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

The government has unveiled details of plans designed to provide SMEs with easier access to credit and to help with the cash flow problems afflicting many firms as the economic downturn deepens.

How businesses that are experiencing difficulties can use the new Business Payment Support Scheme to delay their tax payments.

How the new Business Payment Support Scheme affects sub-contractors in the construction industry.

Ministers are thought to be debating the introduction of a £20 billion business loan guarantee scheme as a way of ensuring that firms have access to desperately needed financing and credit.

The UK economy is slowing down at a profoundly disturbing rate, the British Chambers of Commerce (BCC) has said after publishing the results of its latest quarterly survey

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