After UK inflation hit 7% in March, prices across the country are rising at a rate that hasn’t been seen for 30 years. This is a development that adversely affects… The post Inflation set to widen the gender pay gap throughout UK appeared first on London Business News | Londonlovesbusiness.com.
The TUC union are calling for an emergency budget to help struggling households, including more help on energy bills. TUC General Secretary Frances O’Grady says: “The chancellor has done almost… The post TUC: UK needs emergency budget appeared first on London Business News | Londonlovesbusiness.com.
New polling by Ipsos in the UK shows Rishi Sunak’s Spring Statement has done little to reduce Britons’ concerns about the rising cost of living. Around the same number of… The post Concern about rising prices has intensified since January appeared first on London Business News | Londonlovesbusiness.com.
Record first-half sales and yet another dividend increase are failing to put a shine on the share price of flooring specialist James Halstead, as investors focus instead on how increasing… The post Inflation worries scuff up James Halstead shares despite latest dividend increase appeared first on London Business News | Londonlovesbusiness.com.
According to a new survey, there is strong global support – across all countries and demographic groups – for the energy transition to move away from fossil fuels. A majority… The post Support shifts away from fossil fuels despite rising energy prices appeared first on London Business News | Londonlovesbusiness.com.
UK consumers borrowed an additional £1.9bn in February, a five-year high, of which £1.5bn was borrowing racked up on credit cards. Mortgage approvals fell slightly in February, but remained above… The post UK consumer borrowing rises to five-year high appeared first on London Business News | Londonlovesbusiness.com.
The United States and European Commission have agreed a new partnership to cut Europe’s reliance on Russian energy. The White House says: “It will work to ensure energy security for… The post US and EC agree deal to cut dependence on Russian gas appeared first on London Business News | Londonlovesbusiness.com.
Next week’s Spring Statement is only meant to be an economic update, not a full-blown Budget. But with a cost-of-living crisis hitting the headlines and people across the country struggling… The post Spring Statement: Here’s a wishlist for Rishi Sunak appeared first on London Business News | Londonlovesbusiness.com.
In an inspirational and moving speech to UK MPs yesterday, Ukrainian President Volodymyr Zelensky invoked Shakespeare by asking: “To be or not to be? Now I can give you a definitive… The post Are we hurtling towards a global recession? appeared first on London Business News | Londonlovesbusiness.com.
War has broken out. The markets had been in a state of tense calm over the last few days after the continuous threats from Russia that provoked the first sanctions… The post The consequences of the Russian attack for the markets and the economy appeared first on London Business News | Londonlovesbusiness.com.
