The Chancellor Rishi Sunak set out plans on Thursday to take the “sting out” of the £693 rise on household energy bills. The Chancellor announced that all households will be… The post Chancellor accused of taking ‘socialist approach’ to easing the soaring energy bills crisis appeared first on London Business News | Londonlovesbusiness.com.
The Bank of England raised rates to 0.5% in a surprise move on Thursday, but they also warned that inflation will hit 7.25% in April which will mark a 30-year… The post Bank of England warns inflation to hit 7.25% in April which will mark a 30 high for inflation appeared first on London Business…
Responding to the news that the Government has launched new support measures to mitigate the impacts of rising energy bills for households and the Bank of England’s Monetary Policy Committee… The post Small firms left out in the cold from energy support measures, as 0.5% base rate hits appeared first on London Business News |…
The Prime Minister had promised Brits that once the UK has left the Bloc there will be cheaper gas bills after Brexit. Today millions of families are now facing soaring… The post Boris did promise cheaper gas and to scrap the ‘damaging tax’ after Brexit which has turned out to be ‘fantasy’ appeared first on…
The Bank of England today decided to raise rates to 0.5% in a surprise move. Laura Suter, head of personal finance at AJ Bell, commented: “Clearly trying to redeem his title… The post Bank of England raises interest rates appeared first on London Business News | Londonlovesbusiness.com.
Calls for a windfall tax on those oil and gas giants are likely to get louder following the latest financial update from London based Shell. It’s profits for the last… The post Why big oil is under pressure as consumers eye energy price hikes appeared first on London Business News | Londonlovesbusiness.com.
Research by KIS Finance has revealed that as a direct result of the rising cost of living, 57% of people are either already struggling financially, or expect to do so… The post As interest rates set to rise, 57% are experiencing financial difficulties as the cost of living soars appeared first on London Business News…
According to new national research published by the UK’s leading pub company and brewer, Greene King, more than a third of UK workers today have never met their colleagues in person. Despite… The post One third of British workers have NEVER met their colleagues appeared first on London Business News | Londonlovesbusiness.com.
The energy regulator Ofgem have increased their price cap by 54% which will affect millions of households. Around 22 million customers who are on variable gas and electricity tariffs will… The post Millions face soaring bills as Ofgem announces a 54% increase as energy cap rises appeared first on London Business News | Londonlovesbusiness.com.
After a few decent days on the market, equities hit a stumbling block on Thursday with most of the major indices across Europe and Asia easing back. One of the… The post Markets stumble despite Shell success appeared first on London Business News | Londonlovesbusiness.com.
