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UK economy shows quarterly surge in growth

The UK economy expanded at twice the forecast rate during the second quarter of the year.

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All start-ups should get NIC holiday as confidence stays fragile

A leading business group has urged the government to extend the promise of a national insurance contribution holiday for new businesses right across the country as a new survey shows business confidence in decline.

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Jobs outlook could be hit if growth falters marginally

The UK labour market could face a five-year jobs deficit if the growth predictions of the Office for Budget Responsibility (OBR) are just slightly weaker.

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New businesses can boost recovery, says report

A study by a leading think-tank has claimed that reducing the obstacles to starting up a new business could push up economic growth significantly over the coming years.

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Economy growing but concerns remain

The UK economy continued to grow in the second quarter of the year, but the recovery is still fragile, a new report has revealed.

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Government to set up regional growth fund

Plans have been announced to establish a growth fund worth £1 billion to support business and economic development in those English regions likely to be hit by public spending cuts.

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Emergency Budget 2010: tough measures for tough times

Not for a political generation or two has a Budget generated such intense interest. Pre-announcements by the Coalition Government had prepared everyone for large-scale changes to the tax system and for deep public spending cuts.

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Emergency Budget 2010: Speech headlines

The Chancellor has concluded his emergency Budget speech. We are now in the process of updating our Budget Report and putting together a series of news articles. However, the headline news from the Chancellor’s statement is:

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Emergency Budget 2010: Speech begins

The Chancellor, George Osborne has risen to his feet in the House of Commons at 12.30 pm and has embarked on what is regarded as one of the most important and far-reaching Budget speeches in a generation.

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