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Government should keep R&D tax credits, says CBI

The CBI has called on the government not to consider axing the research and development tax credit scheme as a way of saving money.

Campaign to boost awareness of business finance schemes

An advertising campaign has been launched to promote the various government-funded packages available to small firms in order to help them cope with the recession.

New rules affecting ECSLs and IC services

Changes to EC Sales Lists, proposed from 1 January 2010, have now been crystallised following the EU Council’s adoption of Directive 2008/117/EC and Regulation (37/2009) on 16 December 2008.

Hike in unfair dismissal claims

The economic downturn has seen a rise in the number of insurance claims made by SMEs facing legal action from employees who are citing unfair dismissal.

Businesses to get help in securing finance

The government has unveiled details of plans designed to provide SMEs with easier access to credit and to help with the cash flow problems afflicting many firms as the economic downturn deepens. The support package will see the government guaranteeing up to 50 per cent of some £20 billion worth of bank loans to small businesses.

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