CBI teams up with Indian counterpart to get trade deal ‘over the line’ May 9, 2022 Britain’s biggest business group will team up with its Indian counterpart to “push the UK-India trade deal over the line,” it announced today. The Confederation of British Industry (CBI) and Confederation of Indian Industry (CII) have jointly launched a commission to boost industry collaboration between the two countries. A free trade agreement between Britain and [...]
Coy consumer ‘raises the risk’ of UK recession May 9, 2022 The risk of the UK being thrown into a recession is building, according to closely watched forecasts published today that chime with the Bank of England’s recent contraction warning. Households leaving their £180bn pandemic savings war chests largely untouched in the face of greater uncertainty “raises the risk of recession,” according to new forecasts by [...]
London economy squeezed by inflation grip in sign of looming UK-wide slowdown May 9, 2022 London’s economy is being choked by intensifying inflationary pressures in a sign that the rest of the UK is headed for a period of weaker growth, reveals a fresh survey released today. Concerns about a reduction in consumer spending in response to the worst cost of living crunch in 30 years has pushed London business [...]
Sadiq Khan: London must make ’the most of Brexit’ and attract US talent and investment May 9, 2022 SADIQ Khan said London “needed to make the most of Brexit” as he met with big business leaders in the US yesterday. The Mayor of London is in New York as part of the first leg of his trip to the US in a bid to drive tourism to the capital. He said yesterday his [...]
G7 leaders commit to phasing out Russian oil May 8, 2022 Leaders of the world’s richest economies today committed to banning imports of Russian oil in a further ratcheting up of sanctions against Vladimir Putin. G7 chiefs have committed “to phase out our dependency on Russian energy, including by phasing out or banning the import of Russian oil,” the White House said in a statement yesterday. [...]
Week ahead: Fresh GDP figures to reinforce stagnation fears May 8, 2022 Further evidence that the UK economy is headed into reverse is likely to emerge this week when fresh GDP estimates are released on Thursday. A damning set of forecasts released by the Bank of England last week weighed heavily on London’s top companies. The capital’s premier FTSE 100 index fell 1.61 per cent over the [...]
1 Minute Market Rundown – 6th May 2022 May 6, 2022 | City Talk Old Lady Signals a Pause to Come Crypto and Risk Assets Come Under PressureUSD Remains King; GBP Destroyed To understand the magnitude of the sell off yesterday here are some facts: ● The Nasdaq suffers its largest one day percentage drop since June 11, 2020 ● The DOW suffered its largest one day percentage drop [...]
The 2022 Queen’s Awards Winner May 6, 2022 | Sponsored 232 businesses representing every part of the United Kingdom and a range of sectors have been recognised by Her Majesty The Queen as among the best in the country. Awards have been won in the categories of International Trade (141 winners), Innovation (51), Sustainable Development (31) and Promoting Opportunity (9). Small Business Minister Paul Scully [...]
Nibbling away at making us snack more healthily May 6, 2022 | Sponsored The most successful businesses, sports teams and organisations always try to improve from a position of strength. That’s the case with unique small business Healthy Nibbles, the UK’s first healthy snacks vending company founded by Sara Roberts in Edinburgh in 2013 which began trading two years later. Healthy Nibbles has had a meteoric rise, BCorp [...]
Connecting communities and keeping the customer satisfied May 6, 2022 | Sponsored When it comes to keeping the customer satisfied, Retail FSL has got it down to a tee. Afterall in part it owes its very existence to customer encouragement. The company’s founder Andrew Martin left the demanding world of corporate life where he’d had senior roles, including leading G4S operations in UK and Ireland, for a [...]