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The latest tax, employment, business and economic news affecting firms and individuals alike. Updated each day.

The UK economy has begun the journey towards recovery but still faces many risks, the British Chambers of Commerce (BCC) has said.

The future of hundreds of post offices around the country could be safeguarded by transforming them into small business hubs.

HM Revenue and Customs has insisted that it has not altered its position on claims for research and development tax credits.

Some small firms are having to wait up to four months for invoices to be settled by larger customers, the Federation of Small Businesses (FSB) has claimed.

Government supported venture capital schemes should be overhauled if they are to have a greater impact on business performance, a new study has argued.

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