Start-ups on the Government-backed Tech City’s Future Fifty programme raised £470m in the first nine months of this year, 63 per cent more funding than they received over the whole of last year, with the total amount being raised by entrepreneurs on the scheme now standing at £1.1bn.
Amidst news of steel producers across the country laying off workers and closing facilities, Business Secretary Sajid Javid has hinted at tax breaks for the beleaguered industry in a bid to cut costs and prevent closures.
A new visa scheme introduced by the Government will make it easier for UK start-ups to hire workers from outside the EU who are skilled in things like artificial intelligence and machine learning.
Outstanding teaching could be rewarded with bonuses as part of the latest government effort to ensure the “best” teachers are recognised.
The final report in the Organisation for Economic Co-operation and Development’s (OECD) G20 series has concluded that companies should pay tax in the countries where they conduct business rather than where they are based.
According to the US-based Global Entrepreneurship and Development Institute (GEDI), the UK provides the strongest environment for start-ups in Europe and the fourth most successful worldwide.
Chancellor George Osborne has announced that local councils across England will be able to keep all the proceeds from businesses rates raised in their area, a move that would see £26bn diverted from central to local government.
Figures from Companies House show that the number of new businesses springing up over the past year has grown by 28 per cent, with the increase being driven by cities such as Bristol and Birmingham rather than London.
The latest edition of the Academies Financial Handbook (AFH) has now been released and carries some important changes to be aware of.
Thousands of small and medium-sized enterprises (SMEs) in the UK are joining the campaign against recent changes to the taxation of UK dividends, which come into effect next April.