Business development

Too soon to judge business rates support scheme

A scheme designed to help businesses cope with increases in business rates may need more time to have an effect.

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Call for more competition among banks

Banks need to return to their normal lending criteria in 2010, a leading business group has said, and there should be more competition among business loan providers.

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Government scheme secures £500 million in business loans

Over 5,000 firms have secured loans worth more £580 million under the government’s Enterprise Finance Guarantee scheme.

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VAT rate change 'creates' consumer rush

The post-Christmas surge in shopper activity should not be mistaken for a return to consumer confidence, a research group has warned.

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A 'difficult' year ahead for employment

Employment conditions are expected to remain difficult throughout 2010 as businesses continue to struggle with weak demand.

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New pension plans should be adapted for temporary workers

The new government-backed compulsory pension programme, due to come into effect in 2012, needs to take more account of temporary workers, it has been claimed.

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Too few business leases allow monthly payments

Only one in eight leases give businesses the opportunity to pay on a monthly rather than a quarterly basis, a leading retail group has claimed.

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Apprenticeships see fall in numbers

The government’s strategy of using apprenticeships to tackle unemployment among the young may be encountering difficulties.

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Small business fund may be hit by banks' reluctance to get involved

A £1 billion scheme aimed at helping smaller firms gain access to growth finance could be hampered by the unwillingness of investment banks to join up.

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Widespread pay sacrifices 'save' jobs

It has been estimated that a half of UK employees have made some form of pay sacrifice during the recession in an effort to preserve jobs.

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