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UK economy was struggling to accelerate even before Omicron

UK gross domestic product (GDP) is estimated to have increased by 1.1% in Quarter 3 (July to Sept) 2021, revised from the first estimate of a 1.3% increase, according to… The post UK economy was struggling to accelerate even before Omicron appeared first on London Business News | Londonlovesbusiness.com.

Chancellor to provide Hospitality sector with £1bn in additional financial support with a one off £6,000 grant

The Chancellor Rishi Sunak has announced on Tuesday that he will provide the hospitality and leisure sectors with a £1bn additional financial support package. The Treasury will also provide £30m… The post Chancellor to provide Hospitality sector with £1bn in additional financial support with a one off £6,000 grant appeared first on London Business News…

£1bn Omicron business measures are nothing but ‘lip service’ the Chancellor should have been much bolder, experts say

The £1 billion Omicron business measures are nothing but a gesture and ‘lip service’ to businesses impacted by the Omicron ‘tidal wave’, say leading tax and advisory firm Blick Rothenberg.… The post £1bn Omicron business measures are nothing but ‘lip service’ the Chancellor should have been much bolder, experts say appeared first on London Business…

Scotland will enter into new restrictions from Boxing Day with Hogmanay and football events all cancelled

From Boxing Day new restrictions will start in Scotland with football stadiums and Hogmanay events all to be cancelled. Scotland’s First Minister Nicola Sturgeon told Scottish Parliament in a statement… The post Scotland will enter into new restrictions from Boxing Day with Hogmanay and football events all cancelled appeared first on London Business News |…

More than 140,000 cases in London forces Trafalgar Square NYE celebrations to be scrapped

London has had more than 140,000 cases in the week to 19 December and as a result New Year’s Eve celebrations in Trafalgar Square are now scrapped. There has been… The post More than 140,000 cases in London forces Trafalgar Square NYE celebrations to be scrapped appeared first on London Business News | Londonlovesbusiness.com.

Taxpayers could receive a Christmas bonus

Taxpayers who file their tax returns online by the 30 December may be able to enjoy a Christmas bonus, say accountancy firm Blick Rothenberg. Stefanie Tremain, a director at the… The post Taxpayers could receive a Christmas bonus appeared first on London Business News | Londonlovesbusiness.com.

The five investment trends that really mattered in 2021 (and that could influence 2022)

The past 12 months have been a bit of a mixed bag from a portfolio point of view. The American, Indian, German and French stock markets all set new all-time… The post The five investment trends that really mattered in 2021 (and that could influence 2022) appeared first on London Business News | Londonlovesbusiness.com.

Germany bans airlines from transporting Brits from Sunday in an attempt to curb the spread of Omicron

The German government have introduced strict travel restrictions on anyone who travels from the UK to try and curb the Omicron variant. Germany has classified the UK as ‘an area… The post Germany bans airlines from transporting Brits from Sunday in an attempt to curb the spread of Omicron appeared first on London Business News…

Tory MP attacks on Professor Chris Whitty are ‘disgraceful’ and shows the ‘Conservatives are unfit to govern’

England’s chief medical officer (CMO) Professor Chris Whitty who advises the government has been criticised for exceeding his authority. Tory MP Joy Morrissey accused Professor Whitty in a tweet, which… The post Tory MP attacks on Professor Chris Whitty are ‘disgraceful’ and shows the ‘Conservatives are unfit to govern’ appeared first on London Business News…

Chancellor urged to provide ‘much needed’ support to SMEs with ‘an extension of the VAT relief’

City Corporation Policy Chair Catherine McGuinness has today called on the Government to provide “much needed” support to SMEs. In a letter to the Chancellor, the Policy Chair said City… The post Chancellor urged to provide ‘much needed’ support to SMEs with ‘an extension of the VAT relief’ appeared first on London Business News |…

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