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Putin warns all ‘contracts will be stopped’ and Europe will be cut off from gas from tomorrow unless they ‘pay in rubles’

The Russian President Vladimir Putin has threatened that from tomorrow all “contracts will be stopped” and he will cut of Europe’s gas supplies o Friday. Putin who still has a… The post Putin warns all ‘contracts will be stopped’ and Europe will be cut off from gas from tomorrow unless they ‘pay in rubles’ appeared…

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.

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.

New analysis shows £10,000 increase in small business utility bills ahead of Spring Statement  

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.

It’s time Rishi Sunak got serious about the energy crisis

Ahead of the Spring Statement next week, surging energy bills, talk of fracking and Government hesitancy on action to reach net-zero should rightfully make us nervous. What we need is a clear UK-wide commitment to lower energy bills by improving energy efficiency in homes and businesses, delivered through a devolved Shared Prosperity Fund.  Households and…

Chancellor hints at cutting tax to help Brits with the high cost of living

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.

If Russia is shut down and oil prices rise diesel prices could hit £3 per litre MPs told

MPs have been warned that diesel prices could hit £3 per litre should Russia be shut down and oil prices rise. Dr Amrita Sen said, “We really haven’t got an… The post If Russia is shut down and oil prices rise diesel prices could hit £3 per litre MPs told appeared first on London Business…

Putin set to be bailed out with billions as India seeks further ‘investment to the Russian oil and gas sector’

The Russian President Vladimir Putin has been provided a financial life line as India are set to spend billions more with “Russia’s oil and gas sector.” Russia has been hit… The post Putin set to be bailed out with billions as India seeks further ‘investment to the Russian oil and gas sector’ appeared first on…

57% of Brits are already experiencing financial difficulties amid the Ukrainian crisis

Research by KIS Finance has revealed that as a direct result of the rising cost of living, 57% of people in the UK are either already struggling financially, or expect… The post 57% of Brits are already experiencing financial difficulties amid the Ukrainian crisis appeared first on London Business News | Londonlovesbusiness.com.

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