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FTSE 100 plummets to its lowest level as new super mutant variant spooks investors

The new super mutant variant has spooked global markets on Friday with the FTSE 100 plummeting to it’s lowest level since March 2020. Investors a worried over the news of… The post FTSE 100 plummets to its lowest level as new super mutant variant spooks investors appeared first on London Business News | Londonlovesbusiness.com.

Black Friday is ‘a blinder’ for many small bricks and mortar businesses as the online ‘backlash begins’

Retailers are using Black Friday as a tactic to lure shoppers back to the high street before Christmas, sector experts at trade credit insurer Atradius report. Black Friday is hoped… The post Black Friday is ‘a blinder’ for many small bricks and mortar businesses as the online ‘backlash begins’ appeared first on London Business News…

Black Friday could be the biggest yet as it is forecast shoppers will spend almost £9bn

Retail experts have predicted that this could be the biggest Black Friday yet as shoppers are expected to spend nearly £9bn. Early spending data shows that people have spent more… The post Black Friday could be the biggest yet as it is forecast shoppers will spend almost £9bn appeared first on London Business News |…

UK taxpayers support Bulb Energy customers with £1,000 per head

The Governments loan to Bulb Energy means that every customer is being supported by the taxpayer to the tune of about £1,000 and a new plan to support small energy… The post UK taxpayers support Bulb Energy customers with £1,000 per head appeared first on London Business News | Londonlovesbusiness.com.

Shoppers are being warned that the price of bread is set to skyrocket due to ‘inflationary pressures’

The price of wheat has hit a nine year high and global demand for grain has pushed the price u by 26.7% over the last year. The price of pasta… The post Shoppers are being warned that the price of bread is set to skyrocket due to ‘inflationary pressures’ appeared first on London Business News…

As consumers shop early for Christmas retailers are putting prices ‘at the fastest pace since 1990’

Retailers reported that sales in November were good for the time of year and to the greatest extent since September 2015, according to the latest CBI quarterly Distributive Trades Survey.… The post As consumers shop early for Christmas retailers are putting prices ‘at the fastest pace since 1990’ appeared first on London Business News |…

Increased flexible working could unlock £55bn for the UK economy

Flexible working already contributes £37bn to the UK economy each year, according to Flexonomics: The economic and fiscal benefits of flexible working, a new economic study aiming to quantify the… The post Increased flexible working could unlock £55bn for the UK economy appeared first on London Business News | Londonlovesbusiness.com.

CBI warns the UK must ‘level up economic growth in every place’ as parts of the country has been neglected for decades

The CBI who are holding their annual conference in the Port of Tyne has said parts of the UK has been neglected for many decades. Director general Tony Danker said… The post CBI warns the UK must ‘level up economic growth in every place’ as parts of the country has been neglected for decades appeared…

Government must not only cut fuel duty, they should make the fuel supply chain more honest and transparent

Current pump prices are approximately 4p to 6p higher than they should be, however wholesale prices of diesel and petrol have fallen significantly in the last week, but retail filling… The post Government must not only cut fuel duty, they should make the fuel supply chain more honest and transparent appeared first on London Business…

Interest rate increases may make some people worse off

Any gains in interest rates increasing will be lost by increasing tax bills and many people will be worse off, say leading tax and advisory firm Blick Rothenberg. Paul Haywood-Schiefer,… The post Interest rate increases may make some people worse off appeared first on London Business News | Londonlovesbusiness.com.

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