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Items tagged "Economy"
Darling unveils emergency measures
VAT will be temporarily cut to 15% and £1 billion will be put into small business lending, as part of a range of emergency measures to bolster the UK economy. Releasing his pre-Budget report,...
CBI calls for action with ten-point plan
Business group the CBI has written to the prime minister, setting out a ten-point plan it believes will save businesses and jobs. The group has released its plan along with a plea to the...
VAT cut expected
A 2.5% cut in VAT is on the cards as part of a package to jump-start the economy, now widely believed to be in recession. The temporary cut, which would see VAT fall from 17.5% to 15% in a bid...
Official retail figures 'hide tough condition', says BRC
Retail sales are holding up better than it was thought, according to official statistics. Figures from the Office for National Statistics (ONS) released on Thursday showed that retail sales...
Small businesses offered faster access to credit
Small businesses are set to benefit from a direct loans service as bank lending remains sluggish. The move, which will initially see £4 million given out as loans to small businesses by...
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