Financing business

Reform the tax system, urges review

The government should consider a broad reform of the UK tax system, including an extension of the number to goods on which VAT is charged, a think tank has argued.

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Drop in time-to-pay agreements

There has been a decline in the numbers of agreements made between HM Revenue and Customs (HMRC) and firms under the Business Payment Support Service scheme.

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Comprehensive Spending Review: effect on business support

Given that the Department of Business is facing annual cuts in its budget of 7.1 per cent, broad business support has inevitably been diminished.

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Comprehensive Spending Review: low carbon economy

As promised, the government is to create a Green Investment Bank in an effort to boost the UK’s low carbon economy.

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Banks to set up small business fund

The UK’s six largest banks have put forward their plans for boosting the funding of smaller businesses.

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Business loans harder to secure

Securing a loan has become more difficult for over a third of UK firms in the last year.

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Give local banks freedom to lend, says business group

Too many firms are being denied credit even though they have full order books, and local banks should be given greater discretion when it comes to lending decisions, the Forum of Private Business (FPB) has argued.

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