The recovery of the UK economy could be put at risk as increasing numbers of small and medium-sized businesses are not applying for external forms of business finance in order to run and grow their business.
Net in vestment in the UK economy has remained steady at around £17billion for the past three quarters
Public sector borrowing, the Office for National Statistics yesterday revealed, declined both year-on-year and compared to the previous month.
The persistently high consumer prices inflation that has plagued the UK’s economy for the past three years is due to a number of external shocks and not due to the Bank of England’s lax fiscal policy.
Proposals to ‘ring fence’ retail and investment arms of major banks were yesterday given the seal of approval by Chancellor George Osborne
17 grants, totalling some £2m a year, are being awarded to voluntary and community sector organisations across the UK by HM Revenue & Customs.
Consumer prices inflation has remained unchanged this month in the face of fluctuating prices from the 4.5% figure revealed by the Office for National Statistics last April
The taxman will soon target private tutors, e-traders and tradesmen- groups perceived to pay too little tax, HM Revenue and Customs have announced.
5 jail sentences and more than £8.3 million issued in fines are some of the deterrents issues by financial regulators, the Financial Services Authority (FSA), outlined in their 2010/11 highlights
The UK’s lasting pattern of above target inflation risks being ingrained in the economy, making it a near permanent feature, the bank of England have revealed in their latest quarterly bulletin