The United States and European Commission have agreed a new partnership to cut Europe’s reliance on Russian energy. The White House says: “It will work to ensure energy security for… The post US and EC agree deal to cut dependence on Russian gas appeared first on London Business News | Londonlovesbusiness.com.
Billionaire Sir Christopher Hohn has called on shareholders to vote against bank directors involved in “greenwashing”, and who lobby against climate action. He said: “Any bank making a net zero… The post Sir Chris Hohn to investors: Vote against ‘greenwashing’ bank directors appeared first on London Business News | Londonlovesbusiness.com.
GfK’s long-running Consumer Confidence Index decreased five points to -31 in March. All five measures were down in comparison to the February 25th announcement. Joe Staton, Client Strategy Director GfK,… The post Consumer Confidence drops five points to -31 in March appeared first on London Business News | Londonlovesbusiness.com.
Governments effectively choosing to subsidise the use hydrocarbons via cuts in fuel duty, Egypt calling in the IMF to help it handle surging wheat and oil prices and chaos in… The post How high can commodity prices go? appeared first on London Business News | Londonlovesbusiness.com.
For a company that has a habit of under-promising and over-delivering, the market has shown disappointment at Next’s downgraded sales guidance for its current financial year. It’s not to say… The post Next downgrades guidance appeared first on London Business News | Londonlovesbusiness.com.
Brent Crude oil at $122 per barrel is going to be a tough one for businesses to stomach as energy costs go through the roof. The cost of running factories,… The post Oil prices continue to rise appeared first on London Business News | Londonlovesbusiness.com.
The foreign secretary Liz Truss today announced that the UK has imposed sanctions on 65 more Russian people and businesses in order to cut off”vital industries fuelling Putin’s war machine”.… The post UK slaps sanctions on 65 more Russian people appeared first on London Business News | Londonlovesbusiness.com.
The Chancellor has stopped short of cutting headline rates of tax for now, despite calls to protect low and medium income households from the rising cost of living. However, he… The post A statement full of fiscal promises for businesses and cash-strapped families appeared first on London Business News | Londonlovesbusiness.com.
The chancellor today announced that the government will raise the threshold for the amount people earn before they pay National Insurance. “From this July, people will be able to earn… The post Sunak raises National Insurance threshold appeared first on London Business News | Londonlovesbusiness.com.
Chancellor Rishi Sunak told the Commons today that “over time I want to go further”, but says tax cuts must be paid for. However, by 2024, he says the OBR… The post Sunak says basic rate of tax to be cut appeared first on London Business News | Londonlovesbusiness.com.
