UK inflation has rocketed to a new 30-year high , according to fresh data from the ONS this morning. Figures released this morning show that the consumer price index soared to 6.2 per cent this February, up from 5.5 per cent in January and higher than the forecasted 6 per cent forecast. This marks the…
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.
The Chancellor Rishi Sunak is due to announce his mini budget under mounting pressure for him to cut taxes, particularly around VAT, Fuel and Energy. Businesses across the Night Time… The post Mini budget: Sunak must sure up financial support and relief to allow headroom for businesses to survive appeared first on London Business News…
The Ukraine are no longer short of scrap metal as they will turn all Russian military vehicles into money by scrapping the lot. The Ukrainian Association of Secondary Metals (UAVtormet)… The post Ukraine are no longer short of scrap metal as they will turn Russian tanks into a valuable commodity appeared first on London Business…
Three in four parents in the UK say they are struggling to cope with the rising costs of raising their children due to the deepening cost of living crisis, according… The post Three in four UK parents struggling with increasing costs of raising children, new study finds appeared first on London Business News | Londonlovesbusiness.com.
An overwhelming majority of businesses in the UK (96%) would like to see support from the government in dealing with the rising cost of living, as new research from Totaljobs… The post 96% of businesses want government support to combat the rising cost of living appeared first on London Business News | Londonlovesbusiness.com.
A leading global cost and supplier optimisation consultancy has seen a sharp increase in the number of businesses seeking their help with soaring prices since the start of the year.… The post Ukraine conflict adds to soaring business costs concern says leading consultancy appeared first on London Business News | Londonlovesbusiness.com.
The Chancellor Rishi Sunak has suggested that he could cut fuel tax later this month during his mini budget. Speaking in the House of Commons Sunak came under pressure by… The post Chancellor hints at cutting tax to help Brits with the high cost of living appeared first on London Business News | Londonlovesbusiness.com.
Despite record inflation and soaring energy prices, the Government is pushing ahead with April’s National Insurance (‘NIC’) increase so that it can later cut income tax in a perceived tax… The post Government should be deferring the National Insurance tax increase, not planning for a tax giveaway appeared first on London Business News | Londonlovesbusiness.com.
Vladimir Putin cannot afford to pay for critical imports such as “food, medicine, a number of other vital goods as he has lost access to $300bn of his reserves, in… The post Putin can’t pay for ‘food, medicine, a number of other vital goods’ as he losses access to $300bn amid sanctions appeared first on…
