Ahead of the Budget, David Cameron announced that apprentices will see a 20 per cent pay rise and Nick Clegg proposed a national minimum wage increase to £6.70 per hour. Now, George Osborne ahs included the abolishment of NI payments in his Budget speech, to the delight of business owners.
Recent announcements by the chancellor have put Manchester's economy in the spotlight. But compared to the Autumn Statement, there wasn't much for Greater Manchester other than news it will keep 100 per cent of additional business rates.
To help increase the supply of growth loans to businesses, chancellor George Osborne's Budget 2015 speech included details of a new pilot to deliver up to £100m of capital to growing businesses.
During the Budget 2015, George Osborne announced a commitment to invest up to £740m in support for technologies to generate the UK's “cities of the future” with the Internet of Things and broadband enhancements.
In a week that has seen a wide range of business organisations come out in favour of keeping the Annual Investment Allowance (AIA) at £500,000, chancellor George Osborne has kept his cards close to his chest but indicated it will not fall to a previous low.
Five years after delivering his first Budget address, chancellor George Osborne delivered his 6th and final one before the general election in May.
The UK employment rate has been increasing since 2012 and in the last three months to January 2015, it reached a record high of 73.3 per cent. The chancellor was encouraged by the latest release of labour market statistics.
In his last Budget speech before the general public go to the polls on 7 May and elect the next government, chancellor George Osborne will unveil plans to abolish the current annual tax return system and replace it with a flexible online version.
With the Annual Investment Allowance scheduled to be dropped from £500,000 to £25,000 on the first day of 2016, companies in the UK are being encouraged to place orders for capital equipment now.
Small enterprises and business experts have welcomed the government's announcement today of a "radical" review of business rates system in England – but want to see action soon.
It serves as the centrepiece at the heart of the government's commitment to make the UK the best place in the world to start and grow a business – the kind of vintage glass of port at the end of a meal it hopes people will be waxing lyrical about in the future. But what exactly is in the Small Business Bill – Real Business has had a look.
Due to the upcoming election, it will be hard for some people to not look at the chancellor's Budget on 18 March as more of a performance review than a series of fiscal measures designed to secure the economic future of the country.