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 |…
Inflation (CPIH) in May rose to 7.9%, up from 7.8% in April, major contributors included household energy bills and transport costs, with prices for food and non-alcoholic accelerating fastest compared… The post Disruption in global food markets is starting to feed through into the numbers ‘and looks set to drive continued inflation’ appeared first on…
The latest data from XpertHR shows that the median basic pay increase in the three months to the end of May 2022 was worth 4%, unchanged from the previous month,… The post The median basic pay award remains unchanged at 4% in the three months to the end of May, but no closer to inflation…
The Bank of England Monetary Policy Committee confirmed on Friday their base rate will rise by another 0.25% to 1.25%, research from international audit, tax and advisory firm Mazars shows… The post Businesses will pay almost £1bn more in interest straight away as Bank of England increases rate by 0.25% appeared first on London Business…
The UK’s second largest supermarket have invested more money into their campaign to offer customers cuts in food prices amid the cost of living crisis. Sainsbury’s have launched a campaign… The post The UK’s second largest supermarket chain cuts food prices amid the cost of living crisis appeared first on London Business News | Londonlovesbusiness.com.
A growing number of business owners are being kept awake at night by worries over cash flow. A Q1 2022 Confidence Survey released today by small business lender Capify, finds… The post Cashflow growing concern for business leaders as SMEs face new challenges from rising costs and inflation appeared first on London Business News |…
Head teachers are being forced to swap hot meals for sandwiches even for the most vulnerable due to increased food prices, cuts in funding and increasing inflation. The i has… The post School children are going without hot meals and eating sandwiches as the cost of living crisis get worse appeared first on London Business…
New ONS research, based on data for 30 everyday grocery items, shows that the lowest-priced items have increased in cost by around as much as average food and non-alcoholic drinks prices… The post What the rising food prices mean for you appeared first on London Business News | Londonlovesbusiness.com.
For the first time there are more job vacancies than people unemployed, figures out today show. UK unemployment rate drops to 3.7% – lowest since 1974 and regular pay lags… The post Record job movement as workers hunt higher pay appeared first on London Business News | Londonlovesbusiness.com.
There are fresh calls for an emergency budget to help workers, after basic pay fell further behind inflation. TUC General Secretary Frances O’Grady says millions of working families are at… The post Fresh calls for emergency budget as Brits squeezed appeared first on London Business News | Londonlovesbusiness.com.
