Campaigners and retailers have called on the Government to urgently review the business rates system, after it emerged that businesses were accumulatively overcharged around £2.1bn over the past five years.
According to a recent survey, post-recession start-ups are the biggest threat to small and medium-sized enterprises (SMEs), with the number of new businesses in the UK reaching a five-year peak this year.
Recent research suggests that UK firms intend to hire new staff at the fastest rate for 16 years, with forecasts for the next three months, particularly for organisations in the dominant services sector, at their highest level since 1998.
The Government has made a U-turn on its plans to make it harder for firms to challenge their business rates bill after a number of business lobbying groups opposed the policy.
Prime Minister David Cameron hosted the first ever tech start-up pitch at 10 Downing Street last week, entertaining 10 high-growth tech firms, venture capitalists and angel investors in what was called “Pitch 10”.
The new Education Secretary, Nicky Morgan, has pledged to strengthen regulations to prevent unsuitable people from running academies and free schools following the publication of a report on the so-called ‘Trojan horse’ scandal, which found evidence for the instigation of a hard line extremist Islamic ethos in a number of schools in Birmingham.
With the consultation on the Direct Recovery of Debts (DRD) powers for HM Revenue & Customs (HMRC) closing yesterday (29 July), financial and legal bodies and business lobby groups have warned that the powers are wrong in principle.
According to a recent study, the number of small and medium-sized enterprises (SMEs) operating in the Internet of Things (IoT) sector is growing, with many believing that the UK start-up community could become a global leader in the IoT landscape.
Although research conducted earlier this month (July) found that 80 per cent of MPs in the UK believe the business rates system is “not fit for purpose”, the British Retail Consortium (BRC), which has been campaigning for a fairer tax system for businesses for many years, has shelved its proposals for alternatives, admitting it is…Details
As calls come from business groups for European leaders to make economic growth their “top priority” and make funds available to small and medium-sized enterprises (SMEs), a new entrant has announced that is to start lending to small businesses.