According to recent research, the UK is consolidating its position as a hub for international entrepreneurs, with more than 170,000 non-UK nationals having registered businesses at Companies House in 2015, a 160 per cent increase since 2010.
Struggling schools that have been ordered to become academies are having major difficulties finding sponsors, a report reveals.
Business taxes are in the news this week, with the launch of HMRC’s Making Tax Digital process and the lobby of businesses, from convenience stores to vending machine operators, joining forces to urge the Government to rethink its proposed tax on the soft drinks industry.
Facebook has launched a social media tool to allow new businesses to broadcast their message to the “largest audience in the world” by allowing them to live stream from the phone straight to their Facebook audience.
The Department for Education (DfE) has given its wholly-owned subsidiary £2 billion to deliver 500 new schools by 2020.
The Taxpayers’ Alliance (TPA) is urging Chancellor Philip Hammond to halve stamp duty, saying that “punitive” property taxes, including stamp duty, council tax and business rates are a “massive burden” on all parts of the UK and not just in London and the South East, as often thought.
Only academy trusts with positive Ofsted reports and published performance measured on progress and attainment, reflecting their improvements over time, will be eligible to expand, the Government has said.
According to a recent survey, many firms are worried about the forthcoming revaluation of business rates, which are due to be announced in October and will come into force from April 2017.
According to recent research, only 14 per cent of owner-managed businesses believe that the reforms to business rates will help to make their firm more competitive.
New figures from the Office for National Statistics (ONS) have revealed that there are over 4.6 million freelancers and self-employed people in the UK, making up 15 per cent of the workforce.