Coronavirus

Downing Street have confirmed on Monday afternoon that they are monitoring the “situation very closely” after the emergence of two Omicron sub-variants have been detected. The two new sub-variants are… The post The emergence of two Omicron sub-variants are ‘likely the driving cause for the rise in cases’ and No.10 are monitoring the situation appeared…

The race to net zero could revolutionise UK manufacturing – instead Ministers have let the jobs disappear overseas as the UK has lost more than 170,000 manufacturing jobs during the… The post Almost 200,000 ‘manufacturing jobs lost during the pandemic’ which has devastated communities appeared first on London Business News | Londonlovesbusiness.com.

Government priorities are to help ease the cost of living, improve living standards, reform and cut taxes and support the Bank of England to reduce inflation to its target, highlighted… The post Queen’s Speech: Focus on easing cost of living is key priority appeared first on London Business News | Londonlovesbusiness.com.

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.

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.

On Wednesday the Spanish tourist board in London announced that Spain will welcome all British holidaymakers, however they have now reversed this decision and anyone who is unvaccinated are now… The post Unvaccinated British holidaymakers are banned from from entering Spain appeared first on London Business News | Londonlovesbusiness.com.

The Government this morning published proposals to help pension schemes boost investment diversity. What our pensions are invested in may not preoccupy our daily thoughts, but it can have a… The post Government publishes proposals to diversify pension investments appeared first on London Business News | Londonlovesbusiness.com.

UK commercial vehicle (CV) production grew 92.2% in the second month of 2022, with 8,278 vans, trucks, taxis, buses and coaches rolling out of British factories, according to figures published today… The post UK commercial vehicle production rises 92.2% in February but still below pre-pandemic levels appeared first on London Business News | Londonlovesbusiness.com.

Saudi Aramco is increasing its capital investment budget for 2022 to around $45 billion, compared to analysts’ consensus expectations of around $36 billion, as it recycles higher profits into efforts… The post Western oil majors yet to ramp up capex despite higher crude prices appeared first on London Business News | Londonlovesbusiness.com.

It looks like someone might bring an end to Ted Baker’s horrific time as a listed company. US private equity group Sycamore is weighing up an offer, perhaps drawn to… The post NYC private equity giant circles Ted Baker appeared first on London Business News | Londonlovesbusiness.com.