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2 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
Britain’s late-night licenced premises have held steady in the last 12 months, the latest Night Time Economy Market Monitor reveals, but stability is now under severe threat from a wave of extra operating costs.
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2 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
Confidence at London-based firms improved in May after April’s dip, as fears around tariffs subsided. The headline London Business Activity Index – a seasonally adjusted index that measures the month-on-month change in the combined output of the region’s manufacturing and service sectors – fell from 49.7 in April to 49.5 in May, indicating a mild contraction in output levels for the second consecutive month.
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2 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
The UK continues to be Europe’s most attractive location for foreign direct investment (FDI) into financial services, according to EY’s latest Attractiveness Survey for Financial Services, despite total project numbers across Europe falling 11% year-on-year (from 329 projects in 2023 to 293 projects in 2024).
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3 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
Transformative measures to enhance the pension system and boost retirement outcomes were welcomed by The Pensions Regulator (TPR) as a “once in a generation” opportunity. TPR said the Pension Schemes Bill would introduce significant improvements for savers in both defined contribution (DC) and defined benefit (DB) schemes. Nausicaa Delfas, Chief Executive of TPR, said: “The Pension Schemes Bill is a once in a generation opportunity to address unfinished business in the UK pension system.
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3 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
New data from Virgin Media O2 Business’ Movers Index reveals ‘sweet treat’ spending at work is on the rise. As Brits return to the office en masse, office workers are shelling out an estimated £57 million per week on chocolate. Despite 82% of people adjusting their spending habits at the start of this year, largely due to rising costs, office perks and in-person work culture are contributing to an uptick in spending.
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3 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
A former US official who served under George H.W Bush presidency has said that the government is preparing for a mass “extinction event” and are building an underground city. Catherine Austin Fitts who served as the US Secretary of Housing and Urban Development between 1989 and 1990 told the Tucker Carlson Show last month about the claim. She said that between 1997 and 2015 $21 trillion “of un-documentable adjustments in the US government” was made, Ladible reported.
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3 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
The Water Minister Emma Hardy has warned that the UK is facing “water rationing” unless new reservoirs are built. Over the next ten years households and businesses could face “water rationing like we have in the Mediterranean” if Prime Minister fails to have new reservoirs built. The government has announced they will have new reservoirs built as it is “nationally significant,” the Environment Secretary Steve Reed said.
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3 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
The Reform UK leader Nigel Farage is launching his new “Doge” unit at their first council to put an end to taxpayers money being wasted. Reform UK has said for “far too long” taxpayers’ money has been wasted whilst “potholes remain unfixed” and local services are being axed.
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3 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
In the week it was revealed that Labour ‘will look at’ scrapping the two-child benefit cap, Opinium’s latest poll reveals that over two in five (44%) UK voters support the cap. This includes 2024 Labour voters (42% support the cap, while 26% oppose it). While Nigel Farage announced his opposition to the policy, his voters are remarkably supportive of the two-child benefit cap (59% support vs 14% oppose).
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4 weeks ago | 
londonlovesbusiness.com | James Green |Sarah Dunsby |Letitia Randell |Robert Lane
The Met Office has said a plume of “warm” weather from France and Spain will trigger thunderstorms in parts of the UK following warm weather. Temperatures will soar to 25C as a “Spanish plume” will head towards the UK, whilst Spain will be hit with 40C of heat on Friday and Saturday. The Met Office said, “A low-pressure system is expected to move across Northern Ireland and northern Scotland.
