This week has seen a renewed sell-off in global equities with much of the pain again felt by growth stocks. Here Jason Hollands, Managing Director of Bestinvest, the online investment… The post NASDAQ in bear market as gravity reasserts itself on growth stock valuations appeared first on London Business News | Londonlovesbusiness.com.
Research by WPP media agency Mindshare UK indicates long-term economic change as depth of customer reaction to the cost of living is revealed. The study, Going for Broke?, part of… The post Brits are making cuts to their consumption of fuel, food, entertainment, borrowing and travel due to the cost-of-living crisis appeared first on London…
In the next week, many people are going to be looking at their bank accounts and payslips and wondering what has happened to the amount they receive in their pocket… The post People will be looking at their payslips and wonder what’s happened to the amount they receive in their pocket appeared first on London…
The war in Ukraine has created chaos as the supply chain which is crippling farmers across the UK as “ridiculous fertiliser prices” has soared from £300 per tonne to £1,000.… The post UK is in crisis as we are ‘sleepwalking into food shortages and that’s a fact’ as farmers ‘turn down production’ appeared first on…
Nearly half of shoppers with children at home claim they are already aiming to save money day-to-day so they can spend as much as they normally would this Christmas, according… The post Cost-of-living crisis means spending on seasonal events is likely to be impacted this year appeared first on London Business News | Londonlovesbusiness.com.
UK company insolvencies have jumped 39% in the last month with 2,114 businesses entering insolvency in March 2022, up from 1,517 in February says Mazars, the international audit, tax and… The post Interest rate rises and increased energy costs have hit companies’ bottom lines leaving 39% of firms insolvent appeared first on London Business News…
GlobalData has downwardly revised its global economic growth forecast for 2022 from 4.4% in February to 3.5% in April 2022. The leading data and analytics company notes that this decrease… The post Global growth forecast for 2022 slashed to 3.5% amid Russia-Ukraine war appeared first on London Business News | Londonlovesbusiness.com.
Today’s Office for National Statistics (ONS) retail sales figures for March make grim reading, says the home delivery expert ParcelHero. Retail sales tumbled -1.4% in volume against February’s figures, with… The post Shoppers spent more to buy less in March, as inflation and fuel costs soared appeared first on London Business News | Londonlovesbusiness.com.
GfK’s long-running Consumer Confidence Index decreased seven points to -38 in April. All five measures were down in comparison to the March 25th announcement. Joe Staton, Client Strategy Director GfK,… The post Consumer confidence in freefall appeared first on London Business News | Londonlovesbusiness.com.
The Russian-Ukraine war has impacted the beer industry as there has been a major spike in grain costs, soaring commodity inflation and supply chain issues. The Dutch brewing giant Heineken… The post Beer prices set to go up amid rising grain costs amid Russia-Ukraine war and soaring inflation appeared first on London Business News |…
