Business development

Firms say jobs still under pressure

Jobs continue to be at risk during the economic downturn, with a significant proportion of employers contemplating redundancies over the next six months.

Conditions improve for smaller manufacturers

Trading conditions may not be quite as gloomy for UK manufacturers than they were three months ago, according to the latest CBI survey.

Easier rates payment scheme could be hit by admin problems

A scheme aimed at helping firms pay their business rates may face delays because of problems in implementing it.

Small firms will need help to thrive after the recession

The government has been called on to provide SMEs with help once the economy emerges from the downturn.

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.

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