After London mayor Boris Johnson urged chancellor George Osborne to soften the effects of tax credit cuts on the working poor, Osborne rebelled by publishing a report claiming that Britain's tax credit bill would have risen without the reforms set out in the Summer Budget.
Andy Harrison, CEO of Whitbread, has said there will be “selective price increases” at Costa Coffee to deal with the extra £15m to £20m he expects the living wage to cost the business.
In May 2015, David Cameron unveiled the first “conservative-only” Queen’s Speech in nearly two decades, with a radical agenda to reform taxation and welfare. With the Enterprise Bill set to allegedly help create two million more jobs over the next five years, we took a look at the implications for SMEs – and what opportunities lie ahead.
It seems that the cost of employing people in the care sector is only going to increase in the next few years. With that in mind, Thomson Snell & Passmore's Ben Stepney and Alison Antill discuss the basics employers need to stick to in order to comply to regulation.
There was plenty for businesses to be pleased about in last week’s Budget. The cut in corporation tax will be very welcome – as of course will be the levy on "big business" to support the training of apprentices for all firms.
Has George Obsorne pledged enough to the five million SMEs across the country? Will business owners be reeling or celebrating following the announcement? Bobby Lane, business advisor and partner at accountancy firm Shelley Stock Hutter (SSH), gives his view.
In what the BBC referred to as a “landmark Budget”, George Osborne made a number of potentially very significant announcements in the summer Budget. We outline some of the most immediately relevant, giving as much detail as possible for now.
Chancellor George Osborne spoke of “aggressive tax planning” during the Summer Budget and slammed businesses and individuals engaged in tax avoidance, adding that they have “nowhere to hide” as the government seeks to find £5bn a year.
With chancellor George Osborne at the speaker’s box for around 75 minutes, Real Business has condensed his near 10,000-word speech into 500 words for your reading convenience.
After a Budget which provide those in the business world with slightly more than they were probably expecting, Real Business pulled together some of the more interesting comments from entrepreneurs and senior leaders.
Chancellor George Osborne has promised to put the “power into the Northern Powerhouse”, by devolving further powers to Manchester and investing in transport.
Changes have been announced to the national living wage as part of the Summer Budget. The chancellor said it was set to reach £9 an hour by 2020 and will be compulsory.
