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IPO delays continue as 87% of fast-growing UK companies delay going public amid current market conditions

Even with today’s economic volatility, inadequate financial systems and processes are holding global businesses back from growing at scale, according to new research from Coupa Software, who are a leader… The post IPO delays continue as 87% of fast-growing UK companies delay going public amid current market conditions appeared first on London Business News |…

Cost of Living: Seven in ten workers have not seen their pay increase in line with inflation who are now ‘crutinising their their pay...

With households feeling the squeeze from soaring energy bills and rapidly increasing interest rates, almost half (49%) of UK workers feel they’re not being paid fairly for the hours they… The post Cost of Living: Seven in ten workers have not seen their pay increase in line with inflation who are now ‘crutinising their their…

Latest business survey shows economic outlook is weakening amid ‘inflation, continued supply chain disruptions and uncertainty’

The economic outlook is weakening according to the findings of this quarter’s Economic Survey (QES) conducted by Greater Manchester Chamber of Commerce. The Greater Manchester Index, a composite indicator made… The post Latest business survey shows economic outlook is weakening amid ‘inflation, continued supply chain disruptions and uncertainty’ appeared first on London Business News |…

Government’s flawed NIC tax policy should be reversed immediately

The government should immediately reverse its flawed National Insurance (‘NIC’) policy to benefit working families, say leading tax and advisory firm, Blick Rothenberg. “The government’s direction to introduce a 1.25%… The post Government’s flawed NIC tax policy should be reversed immediately appeared first on London Business News | Londonlovesbusiness.com.

HMRC tax receipts surge by over 16% in the last year, the Chancellor could do more 

HMRCs total receipts in the last 12 months are up 16.32% (£733bn from £630bn) on the previous year buoyed by increases in receipts from VAT (£29.4bn), Income Tax (£26.1bn) Corporation… The post HMRC tax receipts surge by over 16% in the last year, the Chancellor could do more  appeared first on London Business News |…

The West End was ‘well on the mend and the rail strikes threatens to push thousands of businesses back into intensive care’

The rail strikes have had a devastating impact on the theatre, live music and hospitality industries still rebuilding from the fall out of the pandemic. The night time economy relies… The post The West End was ‘well on the mend and the rail strikes threatens to push thousands of businesses back into intensive care’ appeared…

Disruption in global food markets is starting to feed through into the numbers ‘and looks set to drive continued inflation’

Inflation (CPIH) in May rose to 7.9%, up from 7.8% in April, major contributors included household energy bills and transport costs, with prices for food and non-alcoholic accelerating fastest compared… The post Disruption in global food markets is starting to feed through into the numbers ‘and looks set to drive continued inflation’ appeared first on…

Motorists are warned the price of diesel is ‘perilously close to the £2-a-litre milestone’

The RAC have warned motorists on Wednesday that the average price of diesel is “perilously close to the £2-a-litre milestone.” RAC fuel spokesman Simon Williams warned that wholesale costs will… The post Motorists are warned the price of diesel is ‘perilously close to the £2-a-litre milestone’ appeared first on London Business News | Londonlovesbusiness.com.

The median basic pay award remains unchanged at 4% in the three months to the end of May, but no closer to inflation

The latest data from XpertHR shows that the median basic pay increase in the three months to the end of May 2022 was worth 4%, unchanged from the previous month,… The post The median basic pay award remains unchanged at 4% in the three months to the end of May, but no closer to inflation…

Cost of living concerns are pushing people to work more hours and through illness

New research highlights the significant impact of the cost of living crisis on people’s home and work life – driving them to change jobs, take on more hours, and even… The post Cost of living concerns are pushing people to work more hours and through illness appeared first on London Business News | Londonlovesbusiness.com.

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