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£62m set to be spent on workplace Secret Santas in London this year

New research has revealed that London workers are set to spend £62m this year on workplace Secret Santas alone. The survey data, conducted by FCA-regulated credit broker CashLady.com, has lifted… The post £62m set to be spent on workplace Secret Santas in London this year appeared first on London Business News | Londonlovesbusiness.com.

American Express champions the vital role of small businesses with return of the UK’s Shop Small campaign

American Express continues its long-standing backing of small businesses by once again running its flagship Shop Small campaign, encouraging the nation to support their local, independent businesses. Shop Small launched… The post American Express champions the vital role of small businesses with return of the UK’s Shop Small campaign appeared first on London Business News…

SMEs call for government support due to staff shortages and supply chain issues

More than two thirds (68%) of London SME owners anticipate the current supply chain issues and staff shortages to only get worse before they get better, according to a new… The post SMEs call for government support due to staff shortages and supply chain issues appeared first on London Business News | Londonlovesbusiness.com.

Passive funds beat active investing in 2021 as virus dampens sentiment

Only a third of active equity funds (34%) beat a passive alternative this year, according to our latest Manager versus Machine report. Active outperformance was particularly sparse in the US,… The post Passive funds beat active investing in 2021 as virus dampens sentiment appeared first on London Business News | Londonlovesbusiness.com.

Government’s ‘Eat Out to Help Out’ scheme resulted in an immediate 41% spike in payday loan applications

The government’s ‘Eat Out to Help Out’ scheme, where customers could get a 50% discount to eat at restaurants that registered with the government scheme saw a spike in payday… The post Government’s ‘Eat Out to Help Out’ scheme resulted in an immediate 41% spike in payday loan applications appeared first on London Business News…

Mercer forecasts UK risk transfer activity to hit £60bn in 2022

Mercer forecasts combined bulk annuities, longevity swaps and new risk transfer solutions to reach £60bn during 2022. The growth is expected to be driven by a variety of factors, including… The post Mercer forecasts UK risk transfer activity to hit £60bn in 2022 appeared first on London Business News | Londonlovesbusiness.com.

Markets continue to rally

The FTSE 100 continued its winning streak, rising a further 0.4% to 7,368 as investors brushed off fears over the Omicron variant and regained their appetite for risk. Russ Mould,… The post Markets continue to rally appeared first on London Business News | Londonlovesbusiness.com.

Total tax revenues across the UK fell by £33.4bn last year

Total tax revenues across the United Kingdom fell by £33.4 billion last year according to the annual revenue statistical release from the Organisation for Economic Co-operation and Development.   The… The post Total tax revenues across the UK fell by £33.4bn last year appeared first on London Business News | Londonlovesbusiness.com.

AW Ship Management secures £59m management contract for nuclear transport vessels

AW Ship Management has been appointed by Nuclear Transport Solutions (NTS) to provide ship management services for its fleet of three specialist nuclear cargo vessels in a deal worth £59… The post AW Ship Management secures £59m management contract for nuclear transport vessels appeared first on London Business News | Londonlovesbusiness.com.

UK ranks amongst the worst in the world for maternity pay

Yoppie, the pioneers of personalised period care, has highlighted how the UK is home to some of the worst maternity pay in the world, with the majority of women also… The post UK ranks amongst the worst in the world for maternity pay appeared first on London Business News | Londonlovesbusiness.com.

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