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Encouraging update from Premier Foods

The latest UK inflation figures had a bit of everything, whether you’re a sunny optimist who thinks inflationary pressures are close to peaking, or a cautious Cassandra who thinks we’re… The post Encouraging update from Premier Foods appeared first on London Business News | Londonlovesbusiness.com.

Grocery prices continue to climb as shoppers prepare for scorching summer heat

The latest take-home grocery figures from Kantar show that supermarket sales rose by 0.1% in the 12 weeks to 10 July 2022. This is the first time the market has… The post Grocery prices continue to climb as shoppers prepare for scorching summer heat appeared first on London Business News | Londonlovesbusiness.com.

Global startup funding drops ALMOST A QUARTER in Q2

Global funding for startups has fallen 23% since the first quarter of 2022 according to a report form CB Insights, with $108.5 billion invested over 7,651 deals. This is the… The post Global startup funding drops ALMOST A QUARTER in Q2 appeared first on London Business News | Londonlovesbusiness.com.

Record fall in real wages adds to squeeze on household finances

Wages are rising, but prices are rising much faster, resulting in a record 2.8% fall in regular pay in real terms. With inflation set to rise even further from here,… The post Record fall in real wages adds to squeeze on household finances appeared first on London Business News | Londonlovesbusiness.com.

ONS jobs data: ‘Companies are having to bend over backwards to secure talent’

The latest Labour Force Survey (LFS) estimates for March to May 2022 show that over the quarter, there was an increase in the employment rate, while unemployment and economic inactivity… The post ONS jobs data: ‘Companies are having to bend over backwards to secure talent’ appeared first on London Business News | Londonlovesbusiness.com.

Cash boost for millions of workers as government backs new law to ensure all staff keep their tips

Millions of UK workers will be able take home more of their hard-earned cash under new legislation, backed by the government today (Friday 15 July), banning employers from withholding tips… The post Cash boost for millions of workers as government backs new law to ensure all staff keep their tips appeared first on London Business…

Value of total bank lending to UK businesses jumps £12bn in nine months following loans ‘drought’

The total value of lending to UK businesses has risen by £12bn to £533bn in the nine months to end May 2022 as banks increase their lending following a sharp… The post Value of total bank lending to UK businesses jumps £12bn in nine months following loans ‘drought’ appeared first on London Business News |…

FCA highlights financial crime concerns to Challenger Banks

A review by the Financial Conduct Authority (FCA), conducted over 2021, has raised concerns over the financial crime controls of challenger banks, finding a rise in the number of Suspicious… The post FCA highlights financial crime concerns to Challenger Banks appeared first on London Business News | Londonlovesbusiness.com.

Hedge funds declined for a third consecutive month in June with a return of -2.7%

Hedge funds declined for a third consecutive month in June with a return of -2.7%, recording their worst monthly performance since the onset of the pandemic in March 2020. Following… The post Hedge funds declined for a third consecutive month in June with a return of -2.7% appeared first on London Business News | Londonlovesbusiness.com.

How to tackle the heatwave

The extreme heatwave crisis scorching parts of the UK, Europe, the U.S. and Asia underscores that private finance must be urgently unlocked and mobilised by the financial sector, as politicians… The post How to tackle the heatwave appeared first on London Business News | Londonlovesbusiness.com.

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