According to a recent study conducted by the Confederation of British Industry (CBI), the UK’s level of economic recovery could face barriers such as the higher costs employers will have to pay for the new national living wage.
HM Revenue & Customs (HMRC) and Companies House have streamlined two of their online services for small and medium-sized enterprises (SMEs) in a bid to make them accessible through one single account.
While London is the undeniable start-up capital of the UK, there are lots of other cities around the country where starting and growing a business is supported by excellent facilities, fast broadband speeds and access to finance.
Sixth form colleges will be able to convert to academy status and join multi-academy trusts, as part of new changes.
As forecasts suggest that more torrential rain is on its way, the Government has announced that flood-hit properties in Cumbria and Lancashire, which have endured the worst of the weather brought by Storm Desmond, are to be given tax relief.
It is hoped that changes to the stock market guidelines in the European Union will encourage start-ups to tap public markets for funds instead of using bank finance or investment from venture capital (VC) firms.
One of the world’s best-known brands is to face scrutiny over its tax affairs.
The Government has revealed its plans for a new national fair funding formula to be introduced from 2017, to ensure that the money allocated to schools is fair.
Chancellor George Osborne made a number of announcements concerning taxes on business in his Autumn Statement last week, from the creation of new enterprise zones, where small firms pay reduced taxes, to an extension to business rates relief.
UK start-ups boomed in 2014, according to the latest official figures, with some 351,000 new businesses opening their doors last year, making it a one per cent rise on 2013 and more than at any point since 2000.