Radical changes to the tax regime for medium-sized businesses are being studied by the Treasury following calls for an overhaul from consultants and a number of leading companies and advisers in the sector.
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
Pub industry adjudicator plans put forward
The government has announced plans for an independent adjudicator in the pub industry to help struggling landlords.
Climate change, debt and inequality ‘threaten financial stability’
Ahead of Davos 2013, World Economic Forum calls on policymakers to step up efforts to tackle three biggest dangers
Government ‘going to war’ over £37bn late payments to small companies
The government has given all businesses in the FTSE 350 one month to sign up to new rules on paying their suppliers promptly or face being “named and shamed”.
Discount retailers grab record share of Christmas food market
Discount retailers such as Aldi have grabbed a record share of the Christmas food market in the UK after attracting cash-strapped consumers, according to industry data.
Samsung estimates record profits on smartphone sales
Samsung Electronics has said it expects to make a record profit for the quarter to the end of December, powered by growing sales of its smartphones.
Triple-dip recession fears rejected by British Chambers of Commerce report
BCC quarterly report shows economy improving in final quarter of 2012 and predicts modest growth over next two years
Online sales surge at Christmas to stabilise struggling retailers
A surge in online sales helped to stabilise retailers during the festive period despite the uncertain economic outlook weighing on consumer spending during the vital festive period, according to closely-watched data.
Tax ‘nightmare’ for parents after child benefit reforms
Up to 850,000 parents will be plunged into the “costly administrative nightmare” of filling out their own tax returns, after missing a deadline to declare they will no longer qualify for child benefit.
Swiss bank Wegelin to close after guilty plea
Wegelin & Co, the oldest Swiss private bank, said on Thursday it would shut its doors permanently after more than 2 1/2 centuries, following its guilty plea to charges of helping wealthy Americans evade taxes through secret accounts.
Google cleared of search results bias after FTC investigation
After two-year investigation, US regulators force internet giant to agree to change how it presents some search results but exonerated over bias
Sweet Mandarin sisters secure sauce deal with Sainsbury’s and Selfridges
They shot to fame thanks to Gordon Ramsay and Dragons’ Den. Now the twin sisters who run the Sweet Mandarin restaurant have secured a major deal with Sainsbury’s to sell their sauces.
University is not the only option for gifted school leavers
There are many alternative, and often cheaper, routes into work for school leavers who don’t have a degree – just ask the 20-year-old IT entrepreneur with 27 GCSEs.
Banks must be split, says leading think tank
Major banks should be forced to split their retail and investment arms to end the era of extortionate fees and big bonuses, according to a think tank.
UK manufacturing jumps to 15-month high
UK factory activity jumped unexpectedly in December to grow at its fastest pace since September 2011, raising the chance that the economy eked out growth at the end of 2012.
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