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Budget 2011: Corporation tax cut by 2% from next month
The Chancellor George Osborne has said that it is determined to support the private sector and has announced plans to cut and simplify taxes and is looking to merge income tax and national insurance to reduce costs for firms. Corporation tax, which w... News | 23 Mar 2011
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Budget 2011: Weak Q4 and price rises hit growth forecasts
The government has outlined plans to reform the economy to encourage growth arguing that it has already taken the measures to provide economic stability. Chancellor George Osborne used his second Budget to talk up the positive after using the emergen... News | 23 Mar 2011
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Banks need to simplify lending process to ease credit flow
With the budget just five days away the Chancellor has been called on to do more to ease small business lending to free up credit and access to funds for struggling SMEs. The government has already made moves, in the shape of Project Merlin, to try ... News | 18 Mar 2011
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Government urged to tackle credit and late payments in Budget
The government has been urged to tackle some of the main issues having a damaging effect on small firms including late payments and credit. With the Budget just a few weeks away the Forum of Private Business has become the latest to nset oput what i... News | 08 Mar 2011
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CBI calls for Budget support for mid-market firms
Those hoping that the Budget in a couple of weeks will benefit those SMEs trying to grow this year have been given some positive indications from the Chancellor. Speaking over the weekend at a Conservative Party conference in Cardiff George Osborne ... News | 07 Mar 2011
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IT insolvencies drop but caution remains
The number of IT firms hitting the wall dropped slightly in January as the number of insolvencies across UK PLC dropped. The latest figures from Experian indicated that 37 IT firms failed at the start of this year but that was down slightly on the s... News | 04 Mar 2011
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Tech Data Q4 numbers lifted by "healthy" IT market
Distribution behemoth Tech Data beat analysts' expectations in Q4 to post double digit sales gains in spite of a currency headwind. The world's second largest wholesaler warned, however that the seasonal sequential decline will be more marked due to... News | 02 Mar 2011
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Business groups give Chancellor Budget wish list
The budget might still be a month away but the wish list is already being put together as different sectors of the economy voice their concerns that the fragile recovery requires more government support. The Chancellor George Osborne is due to deliv... News | 28 Feb 2011
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Northamber accounts are back in the black
Northamber has returned to profit in first half of fiscal 2011 according to an interim management statement (IMS) but Chairman David Phillips voiced a cautious outlook that speaks of the parlous state of the UK economy. The distributor made an opera... News | 22 Feb 2011
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SME group calls for changes in tax law to sustain growth
If the government could tackle the complex tax system and help ease fuel and utility costs smaller firms would have a better chance of growing their businesses. That summary of the current hurdles faced by SMEs has been made by the Forum of Private ... News | 17 Feb 2011