Financial Secretary to the Treasury, David Gauke, has told European ministers that the UK Government is opposed to EU plans to introduce common tax rules across the bloc and is insisting on tax competition.
New research has found that there has been a strong improvement in the confidence of small businesses, suggesting the sector will grow this year, with the poll showing a “robust” improvement in optimism in the past three months.
New research has found that start-ups and small firms are performing at different rates across the UK and that London, even though its economy is growing faster than anywhere else in the country, is not necessarily the place where they have the most success.
The Independent Academies Association (IAA) has gone into liquidation, citing changes in the academies’ landscape as one of the causes.
The British Retail Consortium (BRC) maintains that more than 80,000 shops across the UK could close within two years without a major overhaul of business rates, as thousands of retail premises may not be able to afford to renew their leases in 2017.
StartUp Britain is launching its 2015 nationwide tour bus later this month from Canary Wharf, with plans to visit 25 locations across the country and engage with 15,000 established and aspiring entrepreneurs. The tour also aims to boost the number of businesses started this year to a record 600,000.
The high wages of academy bosses have been defended after it was revealed the salary of the highest paid academy chain leader has soared to £370,000.
The UK and Europe have been at odds on business taxes over the past few weeks, with the European Court of Justice (ECJ) ruling recently that ‘green’ tax breaks are illegal and the UK discovering that they pay the highest air taxes of any bloc member to fly to mainland Europe.
The Digital Masters awards held in London earlier this month saw a number of UK-headquartered businesses pick up a great deal of awards, with prizes going to people working in everything from finance and development to business intelligence.
Up to 1,000 failing schools will be turned into academies under a new education bill published in Parliament.