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The economy

Business tax breaks needed to fund skills investment

The economic recovery could be undermined if insufficient investment is made in boosting the skills of UK workforces.

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Possible VAT rise predicted

A new government may have to give serious consideration to an increase in VAT, it has been forecast.

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Latest UK economic growth lower than expected

The UK’s economy expanded by 0.2 per cent in the first quarter of the year.

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Small firms not yet in a position to create new jobs

Smaller businesses are beginning to recover from the economic downturn but aren’t yet strong enough to take on new members of staff in substantial numbers.

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Inflation reappears on the Bank of England’s radar

The Bank of England’s rate-setting Monetary Policy Committee is growingly increasingly concerned about a possible resurgence in inflation.

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What the political parties are promising

With the election looming, the main political parties have outlined what they intend to do on business support and tax.

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Budget 2010: an overview

“This will be a Budget to secure the recovery, tackle borrowing and invest in our industrial future” was how the Chancellor, Alistair Darling summed up the last Budget before the next general election.

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Increasing VAT could 'hit' the recovery

Pushing up the rate of VAT in order to tackle the budget deficit could have a detrimental impact on the economic recovery, a new study has claimed.

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Recession over, official figures declare

The UK economy has finally emerged from one of its deepest economic downturns.

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Economy facing weak recovery

The UK economy is showing signs of recovery but progress is still weak, a new survey has revealed.

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