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

The British Retail Consortium (BRC) has re-iterated its call for more flexible lease terms in a week that saw many businesses facing large quarterly rent bills.

A large number of small firms appear to be unaware that the statutory minimum holiday entitlement is to rise for employees.

The government’s Enterprise Finance Guarantee scheme has processed more than 1,300 eligible loans worth almost £145 million, Peter Mandelson the Business Secretary has said.

Unincorporated businesses could miss out on a tax relief scheme introduced by the Chancellor in the pre-Budget Report.

Firms are not making full use of the skills and talents of their workforces, a new study has claimed.

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