Business development

Businesses paying back deferred taxes

Businesses that delayed settling their tax bills under a scheme introduced by the government to help those struggling in the economic downturn are paying back the much of the money owed.

Banks get warning on small business lending

The UK’s major banks could be faced with a competition enquiry if they do not step up the level of lending to SMEs and reduce its cost.

Minister urges smaller businesses to enquire about government loans

SMEs that are struggling to secure finance from the banks should look at the possibility of using the government’s loans scheme.

VAT rise still looks set for end of December

Treasury plans to increase the rate of VAT to 17.5 per cent at the end of the year appear certain to go ahead.

Small business internships would help graduate employment

The government has been urged to create 5,000 graduate internships in smaller businesses as a way of combating rising unemployment among those leaving university.

'Inconsistent' lending policies hampering small business borrowing

Small firms are failing to secure finance because banks are not being consistent in their lending policies.

New tax measures could harm business

Increases in business and personal tax pose a risk to the health of the UK economy, a survey has suggested.

Government asks for views on business rates relief scheme

A consultation has been launched on a £2 billion relief scheme aimed at helping businesses cope with rises in their rates bills.

Design can help businesses survive the recession

A better and more informed use of design could be vital in helping UK firms both to come through the recession and to thrive when the economy picks up.

Worst of recession over but recovery will be tough

The economy may be emerging from the depths of the recession but firms will still encounter difficulties on the road to recovery, the British Chambers of Commerce (BCC) has said.

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