Insurers paid out around £77 million a day in insurance claims, statistics released by the Association of British Insurers (ABI) show. The UK has the largest insurance and long term savings industry in Europe and the third largest in the world. As well as paying out...
Businesses are not investing in the staff, technology and equipment needed to boost productivity, says a new report by the Chartered Institute of Personnel and Development (CIPD). The survey of 1,000 businesses found that despite 2 years of improving economic growth,...
The government has now collected a record £1 billion in tax payments from individuals using tax avoidance schemes as a result of new collection rules, according to HMRC. The new rules for accelerated payments, which mean that disputed tax is now paid upfront by...
The system of claiming tax relief on investments should be used by the government to make investment easier and fully realise the potential of existing schemes, a new report by the Institute of Directors (IOD) argues. The report focuses on the Enterprise Investment...
Small business confidence is slowing down, according to the Federation of Small Businesses (FSB). The survey of more than 1,500 businesses found that 58% expect to grow in the next 12 months compared to 65% a year ago. In addition, 22% of firms plan to invest this...