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Ukraine warns ‘the war is moving to a protracted phase’ which heavily ‘risks a global food crisis’ exacerbating the cost of living

The Ukrainian Defense Minister Oleksiy Reznikov has said on Wednesday that the Russian army are moving into a “protracted phase” which heavily “risks a global food crisis.” He said that… The post Ukraine warns ‘the war is moving to a protracted phase’ which heavily ‘risks a global food crisis’ exacerbating the cost of living appeared…

A council in England declares ‘cost of crisis has become an emergency’ due to government ‘inaction’

A council in England has declared an “emergency” over the cost of living and has warned that “parents are skipping meals all the time so their kids can eat.” Eastbourne… The post A council in England declares ‘cost of crisis has become an emergency’ due to government ‘inaction’ appeared first on London Business News |…

Truss: Windfall tax makes it ‘difficult’ to attract investment

Foreign secretary Liz Truss today said a windfall tax “makes it difficult to attract future investment into our country”. “The problem with a windfall tax is it makes it difficult… The post Truss: Windfall tax makes it ‘difficult’ to attract investment appeared first on London Business News | Londonlovesbusiness.com.

Watches of Switzerland show the rich are still spending

If you’ve relatively wealthy the current inflationary pressures seen around the world are unlikely to have changed your lifestyle. That’s evident in the latest updates from Burberry and Watches of… The post Watches of Switzerland show the rich are still spending appeared first on London Business News | Londonlovesbusiness.com.

Tide and Sage come together to build a complete end-to-end accounting and tax solution for small businesses

Tide who are the UK’s leading business financial platform and Sage, the leader in accounting, financial, HR and payroll technology for small and mid-sized businesses today announced the launch of… The post Tide and Sage come together to build a complete end-to-end accounting and tax solution for small businesses appeared first on London Business News…

FTSE higher, Imperial Brands impresses and Land Securities reports record leasing in central London offices

This is not the message you want to hear from the Bank of England Governor. Andrew Bailey as a latter-day King Canute has told everyone he and the Bank are… The post FTSE higher, Imperial Brands impresses and Land Securities reports record leasing in central London offices appeared first on London Business News | Londonlovesbusiness.com.

Hedge funds retreated 0.4% in April, dragging year-to-date returns further into the red

Hedge funds retreated 0.4% in April, dragging year-to-date returns further into the red at -0.6%. April was a challenging month for the financial markets as the combination of the escalating… The post Hedge funds retreated 0.4% in April, dragging year-to-date returns further into the red appeared first on London Business News | Londonlovesbusiness.com.

Record job movement as workers hunt higher pay

For the first time there are more job vacancies than people unemployed, figures out today show. UK unemployment rate drops to 3.7% – lowest since 1974 and regular pay lags… The post Record job movement as workers hunt higher pay appeared first on London Business News | Londonlovesbusiness.com.

Fresh calls for emergency budget as Brits squeezed

There are fresh calls for an emergency budget to help workers, after basic pay fell further behind inflation. TUC General Secretary Frances O’Grady says millions of working families are at… The post Fresh calls for emergency budget as Brits squeezed appeared first on London Business News | Londonlovesbusiness.com.

£8.7m capital raise for Recognise Bank

Challenger bank, Recognise Bank, will benefit from £8.7 million in new capital following the latest successful round of fund raising announced today by the City of London Group (CoLG), the… The post £8.7m capital raise for Recognise Bank appeared first on London Business News | Londonlovesbusiness.com.

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