The economy

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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Manufacturing output accelerates

Manufacturing output in the UK surged ahead at its fastest rate for 15 years last month, new figures have indicated.

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Recession over, official figures declare

The UK economy has finally emerged from one of its deepest economic downturns.

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Economy facing weak recovery

The UK economy is showing signs of recovery but progress is still weak, a new survey has revealed.

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