The economy

General Election 2010: business reaction

The prospect of a hung Parliament has prompted concerns among some in the business community that the political uncertainty may hinder the economic recovery.

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General Election 2010: a hung Parliament

With no party capable of commanding an overall majority in the House of Commons, here is a brief recapitulation of what each of the main parties has promised on business, tax and the economy.

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Recruitment remains strong

Both permanent and temporary staff appointments rose during April, a new report has revealed.

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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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