Business news

The Treasury has announced another reduction in the bonus rates for the Save As You Earn (SAYE) sharesave scheme.

The imposition of a cap on the number of defaults could be affecting the success and availability of a government loan guarantee scheme set up to help small businesses.

It has been predicted that savers could soon be seeing much improved rates of interest.

Almost £2.3 billion were withdrawn from savings accounts in January, new figures have shown.

Changes intended to simplify corporate tax for smaller companies will have the opposite effect and will add to the burden of tax compliance, the Institute of Chartered Accountants of Scotland (ICAS) has argued.

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