Business development

Late payment a problem, VAT cut of little help, say businesses

A new survey has revealed that for many firms delays in invoice settlement are on the increase, while the reduction of the VAT rate has not been effective in tackling the downturn in business.

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Skills funding described as 'untenable'

Government plans for funding workplace skills programmes need urgent clarification, a leading business organisation has said.

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Managing a business during a recession

Managing a business can be challenging at the best of times. Here are some tips on how to make it through the worst.

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Businesses should 'persist' in chasing funding

Businesses are being advised not to take refusals of help with funding from banks as the final word on the matter.

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Europe should suspend introducing new employment regulations

Ahead of the forthcoming European elections, the British Chambers of Commerce (BCC) has called on the European Commission to place a moratorium on all new employment laws.

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Late payment culture a ‘barrier’ to economic recovery

Problems with late payments and unilateral changes to payment terms and conditions have been described by a business group as one of the main barriers to a return to economic growth.

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Caps to be imposed on training funding

The amount of government money that goes into funding apprenticeships and training schemes is to be limited following the unprecedented level of take-up among employers.

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Capital allowances will 'benefit relatively few' firms

The increase in capital allowances announced in the Budget is unlikely to help large numbers of smaller firms, according to two trade and business organisations.

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Change back to old VAT rate should be 'delayed'

The government should consider switching the date on which the standard rate of VAT moves from 15 per cent to its former level of 17.5 per cent.

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