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 USD/JPY pair saw a significant decline below the 141.00 level early Friday, nearing its lowest point since the beginning of the year. This decline follows a two-month downward trend,…

The post USD/JPY approaches annual lows amid a weak dollar appeared first on London Business News | Londonlovesbusiness.com.

The European Central Bank (ECB) has once again taken center stage in financial markets with a new cut in its benchmark interest rates, lowering them to 3.5%. This decision comes…

The post The impact of economic decisions on the cryptocurreny market appeared first on London Business News | Londonlovesbusiness.com.

Digest – Thursday saw the ECB cut 25bp as expected, while stocks rallied, and gold surged to a fresh ATH, as a quiet calendar awaits today to wrap up the…

The post Gold glimmers as sentiment stays solid 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.

Crude oil prices have experienced notable fluctuations in the past week, rising by approximately 1.00% in recent hours to reach $67.40 per barrel on Thursday. This increase follows gains exceeding…

The post The future of crude oil prices appeared first on London Business News | Londonlovesbusiness.com.

The Prime Minister has issued a stern warning that there is no money to give to the NHS and it will take some 10-years to fix the issues surrounding the…

The post Starmer warns the NHS will either ‘reform or die’ 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.

The ECB delivered their second rate cut of the cycle today, as had been fully expected and already discounted by financial markets, having been well-telegraphed in advance by Governing Council…

The post The ECB delivered their second rate cut as expected appeared first on London Business News | Londonlovesbusiness.com.

The Entrepreneurs Network and Sumer, the UK’s leading mid-market accountancy practice for SMEs, release the United Growth Report, exploring the challenges UK SME owners face. The report, which surveyed 610 entrepreneurs,…

The post Four in ten businesses have nearly closed in 2024 appeared first on London Business News | Londonlovesbusiness.com.