SMEs told they need to borrow more
The British Bankers Association has said that small firms need to borrow more money, before productivity levels will increase.Continue reading
Osborne confirms date for the 2015 Budget
The Chancellor has set the date for the final Budget of this Parliament.Continue reading
England could soon set its own taxes
As Scotland sees more powers devolved to its Parliament, the Conservative Party has set out its own plans for England, which could see the country granted powers to set income tax.Continue reading
Government fund to support engineering skills extended to SMEs
The Government has announced that the first £2.5m of £10m matched funding through the Government’s Employer Ownership Fund is to be made available to SMEs. Continue reading
Schemes supporting small businesses to be united under single banner
The Government has announced plans to unify disjointed programmes designed to support fast-growing businesses. Continue reading
Vacant positions costing UK businesses billions a year
New research has found that vacant positions in UK companies are costing the country’s economy an estimated £18bn a year.Continue reading
Government claims opinion on how to reform business rates is divided
Questions have already been raised about how the long-awaited reform to business rates will take place, with the Government claiming that there is a lack of consensus from business leaders. Continue reading
UK economy may be boosted by falling oil prices
The price of oil continues to plummet, with prices now hitting $66 a barrel. This drastic fall might suggest a world economy in crisis, but the drop in crude prices could have a positive impact on the UK’s economy.Continue reading
Bank of England says mortgage holders can handle a rate rise
Only 4 per cent of mortgage holders would be significantly affected if interest rates were to rise to 2.5 per cent from their current historic low, says the Bank’s annual survey of household finances. Continue reading
Flexible working could give £90bn boost to UK economy
Flexible working practices could generate up to £90bn for the UK economy, according to the Centre for Economics and Business Research (CEBR). Continue reading
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