Government Announcements

Spotlight - Government Announcements

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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Employee ownership backed by Government

British businesses are to be given more education and support on becoming employee-owned firms, the minister for employment relations Jo Swinson has announced.

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Child Benefit changes clarified

One million households affected by new Child Benefit rules that will cut the amount they are entitled to receive are to be sent letters by HMRC next month.

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Inflation slows to lowest level in nearly 3 years

CPI inflation came the closest it has been to its two per cent target since November 2009 in September, the latest figures from the Office for National Statistics (ONS) reveal.

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