Business Secretary Vince Cable suggested over the weekend that the Government should reconsider its Help to Buy scheme amid fears that it has boosted house prices too quickly and could cause a new housing bubble.
Retail sales rose by 0.3 per cent in November from the month before and by 2 per cent compared with the same period in 2012, while online sales hit a record 11.9 per cent of all sales except fuel.
The Bank of England announced yesterday (December 18) that, from 2016, it will start issuing polymer banknotes, or plastic money, in place of the cotton paper kind that have been in circulation for more than 100 years.
The UK’s unemployment rate fell to 7.4 per cent in the three months to October, taking it to its lowest level since the February to April period in 2009, according to figures from the Office for National Statistics (ONS).
A survey from the Confederation of British Industry (CBI) has found that more firms than not expect to create jobs next year for the first time since the start of the recession.
According to the Federation of Small Businesses’ quarterly Small Business Index, the UK’s small firms are showing increasing optimism for 2014, as businesses remain positive about the economic outlook.
Today (December 14th) ahead of the Premier League fixture against Stoke City, at the KC Stadium, Hull City AFC are set to hold an Ebenezer Morley Day, in recognition of Hull’s proud association with the Founding Father of football.
Giving evidence to the Treasury Select Committee earlier this week, the Chancellor George Osborne claimed to have started a ‘quiet revolution’ in the way people think about tax by cutting corporation tax to one of the lowest jurisdictions in the
According to a report from the Public Accounts Committee (PAC), around £55bn a year is being lost to taxpayers through fraud, error and unpaid taxes, with £13.2bn written off in 2011-12 due to error and fraud.
A House of Lords Committee has urged MPs to use their clout to stop a tax on financial transactions in 11 European countries from harming the City of London and potentially undermining the single market.