Although Russia came third from the top and the UK third from the bottom in the recent Eurovision song contest, the two countries are more of a match in the arena of corporation tax, as they offer the lowest effective tax rates amongst the world’s top economies.
Innovate UK, the Government’s agency for innovation, has announced the winners of its IC Tomorrow Future of Retail Innovation competition, having chosen one winner for each competition category.
Education Secretary Nicky Morgan has confirmed that the definition of “underperforming councils” – which will be forced to convert all their schools to academies – will be laid out in a formal consultation.
The recent battle for the role of London Mayor, won by Labour’s Sadiq Khan, was played out against a backdrop of soaring bills for ‘bricks and mortar’ businesses in the capital, with London newspaper, the Evening Standard, calling for an urgent reform of the business rates system.
A recent survey has found that more than half of the UK’s small businesses are concerned about the current economic climate, with almost 40 per cent believing that their business faces more risk now than a year ago.
Disadvantaged pupils gain when struggling primary schools convert to academies, an analysis of test results in England suggests.
Estate agents maintain that people rushing to buy second properties before the new 3 per cent stamp duty came in at the beginning of this tax year means that sales will slow considerably in the second quarter.
Prime Minister David Cameron has confirmed that the legislation which will lay the ground for all schools in England to convert to academies will feature in the Queen’s Speech.
According to recent research, tax relief regimes play a huge part in persuading investors to put their money into small, high-risk businesses and without them, many such concerns that received money in the past few years would not have received a penny.
Business Secretary Sajid Javid has announced that the Government is to launch a consultation into whether employment rules preventing employees from starting up their own business after leaving a job are “stifling British entrepreneurship”.