Large Firms To Help Small Ones Affected By Floods
A new initiative is gathering pledges from large firms to help the growing number of flood-affected small businesses recover from the worst of the storm crisis.Continue reading
Property Market Soaring
According to figures out today (February 14), house sales volumes hit their highest level in seven years in January and are only a whisker above the average seen in the boom years between 2000 and 2007.Continue reading
Bank Governor Unveils New Phase Of Forward Guidance
Bank of England Governor Mark Carney has updated his forward guidance policy to include a wider range of indicators for raising interest rates rather than just the rate of unemployment. Continue reading
Taxman Fines Hundreds Of Thousands For Failure To File
Hundreds of thousands of people who failed to submit their tax return online before midnight on January 31 will receive automatic fines from HM Revenue & Customs (HMRC).Continue reading
UK Economy Experiencing “Right Kind Of Growth”
Business investment will return this year as the “right kind of growth” takes hold, according to the latest forecast from the CBI, which represents some 240,000 businesses.Continue reading
Business Optimism Highest For 22 Years
According to a recent survey, business optimism reached its highest level for 22 years in January, indicating that business owners believe the economy to be firmly back on track.Continue reading
Getting The Money By Another Means
According to recent research, small firms are suffering cash-flow difficulties as the Government shifts from taxing businesses through VAT instead of corporation tax. Continue reading
UK Tax System Not Fair To Higher Earners
Too great a tax reliance is being placed on the richest people in the UK, a leading think thank has found, warning that forcing the UK’s highest earners to foot a greater share of the country’s tax bill is putting the Government’s long-term finances at risk. Continue reading
Service Sector Growth Slows But Economy Is Picking Up Speed
Growth in the UK’s service sector, which accounts for more than 75 per cent of GDP, slowed unexpectedly in January but activity is still strong and the indications are that the economy is picking up speed for the first quarter of 2014.Continue reading
Taxman Tightens The Screws
New figures suggest that HM Revenue & Customs (HMRC) is stepping up its efforts to increase its tax take from businesses and individuals, with the 2013 haul being £19.5bn more than the year before.Continue reading
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