UKHospitality boss Kate Nicholls has made a plea to the government for business rates relief and for VAT discounts to be extended. The hospitality sector has been battered by the… The post Hospitality sector has lost £2bn as it’s been thrown into a ‘zombie world’ and ‘where is the Chancellor of the Exchequer?’ appeared first…
The Night Time Industries Association, the main trade body representing businesses in the UK’s Night Time Economy, has called on the Government to urgently provide businesses with financial support through… The post The crippled hospitality sector calls for a ‘freeze of VAT at 12.5%’ and ‘to reinstate furlough for first quarter of 2022’ appeared first…
The Mayor of London is today calling on the Government to do more to support businesses who are seeing a significant drop in takings due to fears around the new… The post Sadiq Khan calls on government to support businesses as new variant hits London’s economy appeared first on London Business News | Londonlovesbusiness.com.
The U.K. needs to urgently design its strategic approach and take concrete steps to develop world-beating productivity to drive economic growth and raise living standards, according to new research by… The post UK lacks strategic approach to solve its ‘productivity puzzle’ according to new CIMA research appeared first on London Business News | Londonlovesbusiness.com.
With many workplace Christmas parties being cancelled or postponed in 2021, UK employees look set to save a staggering £4.6 billion on the annual festive festivities, according to new research. The study, conducted by online print manufacturer, instantprint, revisited a previous campaign, and… The post Cancelling Christmas parties will save employees £4.6bn by not going to the pub or restaurants appeared first on London Business News | Londonlovesbusiness.com.
The government’s ‘Eat Out to Help Out’ scheme, where customers could get a 50% discount to eat at restaurants that registered with the government scheme saw a spike in payday… The post Government’s ‘Eat Out to Help Out’ scheme resulted in an immediate 41% spike in payday loan applications appeared first on London Business News…
Total tax revenues across the United Kingdom fell by £33.4 billion last year according to the annual revenue statistical release from the Organisation for Economic Co-operation and Development. The… The post Total tax revenues across the UK fell by £33.4bn last year appeared first on London Business News | Londonlovesbusiness.com.
With inflation surging to a 10 year highi, consumers’ financial optimism has taken a hit for a second quarter in a row, according to TransUnion’s latest Consumer Pulse study. In stark contrast… The post Inflation puts brakes on consumer spending, but borrowing remains resolute with buy now, pay later growth continuing appeared first on London Business News…
Christmas Day is rapidly becoming one of the biggest events in retail. Last year, shoppers spent £1bn online on the big day and this year will see that rise to… The post Brits will spend £1.2bn online on Christmas Day, as more people shop online than watch the Queen appeared first on London Business News…
The Bank of England’s (BoE) deputy governor has warned on Monday that inflation could “comfortably exceed” 5% by spring which is when energy bills are to rise even further. Ben… The post By spring inflation could ‘comfortably exceed’ 5% when energy bills are to rise even further appeared first on London Business News | Londonlovesbusiness.com.
