Cycling and walking routes ‘save the UK economy £1 million a day’

According to a recent report by Sustrans – a charity that enables people to make ‘greener’ journeys – the UK’s national cycle network has saved the economy over £7 billion since it was first established 20 years ago, which equates

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‘Help to Buy’ is proving popular with first time buyers

The ‘Help to Buy’ scheme, an initiative launched by the UK Government in 2013 to help people purchase a property, is now the most popular way to buy a house among first time buyers, according to recent research.

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Renewed anger at Amazon UK tax bill

Online retail giant Amazon has fuelled further anger over its tax bill as it emerged the group’s UK business paid just £11.9 million in tax last year, despite the group taking £5.3 billion in sales from British shoppers.

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Dropping oil prices provide a boost for the UK economy

Falling oil prices have been responsible for helping to cut costs for businesses across Britain in recent months, while the trend also means that consumers have more surplus cash available, according to a recent report.

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Circular economy could boost UK GDP by £29bn, research finds

The UK could boost its gross domestic product (GDP) by £2.9bn a year if it “fully embraced the circular economy”, a study has found.

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New fixed-rate savings accounts offer market-leading 12-month deal

Two up and coming challenger banks – Charter Savings Bank and Vanquis Bank – are offering market-leading interest rates on their 12-month savings accounts.

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UK borrowing hits eight-year low thanks to income tax growth

Last month, thanks to a rise in income tax boosting revenues, the UK recorded its smallest fiscal deficit for any May since 2007.

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First new private bank for 30 years opens in the UK

A new private bank has been set up, claiming to be the first to obtain a banking licence for 30 years.

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New traders fall foul of HMRC’s VAT rule

HMRC’s interpretation of a key VAT rule has changed, meaning that newly registered businesses are being denied refunds.

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Account payments to some RBS customers ‘missing’

Hundreds of thousands of NatWest and RBS customers were this morning facing banking issues as the company admitted “some” payments were “missing” from accounts.

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