Government Announcements

The government should adopt a radical approach to reversing the rising tide of red tape that the manufacturers’ organisation, the EEF, says is hampering business growth and investment.

The CBI has urged the government to continue with the planned schedule for introducing workplace pension reforms that will see all employees automatically enrolled in a retirement scheme.

The European Commission has revised upwards its predictions for economic growth in the EU, but has suggested that the UK’s recovery may be hampered by the decision to increase VAT.

Employers are being reminded that new national minimum wage rates will be coming into force in October.

Each year, the government introduces regulatory changes affecting businesses on two common commencement dates. These dates are 6 April and 1 October. There are a number of changes that will be implemented on 1 October 2010.

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