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UK is in crisis  as we are ‘sleepwalking into food shortages and that’s a fact’ as farmers ‘turn down production’

The war in Ukraine has created chaos as the supply chain which is crippling farmers across the UK as “ridiculous fertiliser prices” has soared from £300 per tonne to £1,000.… The post UK is in crisis  as we are ‘sleepwalking into food shortages and that’s a fact’ as farmers ‘turn down production’ appeared first on…

Cost-of-living crisis means spending on seasonal events is likely to be impacted this year

Nearly half of shoppers with children at home claim they are already aiming to save money day-to-day so they can spend as much as they normally would this Christmas, according… The post Cost-of-living crisis means spending on seasonal events is likely to be impacted this year appeared first on London Business News | Londonlovesbusiness.com.

London’s Media Zoo set to double in size as it takes investment from BGF

Media Zoo, the digital learning, film, and communications company, has sold a minority stake in its business to BGF, one of the UK’s leading growth capital investors. It comes as… The post London’s Media Zoo set to double in size as it takes investment from BGF appeared first on London Business News | Londonlovesbusiness.com.

A quarter of British adults struggling to pay bills

New data from the Office for National Statistics has found that almost all adults are facing rising costs, forcing some to borrow money, and leaving many with nothing left to… The post A quarter of British adults struggling to pay bills appeared first on London Business News | Londonlovesbusiness.com.

World’s biggest investors change strategy in face of turbulent times

State Street Corporation and the International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from 40 countries, today released a new report revealing a major… The post World’s biggest investors change strategy in face of turbulent times appeared first on London Business News | Londonlovesbusiness.com.

Interest rate rises and increased energy costs have hit companies’ bottom lines leaving 39% of firms insolvent

UK company insolvencies have jumped 39% in the last month with 2,114 businesses entering insolvency in March 2022, up from 1,517 in February says Mazars, the international audit, tax and… The post Interest rate rises and increased energy costs have hit companies’ bottom lines leaving 39% of firms insolvent appeared first on London Business News…

Global growth forecast for 2022 slashed to 3.5% amid Russia-Ukraine war

GlobalData has downwardly revised its global economic growth forecast for 2022 from 4.4% in February to 3.5% in April 2022. The leading data and analytics company notes that this decrease… The post Global growth forecast for 2022 slashed to 3.5% amid Russia-Ukraine war appeared first on London Business News | Londonlovesbusiness.com.

Shoppers spent more to buy less in March, as inflation and fuel costs soared

Today’s Office for National Statistics (ONS) retail sales figures for March make grim reading, says the home delivery expert ParcelHero. Retail sales tumbled -1.4% in volume against February’s figures, with… The post Shoppers spent more to buy less in March, as inflation and fuel costs soared appeared first on London Business News | Londonlovesbusiness.com.

Beer prices set to go up amid rising grain costs amid Russia-Ukraine war and soaring inflation

The Russian-Ukraine war has impacted the beer industry as there has been a major spike in grain costs, soaring commodity inflation and supply chain issues. The Dutch brewing giant Heineken… The post Beer prices set to go up amid rising grain costs amid Russia-Ukraine war and soaring inflation appeared first on London Business News |…

Farmers threaten to stop egg production over prices as supermarkets are ‘suffocating businesses’

Supermarkets have been accused of suffocating “businesses” and putting “cheap food marketing tactics” above the needs of farmers. Egg farmers have now threatened to stop all production if supermarkets do… The post Farmers threaten to stop egg production over prices as supermarkets are ‘suffocating businesses’ appeared first on London Business News | Londonlovesbusiness.com.

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