The Bank of England raised rates to 0.5% in a surprise move on Thursday, but they also warned that inflation will hit 7.25% in April which will mark a 30-year… The post Bank of England warns inflation to hit 7.25% in April which will mark a 30 high for inflation appeared first on London Business…
Responding to the news that the Government has launched new support measures to mitigate the impacts of rising energy bills for households and the Bank of England’s Monetary Policy Committee… The post Small firms left out in the cold from energy support measures, as 0.5% base rate hits appeared first on London Business News |…
The Bank of England today decided to raise rates to 0.5% in a surprise move. Laura Suter, head of personal finance at AJ Bell, commented: “Clearly trying to redeem his title… The post Bank of England raises interest rates appeared first on London Business News | Londonlovesbusiness.com.
Research by KIS Finance has revealed that as a direct result of the rising cost of living, 57% of people are either already struggling financially, or expect to do so… The post As interest rates set to rise, 57% are experiencing financial difficulties as the cost of living soars appeared first on London Business News…
The U.S. Federal Reserve has already failed on inflation, they must not do so again by “hitting the brakes too hard with too many rate hikes,” affirms the CEO of… The post Fed must not fail on inflation again with too many hikes appeared first on London Business News | Londonlovesbusiness.com.
Despite confidence beginning to return to the contractor market, recently enforced IR35 reform in the private sector is seen by the majority of contractors as the biggest threat to their… The post IR35 seen as ‘biggest threat’ to £300bn contracting sector in 2022 appeared first on London Business News | Londonlovesbusiness.com.
Insolvency figures released for December 2021* by the Government’s Insolvency Service showed a 20% increase in corporate insolvencies compared to the same month last year (1486 in December 2021 and… The post Company insolvencies increase as tough year ahead forecast appeared first on London Business News | Londonlovesbusiness.com.
Whether it’s spending money on the big food shop or treating yourself to a cinema trip, disposable income is important in allowing us to relax and enjoy life’s pleasures outside… The post Brits would be taking home £25k more each year if salaries increased in line with inflation from 1987 appeared first on London Business…
Aveek Bhattacharya, chief economist of the Social Market Foundation, says that with tax bills rising 2022 must be the year when politicians return their focus to the neglected issue of… The post MPs must pay more attention to ensuring public services run more effectively and efficiently appeared first on London Business News | Londonlovesbusiness.com.
The Rail, Maritime and Transport (RMT) have said that 94% of their members have voted for industrial action and the dispute involves around 10,000 union members. The dispute with London… The post Tube workers vote to strike again this time over pensions, working conditions and jobs amidst the ‘on-going financial crisis’ appeared first on London…
