Government Initiatives

Bank lending falls by £300m in Q1

Net lending by banks under the Government's Funding for Lending Scheme fell by £0.3 billion in the first quarter of the year, data from the Bank of England shows

Northern Ireland businesses urged to complete rental survey

Occupiers of up to 50,000 business premises in Northern Ireland are set to receive letters asking for their rental information as part of the Government's drive to evaluate business rates and taxes.

Universal Credit trial roll-out begins

The Government's 'radical reshaping' of the UK benefits system got underway today as Universal Credit began for jobseekers in the North-West of England.

Employers to design own apprenticeship schemes

Employers will be able to design and develop their own apprenticeship standards and qualifications, Deputy Prime Minister Nick Clegg has announced.

Urgent growth measures needed in Budget, says BCC

The need for growth measures in next month's Budget has become even more pressing since the downgrading of the UK's AAA credit rating by ratings agency Moody's, according to the director-general of the British Chambers of Commerce (BCC).

Tighter rules needed for Prompt Payment Code, says business group

The Forum of Private Business (FPB) has called for changes to the Prompt Payment Code (PPC) after learning that large companies with payment times as long as 90 days are planning to sign up.

Launch of business forum aims to rejuvenate high streets

High streets must adapt to new consumer demands if they are to survive, the Government has warned small businesses.

Network of mentors launched to help SMEs

A national network of 27,000 business mentors aimed at supporting start-ups and growing businesses has been launched by business minister Michael Fallon.

Are you one of 96% of businesses who dont know about RTI? It could prove costly!

More than 96% of businesses are unaware of the demands on them from the new Real Time Information (RTI) system introduced by HMRC from 5th April.

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