Business news

Firms could be facing a huge tax bill on their car parking spaces if a new levy goes ahead, it has been claimed.

HM Revenue and Customs (HMRC) has published a draft of a taxpayers’ charter and is inviting the views of the public and businesses on it.

The Bank of England’s decision to lower interest rates to a new historic low of 1 per cent has been met with a mixed reaction from the business community.

Small firms are being urged to tender for public sector contracts and to make use of a government website that advertises projects suitable for smaller enterprises.

A leading business group has argued that greater numbers of small firms should look at the benefits that taking on apprentices may have to offer.

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