MPs have been warned that diesel prices could hit £3 per litre should Russia be shut down and oil prices rise. Dr Amrita Sen said, “We really haven’t got an… The post If Russia is shut down and oil prices rise diesel prices could hit £3 per litre MPs told appeared first on London Business…
The war in Ukraine is unnerving global stock markets, which has implications for the value of pension pots and by extension, retirement plans. Initially, the concern among pension savers was… The post What does the Russia-Ukraine war mean for you money appeared first on London Business News | Londonlovesbusiness.com.
The Russian President Vladimir Putin has been provided a financial life line as India are set to spend billions more with “Russia’s oil and gas sector.” Russia has been hit… The post Putin set to be bailed out with billions as India seeks further ‘investment to the Russian oil and gas sector’ appeared first on…
Next week’s Spring Statement is only meant to be an economic update, not a full-blown Budget. But with a cost-of-living crisis hitting the headlines and people across the country struggling… The post Spring Statement: Here’s a wishlist for Rishi Sunak appeared first on London Business News | Londonlovesbusiness.com.
Despite record inflation and soaring energy prices, the Government is pushing ahead with April’s National Insurance (‘NIC’) increase so that it can later cut income tax in a perceived tax… The post Government should be deferring the National Insurance tax increase, not planning for a tax giveaway appeared first on London Business News | Londonlovesbusiness.com.
A £25 million Belgravia mansion of a Russian billionaire has been taken over by protesters in the wake of the Russia-Ukraine war. The plush home belongs to Oleg Deripaska, who… The post Russian oligarch’s £25m London mansion taken over by squatters over Ukraine protest appeared first on London Business News | Londonlovesbusiness.com.
Vladimir Putin cannot afford to pay for critical imports such as “food, medicine, a number of other vital goods as he has lost access to $300bn of his reserves, in… The post Putin can’t pay for ‘food, medicine, a number of other vital goods’ as he losses access to $300bn amid sanctions appeared first on…
After a mid-week rally for stocks, Thursday’s session saw a bucket of cold water poured over markets in Europe, Asia and the US. The war rumbled on, new inflation figures… The post FTSE ends the week on a brighter note appeared first on London Business News | Londonlovesbusiness.com.
The World Bank has warned that Russia could be left effectively bankrupt by next week and Moscow may be forced to default on their foreign debts. The Kremlin has expressed… The post Kremlin are in ‘shock’ as Russia is the poorest country in Europe and will be ‘effectively bankrupt by next week’ appeared first on…
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew in January 2022 by 11% compared… The post Asset finance market grew by 11% in January 2022 appeared first on London Business News | Londonlovesbusiness.com.