Tag: Economy

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Private Schools at Risk of Collapse Amid Chancellor’s VAT Raid: Labour Prepares for Worst...

Title: Private Schools Face Closure Threat as Chancellor Imposes VAT: Labour Braces for ImpactThe Chancellor's recent announcement in the Autumn Budget has sent shockwaves...
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2025 Gold Outlook: Safe Haven Status in Focus – London Business News

Gold Outlook for 2025: Safe Haven Status in FocusGold is currently experiencing a mix of movements in the market, with support coming from the...
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US Consumer Confidence Reaches Record Highs in 2023 – London Business News

U.S. consumer confidence has reached a record high, according to the Conference Board. In November, it reached 111.7, the highest level since 2023. This...
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The Business Distress Index: UK Business Health Check – London Business News

The Business Distress Index for Q3 2024 (July to September) from Real Business Rescue, corporate insolvency and business rescue specialists, reveals that London has...
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London Business News: Christmas Sales Slump in October – What It Means for Retailers

The latest data from the Office for National Statistics (ONS) reveals that retail sales, both in stores and online, experienced a decline in October....
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Pound Faces Downward Pressure as Economic Growth Declines in London – London Business News

The British pound is currently facing downward pressure, especially against the U.S. dollar, which is having a strong week. The Federal Reserve's cautious approach...
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Gold Prices Continue to Drop as Rate Cut Expectations Diminish in 2022

Gold prices took a sharp dive today, hitting their lowest point since mid-September at nearly $2,540 per ounce. This marks the sixth consecutive day...
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Gold prices decline as bond yields increase, prompting market reassessment of monetary policy direction...

Gold prices have been on a downward trend for the past five days, hitting their lowest point since early September. This decline is being...
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Black Friday Weekend Spending Expected to Reach £9.14 Billion as Shoppers Prepare for Christmas

This Black Friday weekend, UK consumers are expected to spend a whopping £9.14 billion as they gear up for their Christmas shopping. According to...
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Yen Weakens Amid BoJ Uncertainty and US Dollar Strength – London Business News

The Yen has weakened due to uncertainty surrounding the Bank of Japan and the strength of the US Dollar. This news comes amidst various...
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Impact of Labour’s Budget on Sainsbury’s: £140M Cost & Higher Inflation

Sainsbury's, a popular supermarket chain, recently announced that they are expecting to incur £140 million in costs as a result of the Autumn Budget....
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Dollar weakens due to election risks and Fed rate decision – London Business News

The dollar has weakened recently due to concerns about the upcoming U.S. election and an important decision from the Federal Reserve. Many investors are...
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Boost in Consumer Confidence Amid Decrease in Inflation

Consumer confidence is on the rise as inflation rates decrease, bringing positive news in the financial sector. The two Mobeus VCTs have managed to...