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Level of available funding condemned by businesses

New research conducted by an independent commercial finance broker, Hilton-Baird Financial Solution, has revealed that exactly half of the UK’s businesses believe that the level of funding available is inadequate, with only 27% saying that the backing from lenders and the government is sufficient. Continue reading

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Fears of housing bubble abated as market starts to plateau

A lenders’ group has revealed that the housing market is now steadying, despite growing competition between providers on mortgage rates. Continue reading

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UK SME s urged to prepare for VAT rule change

Businesses in the electronic services, broadcasting and telecoms sectors are being told to prepare for changes to EU VAT rules, which come into effect at the start of next year.Continue reading

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ONS Says UK Continues to be a Manufacturing Nation

The manufacturing sector has provided some disappointing figures lately, suggesting a downturn in the industry impacted by poor economic growth throughout the Eurozone.  But according to the Office of National Statistics (ONS), perceptions that manufacturing may be disappearing from the UK are wide of the mark. Continue reading

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Stronger supply chains could boost UK economy by £30bn

A new report by the Confederation of British industry (CBI) has suggested that major investment in domestic supply chains could inject £30bn into the economy by 2025 – creating an additional 500,000 jobs.Continue reading

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Lending to SMEs Falls by £400m

The amount of lending given to small businesses has dropped by £400m throughout the second quarter of this year, according to the latest Trends in Lending report from the Bank of England. Continue reading

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Consumer Confidence Hits Highest Level in Three Years

According to the latest from the Deloitte Consumer Tracker, consumer confidence has hit its highest level in three years, brought on by falling prices in mainstream household items. Continue reading

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Tax gap widens

The tax gap, which is the difference between the amount of tax due and the amount collected, was 6.8 per cent of tax liabilities, or £34 billion, in 2012 to 2013, according to H.M.Revenue and Customs (HMRC).Continue reading

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Prime Minister signals support for cutting Inheritance Tax

Prime Minister David Cameron has said he supports reforming Inheritance Tax (IHT), arguing that the levy should only be paid by the richest in the land.Continue reading

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UK Businesses welcome Cameron’s latest tax proposals

Members of the British business community have welcomed the latest tax promises made by Prime Minister David Cameron ahead of next year’s election in May.Continue reading

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