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FTSE higher, Imperial Brands impresses and Land Securities reports record leasing in central London offices

This is not the message you want to hear from the Bank of England Governor. Andrew Bailey as a latter-day King Canute has told everyone he and the Bank are… The post FTSE higher, Imperial Brands impresses and Land Securities reports record leasing in central London offices appeared first on London Business News | Londonlovesbusiness.com.

Hedge funds retreated 0.4% in April, dragging year-to-date returns further into the red

Hedge funds retreated 0.4% in April, dragging year-to-date returns further into the red at -0.6%. April was a challenging month for the financial markets as the combination of the escalating… The post Hedge funds retreated 0.4% in April, dragging year-to-date returns further into the red appeared first on London Business News | Londonlovesbusiness.com.

Record job movement as workers hunt higher pay

For the first time there are more job vacancies than people unemployed, figures out today show. UK unemployment rate drops to 3.7% – lowest since 1974 and regular pay lags… The post Record job movement as workers hunt higher pay appeared first on London Business News | Londonlovesbusiness.com.

Fresh calls for emergency budget as Brits squeezed

There are fresh calls for an emergency budget to help workers, after basic pay fell further behind inflation. TUC General Secretary Frances O’Grady says millions of working families are at… The post Fresh calls for emergency budget as Brits squeezed appeared first on London Business News | Londonlovesbusiness.com.

£8.7m capital raise for Recognise Bank

Challenger bank, Recognise Bank, will benefit from £8.7 million in new capital following the latest successful round of fund raising announced today by the City of London Group (CoLG), the… The post £8.7m capital raise for Recognise Bank appeared first on London Business News | Londonlovesbusiness.com.

Made.com hit by cost-of-living crisis

There was divergence in the markets at the start of the new trading week, with Asia mostly up and Europe all in the red. The FTSE 100 slipped 0.3% to… The post Made.com hit by cost-of-living crisis appeared first on London Business News | Londonlovesbusiness.com.

Sadiq Khan re-opens Bank branch of Northern line

The Mayor of London, Sadiq Khan, today (Monday 16 May) re-opened the Bank branch of the Northern line following a 17-week planned closure. The closure enabled around 550 construction staff… The post Sadiq Khan re-opens Bank branch of Northern line appeared first on London Business News | Londonlovesbusiness.com.

Finnfund’s investment portfolio grew up to 780 million euros

Finnufund, a Finnish development financier and impact investor, has published its Annual Report for 2021. Despite the challenging situation, investment activities maintained at a high level. At the end of… The post Finnfund’s investment portfolio grew up to 780 million euros appeared first on London Business News | Londonlovesbusiness.com.

Consumer finance new business grew by 19% in March 2022

New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 19% in March 2022 compared with the same month in 2021.… The post Consumer finance new business grew by 19% in March 2022 appeared first on London Business News | Londonlovesbusiness.com.

1-in-4 Brits feel the weight of financial responsibility for their family is putting the biggest strain on their mental health

As Mental Health Awareness Week comes to a close – during which a special emphasis has been placed on tackling loneliness – new research from the UK’s most awarded personal… The post 1-in-4 Brits feel the weight of financial responsibility for their family is putting the biggest strain on their mental health appeared first on…

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