Government Announcements

The UK tax system is be streamlined and made simpler in an effort to boost levels of investment in business, the government has announced.

The government is looking at ways of encouraging business investment that does not rely so extensively on bank debt.

It has been proposed that UK banks will carry out a study of the levels of lending to smaller firms in an effort to improve business credit.

The government has announced that people will no longer be obliged to buy an annuity with their pensions.

The UK labour market could face a five-year jobs deficit if the growth predictions of the Office for Budget Responsibility (OBR) are just slightly weaker.

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