Business Owners Confident About Growth
A new report shows that 75 per cent of businesses have seen growth in the last three years, with over a third saying that they are offering new products and services.Continue reading
Manufacturing Grows Faster Than Expected
New figures show that UK manufacturing grew faster than expected in February, driven by a strengthening domestic market, an increase in new product launches and investment in new machinery. Added to this, employment in the sector expanded at its fastest pace in almost three years over the month.Continue reading
Budget Must Help Growing SMEs
The Confederation of British Industry (CBI) has called on the Chancellor, George Osborne, to support growing small and medium-sized enterprises (SMEs) ahead of the Budget later this month. Continue reading
House Price Rise At Four-Year High
House prices rose by 0.6 per cent in February, a 9.4 per cent increase year-on-year, taking the annual rate of growth to the highest level in almost four years.Continue reading
Minimum Wage Pay Rise Proposal
The independent Low Pay Commission (LPC) has recommended that the national minimum wage (NMW) be increased from £6.31 to £6.50 an hour for adults, a rise of 3 per cent.Continue reading
International Festival For Business
At the 100-day countdown to the start of the International Festival for Business 2014 (IFB2014) being held in Liverpool for 50 days from June 5, CBI Director-General John Cridland said that the festival was part of a “national mission” to double the UK’s exports to £1trn by 2020.Continue reading
Stamp Duty Needs To Be Reformed
With news from the British Bankers’ Association (BBA) today (February 25) that property sales are likely to continue rising, the Royal Institution of Chartered Surveyors (Rics) is calling stamp duty “an unfair tax that distorts the property market”.Continue reading
Taxman Cracking Down
HM Revenue & Customs (HMRC) is cracking down on people who are not paying their fair share of tax with an advertising campaign targeting people who have been trying to hide money by putting it into offshore accounts.Continue reading
Flood-Stricken SMEs To Get Help
Coinciding with the announcement that the UK has experienced the wettest winter since records began, Prime Minister David Cameron has announced that at least £40m will be allocated to small businesses, farmers and residents who have been victims of the recent devastating flooding. Continue reading
Jobless Total Falls
The number of people unemployed in the UK fell by 125,000 to 2.34 million in the three months to December 2013, according to the Office for National Statistics (ONS). Continue reading
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