Business news

21 May 12

EU trends show corporate and personal tax rates are on the up

The average standard VAT rates in the European Union's 27 countries have risen dramatically since 2008, a new report into taxation trends by the European Commission has found.

21 May 12

Think tank urges for single 30% income tax rate

A new single income tax rate of 30 per cent should replace and abolish eight different taxes, a report by a Government think tank has said.

18 May 12

Committee report sceptical of length of apprenticeships

MPs have criticised the length of apprenticeship programmes after a report found a fifth of apprenticeships lasted for six months or less.

18 May 12

Cameron: Continued austerity measures and increased credit for businesses

Prime Minister David Cameron has said the Government will refuse to back down on deficit reduction plans and pledged to boost credit for businesses and households, in a speech made yesterday on the UK's economy.

17 May 12

Businesses leaving employees in the dark about rewards and pay

Companies failing to communicate with employees about their remuneration package, including salaries and benefits, are 'wasting' their money and failing to reap the benefits, research carried out by the Chartered Institute of Personnel and Development (CIPD) has claimed.

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