Business news

Mergers between big financial high street institutions and government measures aimed at stimulating lending amongst the larger banks in the aftermath of the credit crunch are having the effect of suffocating competition and limiting the choices of finance open to small firms, it has been claimed.

The government has insisted that there is no need to up the state pension retirement age beyond the increase to 68 planned for 2044.

Jobs continue to be at risk during the economic downturn, with a significant proportion of employers contemplating redundancies over the next six months.

Owners underestimate the amount of time it requires to sell their businesses, it has been claimed.

Criminals are making fraudulent claims for refunds in a new scam aimed at online self-assessment tax returns.

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