The latest data from XpertHR shows that the median basic pay increase is predicted to rise to 2.5% in January 2022, a sharp increase against the 2021 quarter four figure… The post Wages set to rise as-cost-of living crisis looms appeared first on London Business News | Londonlovesbusiness.com.
Whether it’s spending money on the big food shop or treating yourself to a cinema trip, disposable income is important in allowing us to relax and enjoy life’s pleasures outside… The post Brits would be taking home £25k more each year if salaries increased in line with inflation from 1987 appeared first on London Business…
Inflation is at a 10-year high, figures from the Office for National Statistics showed today. Cost pressures have been primarily linked to global supply issues while producer figures suggest there’s… The post Living standards squeeze shows no sign of easing appeared first on London Business News | Londonlovesbusiness.com.
The cost of living soared 5.1% in the 12 months leading up to November 2021, up from 4.2% in October, and the highest hike since September 2011. Surging costs of transport and energy were mostly responsible for the rise, which far surpassed forecasts of a 4.7% jump, according to the Office for National Statistics (ONS).…
With inflation surging to a 10 year highi, consumers’ financial optimism has taken a hit for a second quarter in a row, according to TransUnion’s latest Consumer Pulse study. In stark contrast… The post Inflation puts brakes on consumer spending, but borrowing remains resolute with buy now, pay later growth continuing appeared first on London Business News…
The Governor of the Bank of England, David Bailey has said he is “very uneasy” over inflation soaring and has warned that interest rates could rise by the end of… The post Bank of England warns of interest hike as Bailey is ‘very uneasy’ and could take action by December appeared first on London Business…
Indian takeaways could rise by as much as 50% due to inflation and the days of a cheap Friday night curry are “coming to an end.” The Chairman of The… The post Indian curry is the next victim on inflation as the popular dish could rise by 50% appeared first on London Business News |…
Diesel prices have hit a record high as on Sunday a litre now costs 147.94p the RAC confirmed which is higher that the last high of 147.93 which was set… The post Diesel hits record high which is ‘another body blow to drivers and businesses’ which ‘will contribute further to inflation’ appeared first on London Business…
Hedge fund managers ended the month of September down 0.67% on an equal-weighted basis, and down 0.77% on an asset-weighted basis. Market risk sentiment shifted lower due to concerns over… The post Hedge funds down 0.67% as higher inflationary pressure weighed on sentiment appeared first on London Business News | Londonlovesbusiness.com.
Following the Chancellor’s Autumn Budget small businesses are concerned over inflation and rising taxes, the Federation of Small Businesses (FSB) has said. The FSB acknowledged that the Chancellor has delivered… The post Revolut’s credit risk provider warns Autumn Budget is overly optimistic for small businesses appeared first on London Business News | Londonlovesbusiness.com.
