Business news

The British economy may have seen the worst of the recession, according to a report from the Organisation for Economic Co-operation and Development (OECD).

Reforms to the pension system, planned for 2012, run the risk of adversely affecting the flexibility of the UK’s labour market, it has been argued.

The amount of government money that goes into funding apprenticeships and training schemes is to be limited following the unprecedented level of take-up among employers.

Regulations that will see agency workers given the same rights on pay and conditions as permanent staff have gone out to consultation.

Firms that have paid too much VAT to HM Revenue and Customs (HMRC) could be entitled to more money when claiming repayment after the decision of a High Court judge.

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