Current Affairs

Chancellor urged to scrap 50p tax rate

Business leaders have written to the Chancellor urging him to scrap the 50p higher tax rate to attract entrepreneurs to the UK and boost confidence.

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Business insolvencies reflect wider economic trends

Recent company insolvency figures are reflecting wider economic trends.

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We are still in recession say consumers

The UK is still in a recession, according to 86 per cent of consumers.

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Small firms must prepare now for winter weather

Small businesses are being urged to prepare now for winter weather, as the unseasonably mild conditions across the UK look set to end later this month.

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Debt buckles budgets of the over 70s

More than 400,000 people aged 70 or over are struggling to make ends meet as debts get on top of them, debt charity Consumer Credit Counselling Service (CCCS) has revealed.

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Late payments to small firms hit record highs

Small and medium-sized businesses are owed £33.6 billion in late payments - a record high - according to Bacs.

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Global economy on the verge of a deeper jobs recession

The global economy is on the verge of a new and deeper jobs recession according to the International Labour Organization (ILO).

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Small businesses hit by 'spiralling' inflation

Small businesses are being hit hard by 'spiralling' inflation; research from the Forum of Private Business (FPB) has shown.

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Retailers pin hopes on Christmas as inflation buoys sales

The value of retail sales has increased by 5.4 per cent year on year, buoyed by high inflation.

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Late payment data highlights need to watch debtors

UK businesses were a day later paying their debts in the three months to September, compared to the quarter before.

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