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Ukraine suffers a huge ‘shortfall of $1.5bn in agricultural exports’ due to ‘the blockade of Odesa and Mykolaiv ports’

The Ukrainian Ministry of Agrarian Policy and Food said on Wednesday that due to the Russian invasion Ukraine has suffered a huge shortfall of $1.5bn in agricultural exports. Prior to… The post Ukraine suffers a huge ‘shortfall of $1.5bn in agricultural exports’ due to ‘the blockade of Odesa and Mykolaiv ports’ appeared first on London…

Is the bond market really flashing up a recession warning? The inverted yield curve explained

The US Treasury yield curve inverted on Tuesday evening (UK time) for the first time since 2019, as investors priced in aggressive interest rate increases by the Federal Reserve as… The post Is the bond market really flashing up a recession warning? The inverted yield curve explained appeared first on London Business News | Londonlovesbusiness.com.

Motorists are ‘disappointed that prices haven’t come down further since last week’s fuel duty cut’

On 23 March the Chancellor Rishi Sunak announced during his spring statement to reduce fuel duty by 5p a litre, but fuel retailers are being accused of refusing to pass… The post Motorists are ‘disappointed that prices haven’t come down further since last week’s fuel duty cut’ appeared first on London Business News | Londonlovesbusiness.com.

Rishi Sunak’s net approval rating has dropped to an all-time low amid Spring statement

Following Wednesday’s Spring Statement, Chancellor Rishi Sunak’s net approval rating has dropped to an all-time low of -4 points (-15 from two weeks ago), according to Opinium’s latest poll. Just… The post Rishi Sunak’s net approval rating has dropped to an all-time low amid Spring statement appeared first on London Business News | Londonlovesbusiness.com.

A statement full of fiscal promises for businesses and cash-strapped families

The Chancellor has stopped short of cutting headline rates of tax for now, despite calls to protect low and medium income households from the rising cost of living. However, he… The post A statement full of fiscal promises for businesses and cash-strapped families appeared first on London Business News | Londonlovesbusiness.com.

Sunak says basic rate of tax to be cut

Chancellor Rishi Sunak told the Commons today that “over time I want to go further”, but says tax cuts must be paid for. However, by 2024, he says the OBR… The post Sunak says basic rate of tax to be cut appeared first on London Business News | Londonlovesbusiness.com.

Weak business models are more harmful than price rises for UK energy sector

Wiserfunding, the leading provider of credit risk assessment for SME finance, today revealed the results of a recent study highlighting systemic shortcomings in the assessment of dozens of UK energy… The post Weak business models are more harmful than price rises for UK energy sector appeared first on London Business News | Londonlovesbusiness.com.

Chancellor under pressure to help households with living costs as inflation hits 6.2 per cent

The Chancellor Rishi Sunak is under pressure to help households with the soaring living costs in today’s spring statement as the annual rate of inflation has now hit 6.2%. The… The post Chancellor under pressure to help households with living costs as inflation hits 6.2 per cent appeared first on London Business News | Londonlovesbusiness.com.

President Zelensky warns ‘the consequences of this war’ will be ‘the famine that is coming for different countries’

The Ukrainian President Volodymyr Zelensky has warned that the Russian invasion will spark famine in many “countries of the world” he said on Tuesday. Speaking via video link, President Zelensky… The post President Zelensky warns ‘the consequences of this war’ will be ‘the famine that is coming for different countries’ appeared first on London Business…

New analysis shows £10,000 increase in small business utility bills ahead of Spring Statement  

The UK’s largest business group has laid bare the impact of spiralling utility and fuel bills on small businesses ahead of the Chancellor’s Spring Statement this week. Illustrative analysis from… The post New analysis shows £10,000 increase in small business utility bills ahead of Spring Statement   appeared first on London Business News | Londonlovesbusiness.com.

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