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Business Regulation

New MOT testing could hit small businesses

EU plans to introduce additional MOT testing on light trailers and tractors have been opposed by MEPs in Brussels.

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Business groups respond to legislative agenda

The Government's plans for the new parliamentary session have been outlined in the Queen's Speech. Proposals of interest to businesses include those around national insurance contributions, consumer rights and deregulation.

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Employee share buy-back rules relaxed

Simplified rules for businesses to buy back employee-owned shares in the company have come into force. The changes are aimed at encouraging greater take-up of direct employee ownership and reducing the regulatory burden on businesses.

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National Minimum Wage to increase

The UK adult National Minimum Wage is to increase by 12p to £6.31 an hour with effect from 1 October 2013.

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Businesses welcome EU-UK relationship change

Businesses broadly support the idea of a 're-negotiation' of the UK's relationship with the European Union, a survey conducted by the British Chambers of Commerce (BCC) has revealed.

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Empty properties charged £1.1 billion in business rates

Up to £1.1 billion in business rates were paid on empty properties last year - a 19 per cent increase since 2009 - the Tax Payers' Alliance has revealed.

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Business red tape cuts come into force

Businesses will benefit from dozens of cuts to regulations which came into force this week, including a simplification of the ways firms can use assets to raise finance, the Government has said.

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Northern Ireland's 5p plastic bag charge comes into force

Retailers in Northern Ireland will now be required to charge customers at least five pence for each new single-use carrier bag under new regulations which come into force on 8 April.

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Large rise in number of zero-hour contracts

The number of workers on contracts with no guarantee of regular hours or pay doubled to 200,000 during the last six months of 2012, figures from the Office for National Statistics (ONS) show.

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FSA replaced by new financial regulators

The Financial Services Authority (FSA) has been replaced by two new regulatory bodies, which will aim to monitor financial institutions and better protect consumers.

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