Business development

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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Recession tax relief measures could 'discriminate' against some businesses

Unincorporated businesses could miss out on a tax relief scheme introduced by the Chancellor in the pre-Budget Report.

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Recession to rule out compulsory equal pay reviews

The government is to be advised not to push ahead with the planned introduction of compulsory equal pay reviews in the forthcoming Equalities Bill.

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Businesses unaware of government loan scheme

Nine out of ten businesses do not realise that their banks offer access to the government’s Enterprise Finance Guarantee scheme, a new survey has revealed.

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Deflation reduces small business costs

The cost of operating a small firm has dropped as deflation replaces inflation during the deepening of the economic downturn.

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Smaller businesses experience increase in late payments

Small firms have seen a rise of 40 per cent in late payments, adding to the woes of the economic downturn.

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Chancellor urged to delay date set for VAT increase

The British Retail Consortium (BRC) has said that the planned date for the restoration of the old rate of VAT will come at the worst possible time for businesses.

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Wages in decline and job vacancies falling sharply

Job vacancies are falling at a record rate, a new report has found.

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Business recovery plan launched by BCC

The British Chambers of Commerce (BCC) has published its strategy for helping businesses recover from the recession.

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Wage subsidies could help employers save 'thousands of jobs'

The government is being urged to set up a wage subsidy scheme in order to help hard-pressed employers weather the economic downturn.

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