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Brits warned to expect energy and food prices ‘will rise further’ hitting families hard amid Ukraine crisis

On Tuesday the German Chancellor Olaf Scholz halted the Nord 2 natural gas pipeline from Russia which will cause prices for food and energy to soar affecting millions of households.… The post Brits warned to expect energy and food prices ‘will rise further’ hitting families hard amid Ukraine crisis appeared first on London Business News…

Aston Martin narrows losses as pandemic pain eases

Luxury car marker Aston Martin today revealed it has stemmed heavy losses last year after sales rose following the pandemic. Bosses revealed pre-tax losses reduced to £213.8 million from £466… The post Aston Martin narrows losses as pandemic pain eases appeared first on London Business News | Londonlovesbusiness.com.

Almost 20% of global private capital CFOs have yet to begin integrating ESG into investment processes

New research from Intertrust reveals that CFOs continue to fear cost and resource constraints as client demands grow around ESG, citing those factors as the “biggest obstacles” surrounding ESG integration.… The post Almost 20% of global private capital CFOs have yet to begin integrating ESG into investment processes appeared first on London Business News |…

G7 members slap Russia with £24trn of ‘coordinated escalatory sanctions’ Liz Truss confirms following Ukraine invasion

The British Foreign Secretary Liz Truss has announced today that there has been a “coordinated escalatory sanctions” with members of the G7 with a combined amount of £24trn. The G7… The post G7 members slap Russia with £24trn of ‘coordinated escalatory sanctions’ Liz Truss confirms following Ukraine invasion appeared first on London Business News |…

Antofagasta faces big cost increases in 2022 as copper price holds firm

Copper carries the nickname ‘Dr Copper’ because the malleable and ductile industrial metal is used so widely in so many industries that it is seen as a good guide to… The post Antofagasta faces big cost increases in 2022 as copper price holds firm appeared first on London Business News | Londonlovesbusiness.com.

Ukraine crisis expected to push petrol price soaring as Brent crude nears to $100 a barrel

As a result of Russian forces entering eastern Ukraine motorists have been warned to expect to see soaring petrol prices in the weeks and months to come. Brent crude has… The post Ukraine crisis expected to push petrol price soaring as Brent crude nears to $100 a barrel appeared first on London Business News |…

Markets under pressure amid Russia invasion into Ukraine as FTSE 100 Index falls be more than 1%

Global stock markets tumbled overnight with oil prices soaring to their highest level in seven years after Vladimir Putin ordered Russian troops to enter Ukraine.  Shares tumbled amid the intensifying… The post Markets under pressure amid Russia invasion into Ukraine as FTSE 100 Index falls be more than 1% appeared first on London Business News…

Fuel prices reach record high as ‘tension between Russia and Ukraine is still weighing heavy on the oil price’

According to the latest figure by the RAC the average price of petrol and diesel hit record highs at UK forecourts as it was up by 149 on Sunday and… The post Fuel prices reach record high as ‘tension between Russia and Ukraine is still weighing heavy on the oil price’ appeared first on London…

Online sales tumble over 20%, but ‘reports of e-commerce’s death are greatly exaggerated’

At the height of the pandemic, back in February 2021, online sales grabbed 35.6% of all retail trade as shoppers fled from the High Street. In contrast, the latest Office… The post Online sales tumble over 20%, but ‘reports of e-commerce’s death are greatly exaggerated’ appeared first on London Business News | Londonlovesbusiness.com.

TfL funding extended until Friday as they attempt to secure long term deal to ‘protect London’s transport network’

The Mayor of London Sadiq Khan warned over the weekend that Transport for London (TfL) faces bankruptcy within days which would put 43,000 jobs on the line. On Monday TfL… The post TfL funding extended until Friday as they attempt to secure long term deal to ‘protect London’s transport network’ appeared first on London Business…

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