A number of business groups and trade associations have responded to a discussion paper on the business rates review published by HM Treasury in March and have asked interested parties in their sectors to respond to the consultation.
According to the Confederation of British Industry (CBI) the speed at which the UK economy is growing is increasing, with business activity across all sectors showing a marked increase in the three months to May.
It has been suggested this week that France and Germany are planning to push forward plans for a minimum corporation tax rate across Europe, which some fear would result in higher taxes on British firms.
More schools in England are to be taken out of local council control and given new leadership as academies, under powers to be outlined in the Queen’s Speech.
40 entrepreneurs are being offered the opportunity to become global enterprises by forging business connections with China. However, they will have to be quick, as they only have until Friday May 29 to submit their applications.
The Bank of England has announced this week that its Monetary Policy Committee (MPC) has voted to keep interest rates at their historic low of 0.5%, where they have now been for more than six years.
The booming tech start-up industry has largely welcomed the Conservative party’s victory at last week’s General Election but concerns remain over broadband speeds, business taxes and technology in the school curriculum.
An increasing number of academies are considering joining forces to maximise their resources, and multi-academy trusts (MATs) have been created as a result of this growing trend.
According to motoring organisation the AA, motorists are losing out to the tune of almost £40m a year because of the new car disc system, which the AA claims has become a ‘double taxation’ because of the way the new rules work. However, the Driver and Vehicle Licensing Agency (DVLA) has disputed the figure.
Education has been a popular topic of debate among the main political parties in the run-up to the next general election (to be held on Thursday 7th May), with the future of academies featuring heavily in party manifestos.