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Savers plough £4.4bn into NS&I, but green bonds fizzle

£4.4bn of savers’ money went into NS&I in 2021-22, figures out today showed. Premium Bonds are the most popular accounts, with £10.3bn of net inflows. Guaranteed Bonds and Income Bonds… The post Savers plough £4.4bn into NS&I, but green bonds fizzle appeared first on London Business News | Londonlovesbusiness.com.

Another red day for markets

So much for the big stock market comeback. Another day, another sea of red on the market. Asian equities were firmly in the doldrums including a near-2% decline in Hong… The post Another red day for markets appeared first on London Business News | Londonlovesbusiness.com.

Boots owner takes it off the market as the UK economy stutters

For a while it looked like Boots would be a tasty bone fought over by rival suitors and ultimately snapped up for a decent, if still rather low price.  UK plc has been in the spotlight… The post Boots owner takes it off the market as the UK economy stutters appeared first on London Business News | Londonlovesbusiness.com.

Falling sales for B&M and Nio under fire

Value retailer B&M should have been in its elements as the country faces a stalling economy. Its cheap prices appeal to cash-strapped individuals who are watching every penny and people… The post Falling sales for B&M and Nio under fire appeared first on London Business News | Londonlovesbusiness.com.

Government’s flawed NIC tax policy should be reversed immediately

The government should immediately reverse its flawed National Insurance (‘NIC’) policy to benefit working families, say leading tax and advisory firm, Blick Rothenberg. “The government’s direction to introduce a 1.25%… The post Government’s flawed NIC tax policy should be reversed immediately appeared first on London Business News | Londonlovesbusiness.com.

One in three drivers prefer to pay for car on a monthly basis so they don’t have to think about the total cost

Almost one in three (30%) drivers prefer to pay for their car on a monthly basis, because they prefer not to have to worry about the total cost and also… The post One in three drivers prefer to pay for car on a monthly basis so they don’t have to think about the total cost…

Bluewater-backed Pipeline Technique makes big acquisition

Pipeline Technique (PTL), a market leader in the onshore and offshore infrastructure welding, coating, and fabrication services sector, can today share that it has agreed to acquire the Oil & Gas division from… The post Bluewater-backed Pipeline Technique makes big acquisition appeared first on London Business News | Londonlovesbusiness.com.

All-weather portfolio: What assets to invest in during a bear market

Maxim Manturov, Head of Investment Advice at Freedom Finance Europe, explores an all-weather portfolio constructed through ETFs. The S&P 500 stock index officially entered bear market territory on 13 June… The post All-weather portfolio: What assets to invest in during a bear market appeared first on London Business News | Londonlovesbusiness.com.

Financial service providers have less than a minute to impress new customers

For more than 2-in-5 (42%) consumers, identity verification when signing up to a new financial service via mobile takes too long. A quarter (24%) of consumers become frustrated after less… The post Financial service providers have less than a minute to impress new customers appeared first on London Business News | Londonlovesbusiness.com.

Fresh evidence shows HMRC’s IR35 tool is failing firms

IR35 Shield has proven that HMRC’s Check Employment Status for Tax (CEST) tool contains fundamental flaws that expose users to considerable risk. The evidence compares failed legal arguments made by… The post Fresh evidence shows HMRC’s IR35 tool is failing firms appeared first on London Business News | Londonlovesbusiness.com.

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