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Three quarters of British business owners dip into their own pockets as cost-of-living crisis bites

Almost three quarters of entrepreneurs have admitted to dipping into their personal savings in the last month to save their business from going under, according to new research commissioned by… The post Three quarters of British business owners dip into their own pockets as cost-of-living crisis bites appeared first on London Business News | Londonlovesbusiness.com.

FTSE fails to join market rebound

Having bucked the negative market trend this year with a positive performance, the FTSE 100 fell on Friday as the rest of Europe rose. A 0.2% drop to 7,548 was… The post FTSE fails to join market rebound appeared first on London Business News | Londonlovesbusiness.com.

Ineos backs ‘The Daily Mile’ – a sporting event for hundreds of kids

The Daily Mile, supported by INEOS, today celebrated the upcoming World Athletics Championships Oregon22 with a number of events that were designed to get as many elementary school children in… The post Ineos backs ‘The Daily Mile’ – a sporting event for hundreds of kids appeared first on London Business News | Londonlovesbusiness.com.

Shares in energy firms fall after 25% windfall tax on oil and gas

Shares in energy companies have dropped this morning, as investors analyse yesterday’s 25% windfall tax on oil and gas producers’ profits. Harbour Energy, the biggest UK North Sea oil and gas… The post Shares in energy firms fall after 25% windfall tax on oil and gas appeared first on London Business News | Londonlovesbusiness.com.

New open banking-powered invoice financing service launched to support businesses during tough economic times

More UK small and medium-sized businesses (SMEs) will be able to get their invoices paid instantly, better manage their cashflow and improve their overall creditworthiness. The innovation has been made… The post New open banking-powered invoice financing service launched to support businesses during tough economic times appeared first on London Business News | Londonlovesbusiness.com.

Flexible instalment payments now possible with Clearpay at fan-favourite small businesses nationwide to help boost sales

Clearpay who are a leader in “Buy Now, Pay Later” payments known as Afterpay outside the UK and Europe, has made its in-store payment functionality available to small and medium… The post Flexible instalment payments now possible with Clearpay at fan-favourite small businesses nationwide to help boost sales appeared first on London Business News |…

BBC Four and CBBC are to axed in the next few years with the loss of 1,000 jobs as part of cuts

Director-general Tim Davie announced to staff on Thursday that BBC Four and CBBC are to be axed over the next few years as part of their cuts. Davie told staff… The post BBC Four and CBBC are to axed in the next few years with the loss of 1,000 jobs as part of cuts appeared…

Sunak spends £37bn on cost-of-living crisis, the same as all self-assessment income tax payments in 2021/22

The Chancellor Rishi Sunak has announced on Thursday that he will give 8 million households £650 towards their energy bills which does not have to be paid back. leading tax… The post Sunak spends £37bn on cost-of-living crisis, the same as all self-assessment income tax payments in 2021/22 appeared first on London Business News |…

Hornby on the right track with £12m facility from Secure Trust Bank 

Leading UK hobby and toy specialist, Hornby Hobbies Ltd, is set to build on its recent success, after securing a £12m combined facility from Secure Trust Bank Commercial Finance. Made… The post Hornby on the right track with £12m facility from Secure Trust Bank  appeared first on London Business News | Londonlovesbusiness.com.

Allica Bank sees over £180m of enquires from care home businesses

Allica Bank, the leading challenger bank committed to supporting established small and medium-sized businesses, has today announced it has seen over £180 million of enquiries from care home businesses since… The post Allica Bank sees over £180m of enquires from care home businesses appeared first on London Business News | Londonlovesbusiness.com.

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