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

The Bank of England needs to act “rapidly” and “forcefully” if the recession is not to deepen.

Small firms have been the victims of fraudulent emails purportedly sent by HM Revenue and Customs (HMRC).

HM Revenue and Customs (HMRC) has launched a podcast setting out imminent changes to the PAYE filing system for larger SME employers.

Small businesses could be losing up to £800 annually as the result of fraud, it has been claimed.

Some 60 per cent of small firms are missing out on the sales opportunities afforded by the internet.

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