Amy Johnson LLB Finance Reporter, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/amyjohnson/ Business News Thu, 23 Jan 2025 12:19:41 +0000 en-GB hourly 1 https://londonlovesbusiness.com/wp-content/uploads/2020/07/LLB-favicon.jpg Amy Johnson LLB Finance Reporter, Author at London Business News | Londonlovesbusiness.com https://londonlovesbusiness.com/author/amyjohnson/ 32 32 Reeves Budget sees manufacturers ‘confidence evaporate’ and will cut back ‘investment and hiring’ https://londonlovesbusiness.com/reeves-budget-sees-manufacturers-confidence-evaporate-and-will-cut-back-investment-and-hiring/ Thu, 23 Jan 2025 11:28:21 +0000 https://londonlovesbusiness.com/?p=189250

Sentiment across the manufacturing sector fell at the fastest pace in over two years in January, according to the Confederation of British Industry’s (CBI) latest quarterly Industrial Trends Survey. Manufacturing…

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Chancellor delivered a blow as the UK is bottom of the list of growth amongst major economies https://londonlovesbusiness.com/chancellor-delivered-a-blow-as-the-uk-is-bottom-of-the-list-of-growth-amongst-major-economies/ Thu, 23 Jan 2025 09:54:03 +0000 https://londonlovesbusiness.com/?p=189208

According to a new analysis by iwoca, one of Europe’s largest SME lenders, reveals that among major economies, SMEs believe that the UK offers the least support for businesses and…

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Three ways a banker might invest a £100,000 bonus https://londonlovesbusiness.com/three-ways-a-banker-might-invest-a-100000-bonus/ Thu, 23 Jan 2025 08:54:55 +0000 https://londonlovesbusiness.com/?p=189217

Last week saw the big US banks announce bumper profits. Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo announced a total of $142 billion of…

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Sir Martin Sorrell warns business leaders confidence in the Chancellor has ‘deteriorated quite seriously’ https://londonlovesbusiness.com/sir-martin-sorrell-warns-business-leaders-confidence-in-the-chancellor-has-deteriorated-quite-seriously/ Wed, 22 Jan 2025 16:19:08 +0000 https://londonlovesbusiness.com/?p=189196

The Chancellor is under fire yet again and has been warned by a billionaire hedge fund tycoon that the UK is on track for a “debt death spiral.” Government borrowing…

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Wetherspoons reports solid trading but mounting cost pressures https://londonlovesbusiness.com/wetherspoons-reports-solid-trading-but-mounting-cost-pressures/ Wed, 22 Jan 2025 10:21:42 +0000 https://londonlovesbusiness.com/?p=189136

JD Wetherspoon has announced a trading update on Wednesday with like-for-like sales rose by 5.1% in the 25 weeks to 19 January 2025. Like-for-like sales in the second quarter were…

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Inheritance Tax raises £6.3 billion in nine months https://londonlovesbusiness.com/inheritance-tax-raises-6-3-billion-in-nine-months/ Wed, 22 Jan 2025 10:17:46 +0000 https://londonlovesbusiness.com/?p=189134

HM Revenue and Customs (HMRC) has released its monthly figures this morning which show that inheritance tax receipts hit £6.3 billion in the nine months from April to December 2024. This…

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Two thirds of British entrepreneurs think Trump will be ‘good for business’ https://londonlovesbusiness.com/two-thirds-of-british-entrepreneurs-think-trump-will-be-good-for-business/ Tue, 21 Jan 2025 13:27:14 +0000 https://londonlovesbusiness.com/?p=189050

Two thirds of British entrepreneurs believe Donald Trump’s US presidency will be good for their business, according to a poll by founders’ network Helm. Polling its 400 members, some 66…

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Volkswagen warns Trump against ‘harmful’ tariffs https://londonlovesbusiness.com/volkswagen-warns-trump-against-harmful-tariffs/ Tue, 21 Jan 2025 10:57:21 +0000 https://londonlovesbusiness.com/?p=189023

On Tuesday Volkswagen has warned President Donald Trump against “harmful economic impact” of tariffs he is proposing on imports from Mexico. Mexico is where Volkswagen operates a major factory and…

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Businesses is England set to pay additional £1.1bn in business tax this year, but the ‘worse is yet to come’ https://londonlovesbusiness.com/businesses-is-england-set-to-pay-additional-1-1bn-in-business-tax-this-year-but-the-worse-is-yet-to-come/ Tue, 21 Jan 2025 10:29:09 +0000 https://londonlovesbusiness.com/?p=189016

The latest research from The Global Payroll Association (GPA) reveals that England’s businesses are forecast to pay an additional £1.1 billion in business rates by the end of this financial year,…

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UK economy to grow by 1.6% this year, IMF https://londonlovesbusiness.com/uk-economy-to-grow-by-1-6-this-year-imf/ Mon, 20 Jan 2025 12:19:01 +0000 https://londonlovesbusiness.com/?p=188931

The International Monetary Fund has said on Monday that the UK’s economy is set to grow by 1.6% this year which is up by 0.1% from predictions in October. The…

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