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British SMEs are using Flanders to turn Brexit into a business opportunity

Investment figures released by Flanders Investment & Trade today show that, after a challenging start to 2021, many British companies are now using Brexit as an opportunity to safeguard and… The post British SMEs are using Flanders to turn Brexit into a business opportunity appeared first on London Business News | Londonlovesbusiness.com.

Over 60% of investors used borrowed funds to purchase highly volatile cryptocurrencies

A study by KIS Finance, has revealed that over two thirds of cryptocurrency investors borrowed money to make their purchase, rather than using income and/or savings. Overall, more than two… The post Over 60% of investors used borrowed funds to purchase highly volatile cryptocurrencies appeared first on London Business News | Londonlovesbusiness.com.

Savers raided £34m Lifetime Isa savings as the pandemic squeezed peoples finances

Last year people raided their Lifetime Isa savings for their retirement or fist home as the pandemic squeezed thousands of people with their finances. The figures were highlighted by Hargreaves… The post Savers raided £34m Lifetime Isa savings as the pandemic squeezed peoples finances appeared first on London Business News | Londonlovesbusiness.com.

Labour would create a £600m fund for steel and ‘other key strategic industries’ which is welcomed by steel campaigners

Labour have announced that they would create a £600m contingency fund which would help firms who are struggling including “energy intensive” sectors which has been welcomed by steel campaigners. This… The post Labour would create a £600m fund for steel and ‘other key strategic industries’ which is welcomed by steel campaigners appeared first on London…

Record number of CFOs say increasing capital investment is a strong priority for their business in the year ahead

Finance leaders are focused on growth, with a record 37% rating an increase in capital investment as a strong priority for their business in the next 12 months, according to… The post Record number of CFOs say increasing capital investment is a strong priority for their business in the year ahead appeared first on London…

One-third of Brits want to invest savings amid rising inflation but don’t know where to start

A third of Brits want to invest their savings this year to make their money work harder for them amid rising inflation – but many have no idea how to… The post One-third of Brits want to invest savings amid rising inflation but don’t know where to start appeared first on London Business News |…

Mayor to invest almost £50m additional funding to reduce and prevent crime across the capital

A new comprehensive investment package of almost £50m to tackle crime and the complex causes of crime has been announced by the Mayor of London, Sadiq Khan, today. This latest… The post Mayor to invest almost £50m additional funding to reduce and prevent crime across the capital appeared first on London Business News | Londonlovesbusiness.com.

Selfridges sold for £4bn to Thai and Austrian bigwigs

A Thai retailer and an Austrian property company have bought Selfridges for an estimated £4bn ($5.36bn). Thailand’s Central Group and Austrian real estate company Signa Holding already jointly own major… The post Selfridges sold for £4bn to Thai and Austrian bigwigs appeared first on London Business News | Londonlovesbusiness.com.

Sameer Gehlaut eyes tech investments following £150 million stake sale to Blackstone and ADIA

London-based Indian-born entrepreneur Sameer Gehlaut, founder of Indiabulls Group, is eyeing up further investments in the UK today following the sale of a large stake in one of his companies,… The post Sameer Gehlaut eyes tech investments following £150 million stake sale to Blackstone and ADIA appeared first on London Business News | Londonlovesbusiness.com.

London’s West End footfall 29% below pre-pandemic level

Footfall on and near London’s Oxford Street, the country’s biggest shopping district, was 17% below pre-pandemic levels, according to the New West End Company, which represents about 600 shops. Shopping… The post London’s West End footfall 29% below pre-pandemic level appeared first on London Business News | Londonlovesbusiness.com.

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