The economy

Employers looking to freeze pay

Over a half of employers are planning to keep wages on hold during the next round of pay talks, a new survey has indicated.

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Business lending sees record drop

Many firms are still experiencing the effects of the credit crunch, with business lending suffering its biggest drop in nine years.

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Businesses asked for their views on access to finance

The government wants to hear from SMEs about the difficulties they are facing when it comes to securing growth capital.

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Small businesses less expensive to run

The cost of running a small business has fallen for the second successive quarter.

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Recession could be ending

The UK economy may at last be emerging from the recession, a leading think tank has suggested.

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Business lending still in a trough

Lending to both large and small firms remains weak, the Bank of England has said.

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More and more firms are keeping wages on hold

One in three of the businesses included in a recent survey froze their wages in April.

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UK may be out of the depths of recession

The British economy may have seen the worst of the recession, according to a report from the Organisation for Economic Co-operation and Development (OECD).

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Fall in job vacancies beginning to slow

The rate of decline in the numbers of new job appointments and vacancies has slowed down, according to a new report.

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Large tax increases 'needed' to redress public finance deficit

Taxes may have to rise by significant amounts if the UK’s public finances are to return to balance in the timescale outlined by the Chancellor, a think tank has claimed.

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