the cost of living crisis

Leading recruitment agency, Aspire, has expanded on new research from PwC, which suggests that one in five UK workers expect to change jobs in the next 12 months. Aspire’s own study, which… The post One in five UK workers expect to change jobs in the next 12 months amid the cost of living crisis appeared first on…

British fighter captured by Russian troops will appear in court and will face ‘the death penalty by a firing squad’

A British fighter who was captured by Russian troops is possibly facing the “death penalty” by a firing squad for being a “mercenary” and the “promotion of training in terrorist… The post British fighter captured by Russian troops will appear in court and will face ‘the death penalty by a firing squad’ appeared first on…

London scaffolding company wins prestigious contract for the Royal Navy’s HMS Victory

A scaffolding company has won the prestigious contract from the National Museum of the Royal Navy provide the specialist access required for the latest stage of the renovation of the… The post London scaffolding company wins prestigious contract for the Royal Navy’s HMS Victory appeared first on London Business News | Londonlovesbusiness.com.

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