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Government Announcements

Spotlight - Government Announcements

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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Business reservations over immigration cap

Business groups have expressed concerns over government plans to introduce a ceiling on non-EU immigration to the UK.

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Pension system to see radical reforms

The government is planning to accelerate moves to raise the state pension age for men to 66 as part of a major overhaul of the pensions system.

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Emergency Budget 2010: mixed reaction to VAT increase

Business groups appear to have accepted the emergency Budget rise in VAT to 20 per cent with a certain resigned stoicism.

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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: support for businesses

The Chancellor addressed the problem that many smaller firms are experiencing when it comes to accessing credit.

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