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Australian investors commit £28.5bn in major economic boost for UK

Leading Australian businesses have announced major new investments totalling £28.5 billion in projects across the United Kingdom, as the Prime Minister hosted a UK-Australia investment roundtable at Downing Street on… The post Australian investors commit £28.5bn in major economic boost for UK appeared first on London Business News | Londonlovesbusiness.com.

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.

Household income worries spike amid inflation woes

The Office For National Statistics (ONS) has today revealed its estimates of household incomes and inequality in the UK for the financial year ending 2021. For the financial year 2021,… The post Household income worries spike amid inflation woes 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.

Shell set to invest £25bn into UK’s energy system after severing ties with Russia

Britain has been delivered a major boost as Shell are to invest £25bn into the UK’s energy system after the energy giant has cut ties with Russia. Shell has pledged… The post Shell set to invest £25bn into UK’s energy system after severing ties with Russia 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.

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.

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