Crowdfunding platform Crowdfunder UK has joined forces with online marketplace ‘notonthehighstreet’ to launch a search for the UK’s future food and drink innovators, offering a competition to provide them with the opportunity to raise funds to get their ventures off the ground.
Education Secretary Nicky Morgan has insisted that there is no chance of a u-turn over proposals to convert every school in England into an academy.
A new study has found that tax policies introduced between now and last year have made the UK a more attractive location for businesses, with the country closing the gap with Ireland, long seen as the most competitive tax regime in Europe.
According to recent research, the vast majority of teenagers in the UK are not interested in starting their own business, preferring to work for a well-established company, with the main reason being that they perceive starting a business as “risky”.
A new funding formula could mean a major boost to the finances of schools in more rural areas, but institutions elsewhere may find they lose out.
The Department for Education may have to spend more than £20million to clarify how many academy sites belong to the Government.
Business groups have almost universally welcomed Chancellor George Osborne’s Budget, with one describing it as a “stable Budget for business facing stormy waters” and another hailing the reform of the rates system.
Some of the new tax measures announced in last week’s Budget will be a boost to start-ups and entrepreneurs, in particular the steep cut in Capital Gains Tax (CGT) from 28 per cent to 20 per cent and the extension of Entrepreneurs’ Relief.
The Chancellor has outlined plans for all schools in England to become academies.
According to a recent report on the tech and health start-up sectors, almost 60 per cent of UK start-ups are aiming for acquisition as their long-term goal, while 17 per cent said that their ambition is to successfully complete an initial public offering (IPO).