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Thought-provoking London business news & culture. We dig deep into the issues that really matter to London’s business community. Read more.
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News
Dollar holds near multi-month lows - London Business News | Londonlovesbusiness.com
2+ day, 20+ hour ago (384+ words) The US dollar remained under pressure on Thursday, holding near multi-month lows as market participants awaited the US producer price index later in the session. The release could shape expectations ahead of Friday’s consumer inflation data, with an upside surprise…...
Digital Cyprus is rising and investors are taking notice - London Business News
3+ day, 21+ hour ago (444+ words) At the centre of this evolution are companies like Velment, helping global investors match opportunity with action. In recent years, Cyprus has taken decisive steps to diversify its economy. The government’s focus on technology, innovation and digital services is already…...
UK retailers pledge 100,000 placements for young people out of work - London Business News | Londonlovesbusiness.com
4+ day, 15+ hour ago (413+ words) More than 40 major retailers, including John Lewis, Marks & Spencer, Pets at Home and Asda, are teaming up with the Department for Work and Pensions to offer up to 100,000 short-term work placements to 18- to 24-year-olds not in employment, education or training....
The yen’s surge should force a portfolio review for all investors
4+ day, 14+ hour ago (827+ words) The yen is closing in on its strongest level this year, a move that demands every global investor revisit their portfolio given how far-reaching the impact of this currency swing could be, warns the CEO of financial advisory giant deVere…...
Night-time economy warns Healey against further tax rises after growth speech - London Business News | Londonlovesbusiness.com
4+ day, 22+ hour ago (665+ words) Britain’s night-time economy has welcomed Chancellor John Healey’s emphasis on growth and wealth creation but warned that further tax increases could accelerate business closures across an already struggling sector. The intervention follows Mr Healey’s first major economic speech, in which…...
Burnham accused of ‘sacrificing British jobs’ as Jaguar Land Rover axes 4,000 roles - London Business News | Londonlovesbusiness.com
5+ day, 19+ hour ago (1098+ words) Andy Burnham has been accused of “sacrificing British jobs” after Jaguar Land Rover announced plans to axe around 4,000 positions, with the majority of the cuts expected to hit its UK operations. The jobs bloodbath will pile further pressure on the…...
US dollar steady near recent lows - London Business News
5+ day, 20+ hour ago (390+ words) The US dollar was relatively stable on Monday, with trading thinned by a US public holiday, while market participants prepare for a pivotal week ahead. The greenback held close to recent lows despite last week’s firmer-than-expected labour market figures, which…...
Burnham warned ‘Britain is taxing itself into death’ as Budget fears soar - London Business News | Londonlovesbusiness.com
5+ day, 22+ hour ago (1073+ words) Britain risks deepening its economic malaise by raising taxes again, a former adviser to three US presidents has warned, as pressure mounts on Andy Burnham and Chancellor John Healey ahead of next month’s Budget. Arthur Laffer, the influential American economist…...
Chancellor warns autumn Budget may be tougher as Iran war drives inflation and borrowing costs - London Business News | Londonlovesbusiness.com
1+ week, 17+ hour ago (832+ words) Chancellor John Healey has warned that his first Budget could involve difficult decisions as the economic consequences of Donald Trump’s war with Iran feed through into inflation, growth and government borrowing costs. The warning comes after a sharp rise in…...
Reform pledges more than £100bn of spending cuts in first 100 days in power - London Business News | Londonlovesbusiness.com
1+ week, 2+ day ago (777+ words) Reform UK has pledged to cut more than £100bn from public spending within its first 100 days in government, as the party sharpened its attack on former chancellor Rachel Reeves and set out an aggressive programme of welfare and departmental cuts. Robert…...