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City Corporation unveils 2040 net zero action plan for financial investments

The City of London Corporation has today announced a new 2040 net zero target for its combined £3bn investment portfolios, outlining a concrete action plan in response to the Intergovernmental… The post City Corporation unveils 2040 net zero action plan for financial investments appeared first on London Business News | Londonlovesbusiness.com.

Company insolvencies surge by over 50% as insolvency professional predicts a challenging winter

Insolvency figures released today for September 2021 by the Government’s Insolvency Service show a 56% increase in corporate insolvencies compared to the same month last year (1446 in September 2021… The post Company insolvencies surge by over 50% as insolvency professional predicts a challenging winter appeared first on London Business News | Londonlovesbusiness.com.

Contactless spending limit raised to £100 from today

From today the UK’s contactless spending limit will rise from £45 to £100 following a decision by the Treasury and the Financial Conduct Authority (FCA). There will be a short… The post Contactless spending limit raised to £100 from today appeared first on London Business News | Londonlovesbusiness.com.

FTSE hits new 2021 high

Anyone who gets excited by charts should note that the FTSE 100 has seen a breakout and is now trading at a higher level than any of its closing prices… The post FTSE hits new 2021 high appeared first on London Business News | Londonlovesbusiness.com.

Supply chain crisis to intensify as demand for early Christmas gifts rises

New data reveals consumers plan plans to get Christmas shopping done earlier than ever before, a potential cause of exacerbation of the UK’s already stretched supply chains. Findings shows that… The post Supply chain crisis to intensify as demand for early Christmas gifts rises appeared first on London Business News | Londonlovesbusiness.com.

Brent crude hits new three-year high of $85

Brent crude today hit a new three-year high this morning, jumping 1% to hit $85 per barrel. It comes amid the rising demand and surging gas prices drive up oil.… The post Brent crude hits new three-year high of $85 appeared first on London Business News | Londonlovesbusiness.com.

Voluntary company liquidations highest since January 2019

The number of companies in England and Wales choosing to be liquidated has risen to its highest in over two and half years, according to the Guardian. HMRC reports that… The post Voluntary company liquidations highest since January 2019 appeared first on London Business News | Londonlovesbusiness.com.

Health of returning office workers ‘not prioritised’ in office redesigns

Today, UK acoustics specialists, Oscar Acoustics, releases the finding from its 2021 research into office-space reconfiguration which surveyed over 200 architects on the challenges faced when transforming workspaces. With a… The post Health of returning office workers ‘not prioritised’ in office redesigns appeared first on London Business News | Londonlovesbusiness.com.

Money muteness holding back the nation’s small business owners

New research from GoCardless, a global fintech in account-to-account payments, has revealed that the stigma attached to talking about money has left British small businesses vastly under- and unpaid. The… The post Money muteness holding back the nation’s small business owners appeared first on London Business News | Londonlovesbusiness.com.

Households could end up paying an extra £45 for bills due to supplier failures

Brits are being warned that household energy bills could rise by a further £45to cover the costs of energy suppliers going bust. Suppliers who will pick up the pieces from… The post Households could end up paying an extra £45 for bills due to supplier failures appeared first on London Business News | Londonlovesbusiness.com.

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