Government Announcements

Spotlight - Government Announcements

Small Business Act becomes law

A range of measures aimed at supporting the UK's small business sector have become law as the Small Business, Enterprise and Employment Act gained royal assent.

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National minimum wage to rise to £6.70

The national minimum wage for adults will increase by 20p to £6.70 on 1 October 2015, the government has announced.

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Chancellor shakes up annuity market

Annuity holders will be able to sell their retirement income without incurring a 55% tax charge under plans announced by the Chancellor George Osborne.

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SMEs in profit at 2007 levels

The number of SMEs making a profit has returned to pre-financial crisis levels in the last 12 months, according to research by the Department for Business, Innovation and Skills.

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Record number of women in work

The proportion of women in employment has reached a record 68.2%, official figures reveal.

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Scotland tax devolution legislation published

Draft legislation that will see the devolution of tax powers to Scotland has been published by the UK government.

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Government scheme approves 25,000th business loan

The Start Up Loan Company has approved 25,000 business loans, the Department for Business, Innovation and Skills has announced.

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Northern Ireland could set corporation tax from 2017

The bill that would permit corporation tax powers to be devolved to Northern Ireland has been published by the government.

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Chancellor announces business rates reforms

The Chancellor George Osborne announced a raft of business rates reforms designed to support the growth of small businesses during his 2014 Autumn Statement.

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Autumn Statement 2014: reaction

The Chancellor George Osborne has delivered the 2014 Autumn Statement. Here is a summary of immediate reaction from the UK's leading business and industry bodies.

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