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Revealed: Car owners will spend £3,100 a year on car ownership costs

Insurance Revolution has explored in detail how much money car owners must spend on maintaining their vehicle. These costs include car insurance, servicing, petrol and other expenses. Aside from the car purchase… The post Revealed: Car owners will spend £3,100 a year on car ownership costs appeared first on London Business News | Londonlovesbusiness.com.

Pension scam signs near record highs as 7 in 10 transfer requests

The rate at which pension transfers demonstrated signs of a scam soared in March, as XPS Pension Group’s Scam Flag Index showed that 70% of transfer requests made across the month exhibited indicators… The post Pension scam signs near record highs as 7 in 10 transfer requests appeared first on London Business News | Londonlovesbusiness.com.

Customer worries about energy bills jump, MPs told

Energy company bosses have urged MPs to help with the rising energy bills. The Times reported that a typical household’s energy bill rose by about £690, or 54 per cent,… The post Customer worries about energy bills jump, MPs told appeared first on London Business News | Londonlovesbusiness.com.

Stocks muted in London while across the pond Netflix prepares to release quarterly results

There was a muted return to trading after the Easter break in London with little to excite investors and plenty of nagging worries bubbling away in the background,” says AJ… The post Stocks muted in London while across the pond Netflix prepares to release quarterly results appeared first on London Business News | Londonlovesbusiness.com.

Travelex appoints new CEO

Former leader of Octopus’ fintech businesses brings twenty years of senior leadership experience; focus on digital transformation London, Tuesday April 19 2022 – The Board of Travelex, a market leading… The post Travelex appoints new CEO appeared first on London Business News | Londonlovesbusiness.com.

Four-day work week to be tested in the UK as Brits look for more flexible work-life hours

The UK labour market is currently navigating an acute stage of flux, with a landmark study from Theta Global Advisors, a consultancy and accounting disruptor, showing that 57% of Brits… The post Four-day work week to be tested in the UK as Brits look for more flexible work-life hours appeared first on London Business News…

IMF to downgrade global growth forecasts

The International Monetary Fund (IMF) will today outline the expected cost to the world economy of Russia’s invasion of Ukraine and rising global prices, in its latest GDP forecasts. Kristalina… The post IMF to downgrade global growth forecasts appeared first on London Business News | Londonlovesbusiness.com.

Quarter of savers believe their current level of pension saving won’t be enough to live off in retirement

Just over a quarter of savers surveyed (26%), who have a workplace pension, think that their current amount of pension saving will not be enough to get by on when… The post Quarter of savers believe their current level of pension saving won’t be enough to live off in retirement appeared first on London Business…

Inflation set to widen the gender pay gap throughout UK

After UK inflation hit 7% in March, prices across the country are rising at a rate that hasn’t been seen for 30 years. This is a development that adversely affects… The post Inflation set to widen the gender pay gap throughout UK appeared first on London Business News | Londonlovesbusiness.com.

The standard 60/40 investment portfolio is dead, here’s why

The time-honoured 60/40 investment portfolio is not fit for purpose in today’s sky-high inflation environment, warns the CEO and founder of one of the world’s largest financial advisory, asset management… The post The standard 60/40 investment portfolio is dead, here’s why appeared first on London Business News | Londonlovesbusiness.com.

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