The economy

A new government may have to give serious consideration to an increase in VAT, it has been forecast.

The UK’s economy expanded by 0.2 per cent in the first quarter of the year.

Smaller businesses are beginning to recover from the economic downturn but aren’t yet strong enough to take on new members of staff in substantial numbers.

The Bank of England’s rate-setting Monetary Policy Committee is growingly increasingly concerned about a possible resurgence in inflation.

With the election looming, the main political parties have outlined what they intend to do on business support and tax.

“This will be a Budget to secure the recovery, tackle borrowing and invest in our industrial future” was how the Chancellor, Alistair Darling summed up the last Budget before the next general election.

Pushing up the rate of VAT in order to tackle the budget deficit could have a detrimental impact on the economic recovery, a new study has claimed.

The UK economy has finally emerged from one of its deepest economic downturns.

The UK economy is showing signs of recovery but progress is still weak, a new survey has revealed.

The government has launched a plan for boosting business growth in the UK.