The Office of Tax Simplification (OTS) has set out plans to produce a review of VAT – a tax which many call too complicated and an obstacle to expansion.
As was widely predicted, the Bank of England’s Monetary Policy Committee (MPC) raised the interest rate for the first time in 10 years last week, taking it to 0.5 per cent, with the Bank’s Governor, Mark Carney, hinting that further rises could be on the cards.
London Mayor Sadiq Khan has announced a new programme of investment days for start-ups in the capital in a bid to maintain the UK’s position as a European hub for fledgling tech businesses.
The British Chambers of Commerce (BCC) has added its voice to the growing petition to Chancellor Philip Hammond urging him to abandon the annual uprating of business rates for the next two years.
BT is looking for entrepreneurs and start-ups to participate in the second BT Infinity Lab competition to find ways of bringing viewers closer to the action during its sports coverage.
Ahead of Chancellor Philip Hammond’s Autumn Budget next month, a number of organisations involved in the energy sector have called on the Government to strengthen a carbon tax that has driven a dramatic collapse in coal power generation, saying that it is essential for the shift to cleaner energy.
New research has found that fintech start-ups in the UK are on track to attract a record amount of investment this year, bucking concerns that Brexit could derail the sector.
From September next year, a new postgraduate teaching apprenticeship will be offered to “top graduates” as an alternative route into the teaching profession.
According to the Centre for Entrepreneurs (CfE), a record number of companies were established in the UK last year and it looks as though the record will be broken again this year.
There is a coming revolution in retail and it is attributable to advances in technology, from augmented reality, to payment via apps or mobile phones and wireless tagging of stock.