The economy

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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Consumer confidence on the up

Consumers are more optimistic about the future than at any stage in the past two years.

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Business alliance urges scrapping of NIC rise

A coalition of the UK’s leading business groups has set up an internet petition calling for the planned 1 per cent increase in employers’ National Insurance Contributions to be dropped.

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UK economy grew quicker than previously estimated

The UK’s economy expanded by 0.3 per cent during the final quarter of 2009.

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New job creation could be squeezed by spare capacity

New jobs may be at a premium during the early stages of the recovery as the
majority of firms are still running below capacity.

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Reform the tax regime to help businesses grow

A significant number of firms believe that the UK’s business tax regime has hindered their efforts to recruit more staff, a new survey has claimed.

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Small firms need alternative sources of finance

Sources of funding, other than those provided by the banks, may be the solution to the squeeze on credit affecting many small firms, a leading business group has argued.

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More tax rises and spending cuts needed to repair UK finances

Greater efforts will be required to reduce public borrowing than those promised by measures set out in the pre-Budget Report, a leading think tank has argued.

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