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

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

The government has been urged to reconsider plans to raise the amount of tax that retailers pay on their properties.

HM Revenue and Customs (HMRC) has said that more taxpayers now have the option to meet their bills by direct debit.

The Bank of England’s decision to reduce interest rates to 1.5 per cent means that the official cost of borrowing is now at its lowest in its 315-year history.

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