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Final plea from retailers for rates relief

The skies are darkening for small businesses across the UK in anticipation of George Osborne’s Autumn statement next week, which will either make or break the aspirations of many business owners clinging to the hope of rate reform.   Continue reading

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UK designated Europe’s most entrepreneurial country

The UK has acquired the title of Europe’s most entrepreneurial country.  It is the first time that the UK has laid hand to the accolade, after jumping five places globally to reach the fourth position worldwide.Continue reading

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Auto-enrolment rules need simplifying, MPs told

Business leaders have told the most recent Work and Pensions Select Committee meeting that auto-enrolment is going well, but it has been hindered by too much paperwork.Continue reading

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Manufacturing growth pushes on despite gloomy global outlook

The output of manufacturing SMEs grew during the three months to December, despite the recent doom and gloom concerning the global economy. Continue reading

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SME owners’ extra hours fuel £22bn economy boost

Small business owners working overtime contribute up to £22bn a year to the UK’s economy, according to a new study.Continue reading

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More businesses launched in the UK’s poorest areas

The number of new businesses being launched in the UK’s poorest areas has surpassed the national average, according to new research. Continue reading

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Business rates outpace council tax and fuel duty rises

Estimates by the Office of Budget Responsibility (OBR) have shown that the amount generated through business rates will surpass tax and fuel duty in the 2015/2016 year. Continue reading

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Labour Party announces 100 per cent fines for tax avoidance

The labour party has said that it will introduce tougher penalties for tax avoidance if it is elected at the next general election – including fines totalling as much as 100 per cent of the amount avoided.Continue reading

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Bank of England figures signal end of economic squeeze

Official figures from the Bank of England have shown salaries rose more than prices in the month of September; the first time average earnings have risen above CPI inflation since the start of the recession. Continue reading

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More local authorities are spending with SMEs

The government currently spends around £187 million on goods and services from SMEs each year, but this figure could be set to rise as Whitehall has set a new 25 per cent target for public sector spending on SMEs next year.Continue reading

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