London Business Daily: FinanceThe City, banking, insurance, asset management and financial services in London.https://www.londonbusinessdaily.co.uk/en-gbTue, 10 Nov 2026 17:20:10 GMTeditor@londonbusinessdaily.co.uk (London Business Daily)editor@londonbusinessdaily.co.uk (London Business Daily)Copyright 2026 London Business Daily60https://www.londonbusinessdaily.co.uk/images/londonbusinessdaily-logo.pngLondon Business Daily: Financehttps://www.londonbusinessdaily.co.uk/London diesel prices: 32.2p a litre separates the cheapest forecourt and the dearest motorway serviceshttps://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-11-09/https://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-11-09/Official Fuel Finder figures to 9 November 2026 put diesel at 189.7p a litre at the cheapest forecourt open to all drivers in London and 221.9p at the dearest, against a London average of 199.0p and a UK average of 197.1p.Tue, 10 Nov 2026 17:20:10 GMTSam AllcockFinanceLondon company insolvencies rise 11% to 470 in Octoberhttps://www.londonbusinessdaily.co.uk/london-company-insolvencies-rise-11-percent-to-470-in-october/https://www.londonbusinessdaily.co.uk/london-company-insolvencies-rise-11-percent-to-470-in-october/Gazette notices show 470 administrations, creditors' voluntary liquidations and compulsory liquidations in London in October 2026, up 11% from 424 in September 2026.Thu, 05 Nov 2026 12:40:22 GMTSam AllcockFinancePetrofac Engineering Limited takes 242 days to pay suppliers, the slowest of 2,085 large companies registered in Londonhttps://www.londonbusinessdaily.co.uk/london-companies-payment-times-to-suppliers-2026-11-03/https://www.londonbusinessdaily.co.uk/london-companies-payment-times-to-suppliers-2026-11-03/Large companies with a registered office in London took a median of 27 days to pay their suppliers in their latest statutory reports, against 31 days across all 6,220 UK companies reporting. Of the 2,085, 120 averaged more than 60 days.Wed, 04 Nov 2026 08:00:22 GMTSam AllcockFinanceLondon diesel prices: 37.0p a litre separates the cheapest forecourt and the dearest motorway serviceshttps://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-11-02/https://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-11-02/Official Fuel Finder figures to 2 November 2026 put diesel at 185.9p a litre at the cheapest forecourt open to all drivers in London and 222.9p at the dearest, against a London average of 199.8p and a UK average of 198.7p.Tue, 03 Nov 2026 14:00:40 GMTSam AllcockFinancePayCaptain says average wage advance rose 10 per cent in 2026https://www.londonbusinessdaily.co.uk/paycaptain-says-average-wage-advance-rose-10-per-cent-in-2026/https://www.londonbusinessdaily.co.uk/paycaptain-says-average-wage-advance-rose-10-per-cent-in-2026/The London payroll platform's data puts the average advance at £130 in September, up from £119 in January, with most users who took emergency cash working in leisure.Tue, 27 Oct 2026 14:10:59 GMTSam AllcockFinanceLondon-based Monzo Business reaches one million business customers, six years after launchhttps://www.londonbusinessdaily.co.uk/london-based-monzo-business-reaches-one-million-customers/https://www.londonbusinessdaily.co.uk/london-based-monzo-business-reaches-one-million-customers/The digital bank, registered at Broadwalk House in London, announced the milestone on 28 July 2026 and says one in six UK businesses now bank with it.Tue, 27 Oct 2026 12:09:52 GMTSam AllcockFinance59% of London small businesses are confident of growth, Monzo Business survey finds, behind the South East, Scotland and East Midlandshttps://www.londonbusinessdaily.co.uk/london-smes-59-percent-confident-of-growth-monzo-business-survey/https://www.londonbusinessdaily.co.uk/london-smes-59-percent-confident-of-growth-monzo-business-survey/Regional figures from the Monzo Business Money Moves Report, released in the week of 26 October 2026, put London fourth for growth confidence, while 26% of London firms cite financial admin as a source of stress.Tue, 27 Oct 2026 12:09:49 GMTSam AllcockFinanceLondon diesel prices: 33.2p a litre separates the cheapest forecourt and the dearest motorway serviceshttps://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-10-22/https://www.londonbusinessdaily.co.uk/london-diesel-and-petrol-prices-for-business-2026-10-22/Official Fuel Finder figures to 22 October 2026 put diesel at 189.7p a litre at the cheapest forecourt open to all drivers in London and 222.9p at the dearest, against a London average of 200.3p and a UK average of 198.8p.Tue, 27 Oct 2026 07:56:00 GMTSam AllcockFinanceLondon businesses used 22,716 GWh of electricity in 2024 as Britain's smallest firms pay a record 38.36p a unithttps://www.londonbusinessdaily.co.uk/london-business-electricity-use-2024-and-q2-2026-prices/https://www.londonbusinessdaily.co.uk/london-business-electricity-use-2024-and-q2-2026-prices/Business electricity use across London's 33 council areas was 17.5% lower than in 2012, while the smallest firms nationally paid 38.36p per kWh in Q2 2026.Tue, 27 Oct 2026 07:51:00 GMTSam AllcockFinanceLondon has the largest regional benefits bill at £24.2bn, TaxPayers' Alliance analysis findshttps://www.londonbusinessdaily.co.uk/london-has-largest-regional-benefits-bill-at-24-2bn/https://www.londonbusinessdaily.co.uk/london-has-largest-regional-benefits-bill-at-24-2bn/The campaign group's Welfare Map puts Tottenham's bill for six benefits at £624.9m in the 12 months to March 2026, the highest of 575 constituencies in England and Wales.Tue, 27 Oct 2026 07:41:00 GMTSam AllcockFinance