Chinese marketplaces are rapidly gaining traction in the UK and challenging traditional retail giants, with 60% of Brits making purchases from at least one in the past year, according to…

The post Concerns raised for small retailers as Brits make a massive shift to cheap Chinese shopping sites appeared first on London Business News | Londonlovesbusiness.com.

The Bank of England’s Prudential Regulation Authority (PRA) has announced a package of proposals as part of the Basel 3.1 implementation process. The SME Supporting Factor, which allowed banks to…

The post Bank of England’s PRA recognises small firms’ importance to economic growth appeared first on London Business News | Londonlovesbusiness.com.

The Health Secretary has been asked a very grim question on Thursday over the axing of the winter fuel payment, “how many will die?” Wes Streeting told Susanna Reid on…

The post Labour asked ‘how many will die’ over winter fuel payment cuts appeared first on London Business News | Londonlovesbusiness.com.

Fever-tree has announced its half-year results and revenue was flat at constant currency, with the US up 10% but the UK seeing a 6% sales decline. Profit margins bounced back…

The post Poor weather causes Fever-tree sales to go flat appeared first on London Business News | Londonlovesbusiness.com.

The Prime Minister has been warned that impact of the means tested winter fuel payments could end up killing “3,850” pensioners this coming winter. The Tory leaders told Sir Keir…

The post Starmer warned axing winter fuel payments could kill ‘3,850’ vulnerable pensioners appeared first on London Business News | Londonlovesbusiness.com.

New Age UK analysis reveals 2.5 million older people on low incomes are set to lose their Winter Fuel Payment as a result of the Government’s means-testing decision and will…

The post A higher number than estimated set to lose their Winter Fuel Payment and will struggle without it appeared first on London Business News | Londonlovesbusiness.com.

UK consumers have some of the worst trust levels in banks and financial providers when it comes to keeping their data safe, significantly lower than in Europe and the US.…

The post UK trust in banks trails Europe and the US, with concerns over safety of financial information appeared first on London Business News | Londonlovesbusiness.com.

The boss of the discount supermarket Aldi has said he is “optimistic” there will be more prices falling by Christmas as inflationary pressures are now easing. The German supermarket chain…

The post Aldi boss ‘optimistic’ there will be more prices falling by Christmas appeared first on London Business News | Londonlovesbusiness.com.

Something that new entrepreneur needs to understand as soon as possible is the fact that the business landscape is fast-paced, is always changing, and is constantly evolving, that’s why in…

The post Optimise management with high-performance barcode readers appeared first on London Business News | Londonlovesbusiness.com.

Aldi has reported a surge in sales and profits and as such have revealed plans to spend £800 million in an expansion programme across the UK. Aldi are to open…

The post Aldi reveals plans for £800 million expansion across UK appeared first on London Business News | Londonlovesbusiness.com.