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Consider tax relief ahead of expensive business loans, experts urge

Grants, loans and tax credits, there are a raft of measures that can help SMEs to navigate the current economic crisis and continue to scale up their businesses even in… The post Consider tax relief ahead of expensive business loans, experts urge appeared first on London Business News | Londonlovesbusiness.com.

Businesses will pay almost £1bn more in interest straight away as Bank of England increases rate by 0.25%

The Bank of England Monetary Policy Committee confirmed on Friday their base rate will rise by another 0.25% to 1.25%, research from international audit, tax and advisory firm Mazars shows… The post Businesses will pay almost £1bn more in interest straight away as Bank of England increases rate by 0.25% appeared first on London Business…

A ‘drawn out war’ in Ukraine will further impact the cost of living and ‘we should all be concerned’ and ‘be prepared for the...

The Prime Minister has warned on Sunday that the British public needs to “steel ourselves for a long war” in Ukraine as Vladimir Putin’s invasion is now “entering a new… The post A ‘drawn out war’ in Ukraine will further impact the cost of living and ‘we should all be concerned’ and ‘be prepared for…

Royal family costs UK taxpayers a staggering £87.5m in 2021 as Brits brace for the cost of living crisis

The monarchy is a source of national pride for many British people. Through the queen, it captures the sense of national identity, hence the Brits’ unity. Moreover, it creates consciousness… The post Royal family costs UK taxpayers a staggering £87.5m in 2021 as Brits brace for the cost of living crisis appeared first on London…

Sadiq Khan calls for universal free school meals as cost of living spirals ‘and every child in London deserves that safety net’

The Mayor of London, Sadiq Khan has called on the Government to extend provision of healthy free school meals to all primary school children as the cost of living crisis… The post Sadiq Khan calls for universal free school meals as cost of living spirals ‘and every child in London deserves that safety net’ appeared…

NHS staff and teachers threaten to strike as England braces for the largest ‘rail strike in modern history’ this week

Unions who represent teachers have warned they could strike this autumn over pay and the National Education Union (NEU) are preparing a ballot of 450,000 of their members across the… The post NHS staff and teachers threaten to strike as England braces for the largest ‘rail strike in modern history’ this week appeared first on…

Markets remain wobbly as inflation woes bite

The sun is shining bright, the weekend is here, yet all investors can think about is medicine to calm the motion sickness after one of the most chaotic five days… The post Markets remain wobbly as inflation woes bite appeared first on London Business News | Londonlovesbusiness.com.

The government took more than £67m more per month after the 5p fuel duty reduction

As interest rates rise for the fifth time in a row, to 1.25%, there are concerns that this will lead to even more financial worry for families as the cost… The post The government took more than £67m more per month after the 5p fuel duty reduction appeared first on London Business News | Londonlovesbusiness.com.

Switching to softer water could save Londoners over £600 a year on their energy bills

Hard water households in London could save £676 a year on energy bills by installing a water softener in their home, new research published today showed. People living in London… The post Switching to softer water could save Londoners over £600 a year on their energy bills appeared first on London Business News | Londonlovesbusiness.com.

Rising interest rates and soaring bond yields present a serious headwind for gold short term, because the precious metal pays no income

With the Federal Reserve hiking its key interest rate the hardest in nearly three decades on Wednesday in the hope of cooling the worst inflation since the early 1980s, Adrian… The post Rising interest rates and soaring bond yields present a serious headwind for gold short term, because the precious metal pays no income appeared…

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