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

Plans that would have seen government departments limited by budgetary scrutiny in the amount of regulation they could produce each year have been put on hold, disappointing business groups.

With the national minimum wage marking its tenth anniversary this week, the British Chambers of Commerce (BCC) has called for a freeze in any increase this year.

Savers who deposit large sums into their accounts could get a short-term increase in the level of protection guaranteed their money should the bank or building society get into difficulty.

Golf clubs, charities, residents’ associations and other groups that are not set up as limited companies could enjoy greater protection if reforms in the law on “unincorporated associations” are put into effect.

The deferred increase in fuel duty has finally reached the petrol pumps.

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