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Autumn statement call for Chancellor to support growth business investments

The industry body responsible for the Enterprise Investment Scheme (EIS) and the Seed Enterprise Investment Scheme (SEIS), the EIS Association (EISA) is calling for the Chancellor to recognise the importance… The post Autumn statement call for Chancellor to support growth business investments appeared first on London Business News | Londonlovesbusiness.com.

‘At least 20’ more energy suppliers face bankruptcy as the industry is bearing a £5bn bill

Scottish Power chief executive Keith Anderson who is the boss of one of the UK’s largest household energy firms, that “at least 20” more energy suppliers are facing bankruptcy. Anderson… The post ‘At least 20’ more energy suppliers face bankruptcy as the industry is bearing a £5bn bill appeared first on London Business News |…

A fall in trade between the UK and EU shows UK SMEs are shunning EU exports

Latest data from the Office for National Statistics (ONS) shows a second consecutive monthly fall in trade, with the effects of Brexit and the global pandemic resulting in the total… The post A fall in trade between the UK and EU shows UK SMEs are shunning EU exports appeared first on London Business News |…

FTSE 100 dips after inflation fall

The FTSE 100 started a bit lower on Wednesday after UK inflation moderated to come in just short of expectations. AJ Bell financial analyst Danni Hewson: “However, these figures are… The post FTSE 100 dips after inflation fall appeared first on London Business News | Londonlovesbusiness.com.

Defaults on CBILS and BBLS could run as high as £22bn

As scheduled payments have commenced on the majority (55%) of CBILS and BBLS loans, following the initial 1-year period where neither interest nor principal payments were required, funding those payments… The post Defaults on CBILS and BBLS could run as high as £22bn appeared first on London Business News | Londonlovesbusiness.com.

Retailers rushing for festive finance

London-based financier 365 Business Finance, specialising in merchant cash advances, has had a 61% increase this October in demand from retailers for fast and flexible finance, as preparations for the… The post Retailers rushing for festive finance appeared first on London Business News | Londonlovesbusiness.com.

Chancellor could raise beer prices by 30p a pint in Autumn Budget

The Chancellor Rishi Sunak could be set to raise a pint of beer by 30p in a duty increase in the Autumn Budget, according to reports. The Times has reported… The post Chancellor could raise beer prices by 30p a pint in Autumn Budget appeared first on London Business News | Londonlovesbusiness.com.

Autumn Budget 2021: Tax increases must be carefully measured to avoid more business shocks 

  Any tax increases the Government might be planning in order to recoup some of the money spent dealing with the pandemic must be carefully measured to avoid further shocks for businesses as they continue to… The post Autumn Budget 2021: Tax increases must be carefully measured to avoid more business shocks  appeared first on London Business News | Londonlovesbusiness.com.

Petrol prices have almost reached a record high

Government figures have revealed that petrol prices have almost reached a record high. The Department for Business, Energy and Industrial Strategy said, on Monday the average price for a litre… The post Petrol prices have almost reached a record high appeared first on London Business News | Londonlovesbusiness.com.

VAT cut on energy bills would be ‘a welcome relief for the public’

The Chancellor Rishi Sunak is considering cutting VAT by 5% on energy bills as Brits are facing an expensive winter amid soaring gas prices. The Financial Times has reported that… The post VAT cut on energy bills would be ‘a welcome relief for the public’ appeared first on London Business News | Londonlovesbusiness.com.

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