Managing costs

Proposed employment laws will add to business costs

A range of new employment laws that are due to be introduced over the next few years could cost UK businesses as much as £22.87 billion, the British Chambers of Commerce (BCC) has claimed.

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Insuring your business

Adequate insurance is fundamentally important for a business. And in many cases, it is actually a legal obligation.

What follows is a brief guide to the types of insurance a business must have and the types of insurance it might consider desirable.

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VAT

Value added tax is one of the most complex and onerous tax regimes imposed on business - so complex that many businesses inadvertently overpay or underpay VAT.

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Prospect of rise in energy costs for business

Businesses have been warned that they could see a steep rise in energy costs over the coming years.

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Small firms hit by rising prices

Small firms have experienced the sharpest quarterly hike in costs for five years, according to a new report.

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Pay rises remain under pressure

Firms are beginning to hire again as they recover from the recession, but above-inflation pay rises are still a rarity, a new survey has revealed.

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Business tax breaks needed to fund skills investment

The economic recovery could be undermined if insufficient investment is made in boosting the skills of UK workforces.

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Recession takes its toll of training budgets

The economic downturn has had a significant impact on the funds invested by businesses in training.

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