Government Initiatives

Hopes that credit insurance scheme will boost cashflow

The government has introduced its trade credit insurance scheme in the hope that it will ease cashflow problems for firms.

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Tax relief for loss-making firms should go 'further'

Once profitable businesses that are now suffering losses as a result of the recession were offered some relief in the Chancellor’s Budget.

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Government announces strategic business plan

The government has set out plans for extra investment in the UK’s business and industrial future.

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Small firms must have fairer chance sooner to win public contracts

The Chancellor should bring forward plans designed to help more small businesses win government contracts in the Budget, the Forum of Private Business (FPB) has said.

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Small business lending needs greater 'scrutiny'

The government has been urged to clarify the levels of lending that banks are making to small businesses.

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VAT cut has 'boosted' spending

Last December’s reduction in VAT from 17.5 per cent to 15 per cent has had a measurable effect on consumer spending, a think tank has claimed.

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Business rates rise to be staggered over three years

Businesses have been given a reprieve from the 5 per cent rates rise due this month.

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Government announces simplified business support service

Businesses will find it easier and quicker to gain access to government support schemes under a new simplified system.

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Quantitative easing: how it may or may not help beat the recession

With interest rates approaching zero and little sign that making money cheaper is having any effect on the economy, the Bank of England has decided to make it more abundant as well.

Policy makers at the Bank have turned to a mechanism for adding money to the system: quantitative easing.

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Government says business lending scheme is working

The government’s Enterprise Finance Guarantee scheme has processed more than 1,300 eligible loans worth almost £145 million, Peter Mandelson the Business Secretary has said.

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