The economy

Weak pound offers boost to the economy

Sterling’s weakness has provided UK firms with a timely boost, new figures have suggested.

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Small firms in export surge

Smaller businesses are enjoying an export-led boost, new figures have indicated.

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Business must be at 'centre' of recovery

The new government must make business central to its economic plans, the British Chambers of Commerce (BCC) has argued.

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Income tax 'needs to climb'

The UK may have to increase the basic rate of income tax by 6p in the pound, a leading think-tank has warned.

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Think-tank warns on tax rises and spending cuts

A leading think-tank has argued that none of the three main political parties has ventured far enough in identifying the sort of spending cuts and tax rises that may be necessary to reduce the UK’s budget deficit.

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Business tax breaks needed to fund skills investment

The economic recovery could be undermined if insufficient investment is made in boosting the skills of UK workforces.

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Possible VAT rise predicted

A new government may have to give serious consideration to an increase in VAT, it has been forecast.

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Latest UK economic growth lower than expected

The UK’s economy expanded by 0.2 per cent in the first quarter of the year.

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Small firms not yet in a position to create new jobs

Smaller businesses are beginning to recover from the economic downturn but aren’t yet strong enough to take on new members of staff in substantial numbers.

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Inflation reappears on the Bank of England’s radar

The Bank of England’s rate-setting Monetary Policy Committee is growingly increasingly concerned about a possible resurgence in inflation.

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