The UK is creating too few high-growth companies, which are key to productivity, because of “barriers” holding back ambitious entrepreneurs, according to a respected think tank.
News that Michael Gove has been replaced by Nicky Morgan as Education Secretary may have caused a major furore in the world of academia but it is unlikely that the change will have any impact on academies and free schools in the short term.
The Government’s aggressive cuts to corporation tax are costing more than £5bn a year, requiring funding from elsewhere in the Budget at a time of spending cuts, which is the wrong strategy to follow, according to critics.
Search engine Google is launching a $100m (£58m) London-based venture capital fund to invest in promising technology companies across Europe because it believes that the area’s start-up scheme has “enormous potential”.
The Education Funding Agency (EFA) has published a new online form and accompanying guide for academies to use to submit their budget forecast returns, which are due by the end of this month [July].
In an historic move, MPs from London and many of England’s largest cities have united to call for greater financial freedoms enabling local politicians to have more tax-raising powers, including for stamp duty and business rates.
Santander is launching a £58m fund to back entrepreneurs with innovations in areas including online lending and personal finance in an effort to improve the lender’s technology.
The Education Funding Agency (EFA) has opened its online applications for the second phase of the Priority School Building Programme (PSBP2) and is looking for expressions of interest from academy schools.
According to recent research, one in five entrepreneurs have thought up their business idea whilst on holiday, with an average time period of six months between thinking up the concept and starting the business proper.
Academies should note that the closing date for submissions of their March accounts return is tomorrow, June 27, and that multi-academy trusts need to complete a consolidation return for qualifying academies for that period.