UK commercial vehicle (CV) production grew 26.5% in the fifth month of 2022, with 7,900 new vans, buses, trucks, coaches and taxis leaving British factory lines, new figures published today by… The post UK commercial vehicle production grows 26.5% in best May for a decade appeared first on London Business News | Londonlovesbusiness.com.
A blossoming order book, an upturn in business in the USA and management’s forecast of a return to a net profit in 2022 are not proving enough to support shares… The post Hunting shares get drilled even as firm predicts return to the black appeared first on London Business News | Londonlovesbusiness.com.
The pound is hurtling towards its biggest six-month drop against the US dollar since the Brexit referendum in 2016. Sterling fell a whopping 0.46% to $1.2127 by mid-afternoon on Wednesday.… The post Pound heading for biggest drop in six months appeared first on London Business News | Londonlovesbusiness.com.
The Mayor of London, Sadiq Khan, is calling on ministers to act to ensure 400,000 Londoners who live in properties on communal heat networks don’t miss out on the benefits… The post Sadiq Khan demands rebate for Londoners with communal heating systems missing out on energy price cap appeared first on London Business News |…
More than one in five (22%) small and medium sized enterprises (“SMEs”) that needed external finance and/or capital over the last couple of years were unable to access it. Indeed,… The post SME survey reveals financing drought which is stalling growth as RLS loan deadline passes appeared first on London Business News | Londonlovesbusiness.com.
Today in Houston, one of the world’s largest ethane carriers came face to face with its namesake, the INEOS Grenadier 4X4, at the ship’s official christening ceremony. The vehicle was… The post ‘Pacific INEOS Grenadier’, ethane carrier ship,named in honour of INEOS’ Grenadier 4X4 appeared first on London Business News | Londonlovesbusiness.com.
MiroBio who are a leader in the development of checkpoint agonists to treat autoimmune diseases, have announced on Wednesday the completion of a $97m (£80m) Series B financing led by… The post MiroBio raises $97m Series B financing to develop checkpoint agonists for treatment of autoimmune diseases appeared first on London Business News | Londonlovesbusiness.com.
Even with today’s economic volatility, inadequate financial systems and processes are holding global businesses back from growing at scale, according to new research from Coupa Software, who are a leader… The post IPO delays continue as 87% of fast-growing UK companies delay going public amid current market conditions appeared first on London Business News |…
With households feeling the squeeze from soaring energy bills and rapidly increasing interest rates, almost half (49%) of UK workers feel they’re not being paid fairly for the hours they… The post Cost of Living: Seven in ten workers have not seen their pay increase in line with inflation who are now ‘crutinising their their…
The economic outlook is weakening according to the findings of this quarter’s Economic Survey (QES) conducted by Greater Manchester Chamber of Commerce. The Greater Manchester Index, a composite indicator made… The post Latest business survey shows economic outlook is weakening amid ‘inflation, continued supply chain disruptions and uncertainty’ appeared first on London Business News |…
