George Osborne has been warned by the International Monetary Fund that he risks further damaging the economy unless the pace of austerity slows and he faces up to the country’s “growth challenge”.
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
“Fewer than half” of apprentices are under 25
Charity Barnardo’s has lambasted the Government over new apprenticeship figures, which show fewer than half of the on-the-job training schemes in the past year have gone to young people – at a time of high youth unemployment.
‘Rights for shares’ swap will aid economy and jobs, say entrepreneurs
George Osborne’s ‘rights for shares’ plan will bring new businesses to Britain, some of the country’s most successful entrepreneurs argue today.
Angela Merkel blamed for collapse of £28bn BAE-EADS merger
Sources say German chancellor was key factor in decision to terminate talks
Auto-enrolment open to mis-selling, pension experts warn
The recently launched landmark policy of pension auto-enrolment may be a bad idea for some workers, pensions experts have warned.
Companies face bribery crackdown after new SFO rules
UK companies face a crackdown on the prosecution of bribery after the Serious Fraud Office scrapped guidance designed to reassure them about its approach to the law.
Bibby ‘tried to put us into administration’, firm claims
The owners of a small printing business have accused Bibby Financial Services of unnecessarily trying to put them into administration.
Osborne plan for tax-free shares faces Brussels fight
George Osborne unveiled a plan for an employee-owners scheme that was welcomed with open arms by business leaders despite concerns it could meet opposition from Brussels.
UK economy is out of double-dip recession, says NIESR
The UK has pulled out of its double-dip recession at a rapid growth rate of 0.8pc, says respected forecaster NIESR, but it warns that progress will be slower without one-off boosts.
Boosting manufacturing is a ‘sterile’ idea, says David Cameron’s adviser Lord Young
Vince Cable’s manufacturing strategy will create very few jobs, Prime Minster David Cameron’s enterprise adviser has warned.
Business leaders urge Osborne to target growth
Chancellor George Osborne will today address the Tory Party conference amid calls from business leaders to focus on boosting growth and increasing dissatisfaction over his handling of the economy.
Spain does not need a bailout!
Spain’s economy minister Luis de Guindos has denied that his country needs a bailout
Steve Jobs: nurturing the legacy of Silicon Valley’s Leonardo
Steve Jobs, who died a year ago today, laid the foundations for Apple’s stellar year but the real test is yet to come.
Small firm fears over mis-selling compensation
Many businessmen have become disillusioned with a rate swap mis-selling compensation scheme they say is overly complex, too slow and lacking the independence crucial to win their trust.
‘Name & shame’ threat to banks over loan failures
Business Minister Michael Fallon has threatened to “name and shame” banks if they do not make more loans to small businesses through the Enterprise Finance Guarantee, a Government scheme designed to boost the supply of credit.
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