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Business news

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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

Tax relief for loss-making firms should go 'further'

23 Apr 09

Once profitable businesses that are now suffering losses as a result of the recession were offered some relief in the Chancellor’s Budget.

Budget 2009: business reaction – more needed to be done

22 Apr 09

The general consensus among the business community is that, while the 2009 Budget contained some useful measures, it did not do enough to tackle the problems facing both the economy and individual firms.

Budget 2009: business support – credit backing for businesses

22 Apr 09

Responding to concerns that smaller firms are struggling with problems of credit risk, the government is setting up a trade credit insurance scheme.

Budget 2009: business tax – help for loss-making firms

22 Apr 09

The Chancellor has extended a scheme aimed at helping loss-making firms ease their cashflow worries by enabling them to reclaim taxes paid on profits during the last three years.

Budget 2009: personal tax – 50 per cent top rate on income tax

22 Apr 09

Future tax rises were always likely to be on the agenda as the Chancellor seeks to reassure the international money markets that he has plans laid to reduce the UK’s huge borrowing deficit.