The economy

Budget 2010: the economy

A significant focus of the Budget centred on the state of the UK economy, caught, as it is, between a massive government deficit and a still hesitant business recovery.

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Increasing VAT could 'hit' the recovery

Pushing up the rate of VAT in order to tackle the budget deficit could have a detrimental impact on the economic recovery, a new study has claimed.

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Recovery predicted to be slow

The UK’s economic recovery will be “sluggish” this year and may not gain real momentum until the middle of 2011, the CBI has forecast.

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Cold weather puts freeze on business

The business climate for smaller firms suffered as a result of the extremely cold winter, a new report has suggested.

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Firms look to marketing to drive business

Increasing numbers of smaller businesses are boosting their sales and marketing efforts in order to speed recovery in the aftermath of the recession, a new study has found.

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Reform regulations and business tax to help 'balance' the economy

The government has been called on to adopt a new approach in order successfully to rebuild and rebalance the UK economy.

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Plan to balance public finances must be 'convincing'

The government needs to set out clear plans for reducing the budget deficit sooner rather than later, the CBI has argued.

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Recovery to be fragile and slower than expected

The British Chambers of Commerce (BCC) has revised its forecast for the UK’s economic recovery, saying that the rate of growth will be slower in 2011 than had been anticipated.

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