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1 month ago | 
londonlovesbusiness.com | Hassan Fawaz |Ruben Ferreira |Mark Channer |Konstantinos Chrysikos
Gold prices stabilized to some extent on Tuesday after a correction, as traders assessed geopolitical factors and evolving trade policies. In the Middle East, ongoing tensions continued to fuel safe-haven demand. Meanwhile, in Eastern Europe, hopes for a ceasefire weigh on gold. Diplomatic progress could dampen gold’s appeal while any setback in negotiations may reinforce demand for the precious metal. At the same time, trade developments remain in focus.
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1 month ago | 
londonlovesbusiness.com | Hassan Fawaz |Ruben Ferreira |Mark Channer |Sarah Dunsby
The full impact of the closure of Heathrow Airport on the UK supply chain is likely to have been underestimated, says the international delivery expert Parcelhero. It says the movement of over £5.43m of goods was disrupted by the airport’s closure on Friday. 70% of all UK cargo by value passes through Heathrow and the chaos resulting from its unexpected closure – caused by a loss of power following a fire at an electricity substation – will impact on UK cargo for days to come.
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1 month ago | 
londonlovesbusiness.com | Ruben Ferreira |Mark Channer |Hassan Fawaz |Sarah Dunsby
Turkey faces mounting economic pressure as recent political tensions send shockwaves through the nation’s financial landscape. The detention of Istanbul Mayor Ekrem İmamoğlu, a prominent opposition figure, has triggered a severe market reaction, highlighting the delicate relationship between political stability and economic health in the country. The Turkish lira has plummeted to record lows, trading near 38 against the US dollar, reflecting a significant depreciation from 32.04 a year ago.
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2 months ago | 
londonlovesbusiness.com | Ruben Ferreira |Sarah Dunsby |Robert Lane
The UK’s nightlife and hospitality sector is in critical condition as businesses brace for a perfect storm of rising costs and reduced relief. Despite a promising Golden Quarter, which offered a seasonal boost, cash reserves remain insufficient to weather the impending cost increases. The Chancellor must act urgently to reinstate VAT relief, tier business rates, and adjust National Insurance thresholds to prevent the collapse of an industry central to the UK’s economic and cultural fabric.
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2 months ago | 
londonlovesbusiness.com | Ruben Ferreira |Quasar Elizundia |Sarah Dunsby |Robert Lane
The former head of the spending watchdog has warned that the Chancellor raising employer’s national insurance contributions may well be the “straw that breaks the camel’s back” for companies.
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2 months ago | 
londonlovesbusiness.com | Ruben Ferreira |Quasar Elizundia |Sarah Dunsby |Robert Lane
Have you ever noticed how a price reduction can sometimes hint at a bigger problem? While it may seem like a great deal, a price reduction can often signal a general decline in the quality or demand for goods and services. When prices drop, it may not always be because of a sale-sometimes it’s a sign that things aren’t selling as well as expected. Want to know why this happens and what it could mean for consumers and businesses?
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2 months ago | 
londonlovesbusiness.com | Ruben Ferreira |Quasar Elizundia |Sarah Dunsby |Robert Lane
Shop Price deflation was 0.7% in January, above deflation of 1.0% in the previous month. This is slightly above the 3-month average rate of -0.8%. Non-Food remained in deflation at -1.8% in January, edging up from -2.4% in the preceding month. This is slightly above the 3-month average rate of -2.0%. Food inflation eased to 1.6% in January, down from 1.8% in the month preceding. This is below the 3-month average rate of 1.8%. The annual rate has eased considerably since the start of 2024.
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2 months ago | 
londonlovesbusiness.com | Ruben Ferreira |Quasar Elizundia |Sarah Dunsby |Robert Lane
The U.S. dollar rebounded from previous losses as market participants reacted to new tariff threats from Donald Trump targeting imported computer chips, pharmaceuticals, and steel. The tariffs aim to boost domestic manufacturing, especially in industries linked to military hardware, as part of broader efforts to strengthen U.S. industrial output. Rising concerns over China’s AI advancements, particularly through the startup DeepSeek, have added urgency to these protectionist efforts.
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Jan 16, 2025 | 
londonlovesbusiness.com | Mark Channer |George Pavel |Ruben Ferreira |Sarah Dunsby
Crude oil futures were under pressure after a strong rise in the previous session, although crude prices continue to find support due to supply concerns. U.S. sanctions on Russian oil producers and tankers have added to the uncertainty and could tighten the supply landscape. Additionally, the recent drawdown in U.S. crude oil stocks, further provides support for the market. However, news of a ceasefire in the Middle East has reduced the geopolitical risk premium, tempering price momentum.
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Dec 17, 2024 | 
londonlovesbusiness.com | Ruben Ferreira
Gold prices retreated today amid a stronger U.S. dollar and rising U.S. Treasury yields, as market participants focus on the Federal Reserve’s critical two-day meeting and its 2025 outlook. While a quarter-point interest rate cut is widely expected on Wednesday, the future path of monetary policy remains uncertain, particularly given concerns about potential inflationary pressures.
