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Reading Time | < 1 min 13 Mar 2014

Greater competition needed for Scottish SME finance

Reading Time • < 1 minScotland needs new sources of credit to help small and medium-sized businesses (SMEs) access finance, the Scottish Parliament's economy, energy and tourism committee has said. Following an inquiry into business lending, the committee conclu...
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Reading Time | < 1 min 12 Mar 2014

Retail sales growth slowed in February

Reading Time • < 1 minRetail sales fell one per cent last month when compared to February 2013, the British Retail Consortium (BRC) has announced. Total sales growth in February 2014 slowed to 0.7 per cent after a strong January which saw record numbers for sale...
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Reading Time | < 1 min 11 Mar 2014

Retirement options advice reforms

Reading Time • < 1 minPension providers will have to do more to help retirees turn their pension savings into a retirement income, under reforms announced by the Association of British Insurers (ABI). The pensions industry will introduce a minimum standard for c...
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Reading Time | < 1 min 10 Mar 2014

Half have problems shopping online

Reading Time • < 1 minNearly half (46 per cent) of adults who bought goods online in the last two years experienced problems with their orders, according to Which? research. The most common problems were: Late deliveries (19 per cent) Fault...
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Reading Time | 2 mins 05 Mar 2014

MPs call for business rates reform

Reading Time • 2 minsThe Business, Innovation and Skills Committee has concluded that the current business rates system is "not fit for purpose" and urged the Government to address its "fundamental flaws". A report by the committee of MPs calls for a "wholesal...
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Reading Time | < 1 min 28 Feb 2014

Home ownership continues decline

Reading Time • < 1 minHome ownership in England has fallen to a 26-year low, according to new Government figures. The latest figures from the Department for Communities and Local Government (DCLG) found that 14.3 million people (65 per cent) were homeowners, the...
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Reading Time | < 1 min 25 Feb 2014

SME lending inquiry opened

Reading Time • < 1 minPoliticians have opened an inquiry into bank lending to small and medium-sized business (SMEs). The Treasury Select Committee (TSC) investigation will focus on access to finance for businesses, competition in the sector and the treatment of...
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Reading Time | < 1 min 24 Feb 2014

Tax evasion campaign launched

Reading Time • < 1 minHM Revenue & Customs (HMRC) has unveiled an advertising campaign tackling tax evaders who hold money in offshore accounts. Launched by Chancellor George Osborne, the newspaper and magazine campaign will highlight the penalties for tax e...
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Reading Time | < 1 min 21 Feb 2014

Unemployment falling in Northern Ireland

Reading Time • < 1 minUnemployment increased slightly in Northern Ireland in the three months to December 2013 but fell over the year, figures from the Northern Ireland Statistics Research Agency show. The seasonally adjusted statistics show that the unemploymen...
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