Business news

Academies manage to stockpile billions in savings - 25 February 2015

‘Prudent’ academy schools in England have created financial safety nets worth nearly £2.5bn – more than £550,000 per school. The figures were released by the Department for Education in response to a written parliamentary question from Labour MP Frank Dobson.

R&D regime set for reforms - 20 February 2015

The government is seeking views on ways to make it easier for companies to claim research and development (R&D) tax credits. The tax credit regime provides valuable tax benefits to companies investing in R&D that advances science or technology. Currently,

All change on business names - 20 February 2015

Changes to the rules governing the names of companies and other businesses took effect on 31 January. The reforms, which have been introduced following consultation, will reduce the number of “sensitive” words and expressions that can be included in a

Auto-enrolment reminders on the way - 20 February 2015

All small and micro businesses in the UK are to receive a written reminder about their auto-enrolment responsibilities. From the end of January, more than 1.5 million businesses across the UK will start receiving letters from the Pensions Regulator confirming

New financial reporting rules come closer - 20 February 2015

The government has published its plans for implementing a new EU Accounting Directive consolidating legislation on financial reporting. In a response to a consultation carried out last year, published on 27 January, the Department for Business, Innovation & Skills said

Big names back disabled employment drive - 20 February 2015

Leading UK employers, including Barclays, Fujitsu and Sainsbury’s, have pledged to increase employment opportunities for new and existing disabled staff and develop good practice around disabled people in their workforces. Their commitment came on 28 January, as latest employment statistics

Bid to curb business rate ‘snoopers’ - 20 February 2015

Businesses are set to be given greater protection from demands by government officials to enter their premises. Secretary of State for Local Government Eric Pickles has published proposals to change the law so that officials from the Valuation Office Agency,