Government Announcements

The UK’s new top rate tax of 50 per cent will remain for the foreseeable future, the Business Secretary, Vince Cable has said.

The Federation of Small Businesses (FSB) has urged the government to take action to introduce more competition into the banking system.

HM Revenue and Customs (HMRC) has created a questionnaire allowing firms, particularly smaller businesses, to share their views on changes to customs laws.

The amount of uncollected tax rose in the last financial year.

The government must ensure that the spending cuts to be announced in the forthcoming comprehensive spending review do not put the brakes on economic growth, the CBI has argued.

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