Russia is on the brink of default on its debt for the first time since 1998, it has been reported. The news is expected to further alienate the country from… The post Russia defaults on debt for first time since 1998 appeared first on London Business News | Londonlovesbusiness.com.
Motoring group RAC say UK fuel retailers are engaging in ‘rocket and feather’ pricing, after petrol and diesel both touched record highs over the weekend. Prices at the pumps jumped… The post Petrol firms engaged in ‘rocket and feather’ pricing appeared first on London Business News | Londonlovesbusiness.com.
The Mayor of London, Sadiq Khan, has announced on Monday that London’s Tube network is moving a step closer to being powered entirely by renewable source electricity, which will help… The post Sadiq Khan confirms first steps towards powering the Tube with 100% renewable source electricity appeared first on London Business News | Londonlovesbusiness.com.
The ‘Great Resignation’ in the UK is still in full effect, with analysis by Deutsche Bank finding that more people left their jobs at the start of 2022 than at… The post Two thirds of UK workers prioritise mental health over career aspirations appeared first on London Business News | Londonlovesbusiness.com.
Retail sales fell 0.5% in May, figures out today show. Spending in food stores fell 1.6% while fuel sales up as more people head back to the office. Danni Hewson, AJ Bell financial… The post Cost of living pressures take a bite out of retail sales appeared first on London Business News | Londonlovesbusiness.com.
A 0.5% rise in the FTSE 100 to 7,056 is a step in the right direction and rounds off what’s been yet another volatile week on the markets. As we… The post Market chatter: Barclays goes big on mortgages and Lamprell in rescue talks appeared first on London Business News | Londonlovesbusiness.com.
Urgent action needs to be taken to address the UK’s gender pension gap, as new research of more than 4.5 million savers in the UK shows that it has barely… The post Legal & General calls for urgent action as UK gender pension gap makes slow progress appeared first on London Business News | Londonlovesbusiness.com.
GfK’s long-running Consumer Confidence Index decreased one point to -41 in June, setting a new record low. Four measures were down in comparison to the May 20th announcement, and one… The post Confidence sinks to -41 in June to set new record low appeared first on London Business News | Londonlovesbusiness.com.
HMRCs total receipts in the last 12 months are up 16.32% (£733bn from £630bn) on the previous year buoyed by increases in receipts from VAT (£29.4bn), Income Tax (£26.1bn) Corporation… The post HMRC tax receipts surge by over 16% in the last year, the Chancellor could do more appeared first on London Business News |…
The rail strikes have had a devastating impact on the theatre, live music and hospitality industries still rebuilding from the fall out of the pandemic. The night time economy relies… The post The West End was ‘well on the mend and the rail strikes threatens to push thousands of businesses back into intensive care’ appeared…
