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Managed groups’ like-for-like sales up 2% in April, but cost pressures stunt growth

Britain’s leading managed restaurant, pub and bar groups recorded like-for-like sales growth of 2% in April 2022, the latest Coffer CGA Business Tracker reveals. The comparison with April 2019 means… The post Managed groups’ like-for-like sales up 2% in April, but cost pressures stunt growth appeared first on London Business News | Londonlovesbusiness.com.

Jump in small businesses planning to raise money through EIS as enthusiasm for equity raises grows

The number of small businesses planning to raise money under the Government’s flagship Enterprise Investment Scheme (EIS) rose nearly 10% last year from 2,965 in 2019/20 to 3,245 in 2020/21,… The post Jump in small businesses planning to raise money through EIS as enthusiasm for equity raises grows appeared first on London Business News |…

Ofgem says energy price cap to reviewed every three months

Energy regulator Ofgem today announced that the energy price cap could be reviewed every three months instead of twice a year. It comes as staying on top of energy bills… The post Ofgem says energy price cap to reviewed every three months appeared first on London Business News | Londonlovesbusiness.com.

Payroll Efficiency Index reveals global improvements during the pandemic

Payroll efficiency improved following the aftermath of the pandemic, with First-Time Approvals (FTAs) increasing while data inputting errors and the number of issues per 1,000 payslips dropped globally. That’s according… The post Payroll Efficiency Index reveals global improvements during the pandemic appeared first on London Business News | Londonlovesbusiness.com.

The UK has one of the least productive economies in the world

A large proportion of business owners (65 per cent) and senior managers (82 per cent) have increased their use of project-based methods on everyday tasks, such as introducing measures to… The post The UK has one of the least productive economies in the world appeared first on London Business News | Londonlovesbusiness.com.

Made.com hit by cost-of-living crisis

There was divergence in the markets at the start of the new trading week, with Asia mostly up and Europe all in the red. The FTSE 100 slipped 0.3% to… The post Made.com hit by cost-of-living crisis appeared first on London Business News | Londonlovesbusiness.com.

Tory MP gives ‘ludicrous’ advice, if you want to be able to afford rising prices work ‘more hours’ or get ‘a better paid job’

Millions of people across the UK are struggling to make ends meet as the cost of living is taking its toll, now a Tory MP has given some advice, if… The post Tory MP gives ‘ludicrous’ advice, if you want to be able to afford rising prices work ‘more hours’ or get ‘a better paid…

Sadiq Khan re-opens Bank branch of Northern line

The Mayor of London, Sadiq Khan, today (Monday 16 May) re-opened the Bank branch of the Northern line following a 17-week planned closure. The closure enabled around 550 construction staff… The post Sadiq Khan re-opens Bank branch of Northern line appeared first on London Business News | Londonlovesbusiness.com.

Sage announces the acquisition of Futrli 

Sage who are  the leader in accounting, financial, HR, and payroll technology for small and medium-sized businesses (SMBs) have announced they have completed the acquisition of Futrli, the UK’s premier… The post Sage announces the acquisition of Futrli  appeared first on London Business News | Londonlovesbusiness.com.

Finnfund’s investment portfolio grew up to 780 million euros

Finnufund, a Finnish development financier and impact investor, has published its Annual Report for 2021. Despite the challenging situation, investment activities maintained at a high level. At the end of… The post Finnfund’s investment portfolio grew up to 780 million euros appeared first on London Business News | Londonlovesbusiness.com.

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