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Brits warned UK’s most popular meat is set to rise amid supply chain problems and soaring costs

The UK’s largest poultry seller has warned on Thursday that due to the ongoing supply chain issues the price of chicken is going to cost more. The chief executive of… The post Brits warned UK’s most popular meat is set to rise amid supply chain problems and soaring costs appeared first on London Business News…

Government failing millions of households over energy crisis say campaigners

The government has missed its 2020 fuel poverty targets and is already at “high risk” of failing to meet its goals for 2025, a new report by the Committee on Fuel Poverty claims. Fuel poverty generally denotes households that must spend a high proportion of their income to keep their home at an equitable temperature.…

Small businesses wasting £880m making R&D tax credit claims

Small and medium businesses are spending an estimated £880 million a year hiring expensive specialists to claim R&D tax credits[1], according to new app Novel that automates and checks claims.… The post Small businesses wasting £880m making R&D tax credit claims appeared first on London Business News | Londonlovesbusiness.com.

Small firms losing £25bn a year to tax admin as the Budget nears

The Making Tax Digital initiative, which the Government states should be “making it easier for individuals and businesses to get their tax right and keep on top of their affairs”,… The post Small firms losing £25bn a year to tax admin as the Budget nears appeared first on London Business News | Londonlovesbusiness.com.

UK vacancies hit record high

The UK has its lowest ever number of jobseekers chasing each vacancy on record. This morning’s labour market statistics released by the Office for National Statistics (ONS) confirm that the UK labour market now has the lowest ever number of unemployed people per vacancy since records began in 2001. This is the key measure used…

Government strikes a major deal to keep CO2 supplies for key industry sectors

The government has finalised a deal with the carbon dioxide (CO2) industry after the rising gas prices forced CF Fertilisers who are a major producer to shut down two plants… The post Government strikes a major deal to keep CO2 supplies for key industry sectors appeared first on London Business News | Londonlovesbusiness.com.

UK’s post-Brexit trade deal with Norway, Iceland and Liechtenstein could reduce fish prices

A report by the House of Lords European Affairs Committee claims that the fish processing industry and consumers could see the price of fish reduced amid the UK’s post-Brexit trade… The post UK’s post-Brexit trade deal with Norway, Iceland and Liechtenstein could reduce fish prices appeared first on London Business News | Londonlovesbusiness.com.

Calls for London Night Tube to be brought back for the festive period

Following many months of anticipation with regard to the future of the Night Tube we are still no further forward. Time is running out, winter is drawing in and the… The post Calls for London Night Tube to be brought back for the festive period appeared first on London Business News | Londonlovesbusiness.com.

Spiralling energy bills could see a slowdown with production leading to panic buying of toilet roll

The Confederation of Paper Industries has warned that due to spiralling energy costs food packaging and sterile medical packaging are being impacted. Some manufacturers are reducing production to protect profits… The post Spiralling energy bills could see a slowdown with production leading to panic buying of toilet roll appeared first on London Business News |…

Tax and turnaround experts warn 7.5% VAT rise will hit hospitality sector including London

A 7.5% rise in VAT hitting the hospitality industry in London and the South East from 1 October will slow the recovery and even trigger permanent closures, a tax expert… The post Tax and turnaround experts warn 7.5% VAT rise will hit hospitality sector including London appeared first on London Business News | Londonlovesbusiness.com.

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