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Government Initiatives

Small business internships would help graduate employment

The government has been urged to create 5,000 graduate internships in smaller businesses as a way of combating rising unemployment among those leaving university.

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Review urges firms to engage with their employees

An independent review has said that involving employees fully in the future of their firms will help businesses to innovate and take advantage of new opportunities.

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Review could signal end of compulsory retirement age

The government’s announcement that it is to bring forward a planned review of the default retirement age could mean that employers may lose the right to force staff to retire at 65.

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Government asks for views on business rates relief scheme

A consultation has been launched on a £2 billion relief scheme aimed at helping businesses cope with rises in their rates bills.

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Manufacturing needs more direct state support

A manifesto has called on the government to place the manufacturing sector at the centre of a better balanced and more diverse UK economy.

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Government plans capital fund for small hi-tech firms

The government has announced details of a venture capital fund designed to support small technology businesses.

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Employers give backing to training scheme

Train to Gain, the government’s flagship skills programme, has won the support of employers, according to a new survey.

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Calls for VAT rise to be pushed back

Businesses are unhappy over government plans to stick to its original timetable on the return to the old standard rate of VAT.

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VAT accounts for almost half of delayed business taxes

Firms have delayed paying £1 billion of VAT after reaching agreements with HM Revenue and Customs (HMRC) under the Business Payment Support Service.

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Government extends trade credit insurance scheme

The government has made changes to its trade credit insurance top-up scheme so that more firms can take advantage of it.

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