New figures from the Nationwide Building Society show that UK house prices rose again in June, by 0.3 per cent to 1.9 per cent, the fastest rate since September 2010. Continue reading
House Price Rise Leading To Property Millionaires
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Monthly Archives: June 2013
Spending Review “Walked A Tightrope”
Although the Spending Review announced yesterday (June 26) by Chancellor George Osborne provoked anger from public sector workers and other critics, business leaders and groups generally welcomed the plans but said they would have liked to have seen further cuts to public spending and a greater emphasis on infrastructure investment. Continue reading
FTT Introduction Delayed
Several newspapers and magazines have picked up on the fact that the European Commission has delayed, if not entirely shelved, the implementation of its proposed financial transaction tax (FTT) until the middle of 2014. Continue reading
Key Worker Protection Needed For SMEs
A recent survey has found that the majority of small and medium-sized enterprises (SMEs) have no key worker protection in place, despite the death of a business owner being cited as the most disruptive threat a business can face. Continue reading
SME Optimism On The Rise
The latest survey on business optimism amongst small and medium-sized enterprises (SMEs) shows that over 80 per cent are currently upbeat about the general state of their business, with the majority expecting growth over the coming year. Continue reading
Getting Paid On Time
The Telegraph reported yesterday (June 20) on how the owner of a small firm has recouped thousands of pounds from late-paying customers and that an appeal court victory he won earlier this year could pave the way for more small firms to fight late payers. Continue reading
MCP Vote Unanimously On Interest Rates
The minutes of the Bank of England’s June Monetary Policy Committee (MPC) have been published, showing that the vote to keep interest rates at their historic low of 0.5 per cent was unanimous. Continue reading
Tax Agreement Signed
Leaders of the G8 summit have agreed new measures to clamp down on corporate tax avoiders, tax evaders and money launderers by giving each other automatic access to information on their residents’ tax affairs. Continue reading
Inflation Higher Than Expected In May
The latest figures from the Office for National Statistics (ONS), published today (June 18), showed a surprise rise in annual consumer price inflation (CPI) for May, up to 2.7 per cent from a surprise low of 2.4 per cent in April. Continue reading
Tax Transparency On The G8 Agenda
As the G8 summit starts today (June 17) in Northern Ireland, the talks will be firmly based on ways of curbing tax avoidance globally, and in an interview with Sky News yesterday, Prime Minister David Cameron said that action will be taken to make a “real difference’ to the amount of tax paid by corporations. Continue reading