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Government Announcements

Spotlight - Government Announcements

High earners reminded of child benefit charge

People receiving child benefit who have an income of over £60,000 are being reminded to opt out of receiving payments before the 28 March in order to avoid paying a new charge by self-assessment tax return.

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Inheritance tax threshold freeze to cover social care bill

A cap on the amount that elderly people pay for social care costs will be partly paid for by a freeze on the inheritance tax threshold, under plans unveiled by Health Secretary Jeremy Hunt.

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New loan fund open for business in Northern Ireland

A new £5 million loan fund aimed at individuals, SMEs and micro-sized businesses in Northern Ireland has been announced by the country's enterprise minister Arlene Foster.

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Banking reform plans announced by Chancellor

UK banks will be forced to separate everyday high-street and retail banking operations from their investment arms under the Banking Reform Bill, announced by the Chancellor George Osborne.

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Business groups respond to EU referendum proposals

Business groups have been responding to Prime Minister David Cameron's proposals for a referendum on the UK's relationship with the European Union.

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Start-up loans scheme eligibility and investment expanded

The Government will invest an extra £30 million over the next three years in its start-up loans scheme, Prime Minister David Cameron has announced. The scheme has also been extended to those aged 25 to 30.

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BIS plans to halve the consultation period for large-scale redundancies

The Government is to press ahead with plans to reduce the consultation period before large-scale redundancies can take place from 90 to 45 days.

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£44 million renewable energy investment in Northern Ireland

The Utility Regulator for Northern Ireland has said it is ready to give the go-ahead to a £44 million investment in renewable energy generation.

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Government backs alternative business lenders with £55 million

Small and medium sized businesses and sole traders are to benefit from £55 million of Government funding being channelled through non-bank lenders.

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Autumn Statement 2012: key announcements summarised

Chancellor George Osborne has delivered his 2012 Autumn Statement to the House of Commons. Here's a quick round-up of the key announcements, with more in-depth analysis to follow.

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