MPs have been warned that diesel prices could hit £3 per litre should Russia be shut down and oil prices rise. Dr Amrita Sen said, “We really haven’t got an… The post If Russia is shut down and oil prices rise diesel prices could hit £3 per litre MPs told appeared first on London Business…
Despite record inflation and soaring energy prices, the Government is pushing ahead with April’s National Insurance (‘NIC’) increase so that it can later cut income tax in a perceived tax… The post Government should be deferring the National Insurance tax increase, not planning for a tax giveaway appeared first on London Business News | Londonlovesbusiness.com.
Vladimir Putin cannot afford to pay for critical imports such as “food, medicine, a number of other vital goods as he has lost access to $300bn of his reserves, in… The post Putin can’t pay for ‘food, medicine, a number of other vital goods’ as he losses access to $300bn amid sanctions appeared first on…
The World Bank has warned that Russia could be left effectively bankrupt by next week and Moscow may be forced to default on their foreign debts. The Kremlin has expressed… The post Kremlin are in ‘shock’ as Russia is the poorest country in Europe and will be ‘effectively bankrupt by next week’ appeared first on…
Motorists are being warned to expect to pay at least £2 a litre with diesel to hit £3 by the weekend at UK forecourts which could bring the nation to… The post Soaring fuel prices will see diesel to hit more than £3 by the weekend which could bring the nation to a halt appeared…
Research by KIS Finance has revealed that as a direct result of the rising cost of living, 57% of people in the UK are either already struggling financially, or expect… The post 57% of Brits are already experiencing financial difficulties amid the Ukrainian crisis appeared first on London Business News | Londonlovesbusiness.com.
American bank JP Morgan have announced that from 31 March they will exclude all Russian corporate and sovereign bonds from its bond indices, this will also affect Belarusian bonds. Russian… The post JP Morgan excludes all Russian corporate and sovereign bonds from its bond indices appeared first on London Business News | Londonlovesbusiness.com.
The Bank of England (BoE) may be expecting the UK’s inflation rate to peak at over 7% this spring, but many workers are taking a more pessimistic view – predicting… The post The Bank of England may be expecting the UK’s inflation rate to peak at over 7% this spring appeared first on London Business…
Black cabbies in London have stopped searching for passengers in the capital dues to spiralling fuels costs and are now queuing at cab ranks. “Extortionate” fuel prices are having a… The post Black cabbies stop searching for passengers due to ‘extortionate’ record high fuel costs amid Ukraine war appeared first on London Business News |…
President of Ukraine Volodymyr Zelensky has announced on Monday that the government has developed a business support package which will exempt them from paying a number of taxes for the… The post Ukrainian businesses exempt from a number of taxes as part of a government support package appeared first on London Business News | Londonlovesbusiness.com.
