Saturday, September 24, 2022

UK businesses laud energy relief, but costs still a struggle

LONDON (AP) — At Sophia Sutton-Jones' bakery in North London, the electricity bill has more than tripled since the start of the year. It now costs 5,500 pounds ($6,260) a month to power the ovens and keep the lights on at Sourdough Sophia.

"Where should I magically take 4,000 pounds per month extra that I didn't calculate for?" she said. To cope with rising costs, she's had to borrow 50,000 pounds and raise prices twice this year for her loaves, baguettes and pretzels.

Publisher: Chron
Date: 2022-09-22 06:24:46
Author: By KELVIN CHAN AP Business Writer
Twitter: @chron
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UK eases restrictions on medical marijuana: What this means for businesses - London Business News ...

When we take a look at where business is out in the UK, we see that we’re in a period of massive changes. Even sectors that have traditionally had stable performance are starting to make big changes as new opportunities pop up on the horizon.

One of the biggest shakeups heading our way is the changing regulations for medical marijuana. The UK has lagged behind some other nations when it comes to changing restrictions for legal cannabis. As things start to loosen up, we’re going to see some major opportunities for companies.

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Publisher: London Business News | Londonlovesbusiness.com
Date: 2022-09-23T09:31:28 00:00
Author: John Saunders
Twitter: @londonlovesbiz
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King Charles's Vision of Britain, Writ Small | The New Yorker

In 1988, beset by marital troubles, King Charles III, then Prince Charles, starred in a BBC documentary subtitled "A Vision of Britain." From a boat cruising down the Thames, he gestured toward the passing cityscape.

In Poundbury, there are no skyscrapers. The buildings are short and built in a mishmash of traditionalist styles: Georgian, classical, Italian villa, country cottage. There seem to be no traffic signs or road markings, and almost no public trash cans.

Publisher: The New Yorker
Date: 2022-09-24T10:00:00.000Z
Author: Cond Nast
Twitter: @NewYorker
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Little London closing permanently: 'Our journey has been worth taking the risk' - al.com

Little London Kitchen began as a double decker bus food truck that eventually expanded to a brick-and-mortar location in early 2020. The restaurant announced Sept. 23, 2022, it has closed permanently. (Birmingham Magazine)

Little London Kitchen, the Homewood pub that started as a double decker bus specializing in British comfort food and international cuisine, has closed permanently.

Publisher: al
Date: 2022-09-23T20:13:06.331Z
Author: bflanagan
Twitter: @aldotcom
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Business reaction of mini-budget slams ... Kwarteng

We have spoken to a number of UK SMEs to get their reaction to the emergency mini budget that Kwasi Kwarteng and Liz Truss hope will see Britain extricate itself from the current financial crisis engulfing the country and return to growth, many of those we have spoken to disagree:

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Publisher: Business Matters
Date: 2022-09-23T09:37:35 00:00
Author: Business Matters
Twitter: @BizMattersmag
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