Business Regulation

Business red tape cuts come into force

Businesses will benefit from dozens of cuts to regulations which came into force this week, including a simplification of the ways firms can use assets to raise finance, the Government has said.

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Northern Ireland's 5p plastic bag charge comes into force

Retailers in Northern Ireland will now be required to charge customers at least five pence for each new single-use carrier bag under new regulations which come into force on 8 April.

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Large rise in number of zero-hour contracts

The number of workers on contracts with no guarantee of regular hours or pay doubled to 200,000 during the last six months of 2012, figures from the Office for National Statistics (ONS) show.

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FSA replaced by new financial regulators

The Financial Services Authority (FSA) has been replaced by two new regulatory bodies, which will aim to monitor financial institutions and better protect consumers.

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Budget 2013: announcements for businesses

A new allowance for employers' National Insurance contributions and an accelerated reduction in corporation tax to 20 per cent from April 2015 were some of the key announcements for businesses in Chancellor George Osborne's Budget 2013.

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Half of business red-tape to be cut

Half of the 115 regulations affecting the day-to-day running of UK businesses are to be removed, according to initial findings from the Government's Company and Commercial Law Red Tape Challenge.

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Tighter rules needed for Prompt Payment Code, says business group

The Forum of Private Business (FPB) has called for changes to the Prompt Payment Code (PPC) after learning that large companies with payment times as long as 90 days are planning to sign up.

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Scottish business groups comment on rates relief scheme

Business groups have been responding to the Scottish Government's announcement to introduce a business rates relief of up to 100 per cent on empty properties from April this year.

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Employees welcome auto-enrolment but businesses remain unprepared

Most individuals welcome the Government's drive to automatically enrol eligible employees into a qualifying pension scheme, however many employers are unprepared for their responsibilities, research from the National Employment Savings Trust (NEST) has found.

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New measures proposed to tackle anti-competitive behaviour

Small businesses and consumers could benefit from a fast-track process when taking legal action against businesses that compete unfairly, under new measures proposed by competition minister Jo Swinson.

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