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Government Announcements

Spotlight - Government Announcements

Health and safety regulations to be reviewed

The government is to subject the current health and safety legislative system to a review.

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Corporation tax cuts likely to be phased in

Plans by the government to reduce the higher rate of corporation tax may well be phased in over a period of years.

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Action promised on business lending

In his first major speech as Business Secretary, Vince Cable committed the government to taking a tougher line on parts of the banking system that have “not served enterprise in this country as well as they could”.

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Government pledge to tackle business red tape

The government has outlined the first phase of its plans to reduce the level of regulation affecting businesses.

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Revised corporate governance code to come into effect

The directors of the UK’s largest companies will have to be re-elected on an annual basis as part of a revised code of corporate governance.

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Queen’s Speech confirms tax plans

The government used the Queen’s Speech to flag up measures aimed at reforming the tax system for both businesses and individuals in order to make it “fairer and simpler”.

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Queen’s Speech promises employment changes

An extension of the right of employees to request flexible working and a faster than planned raising of the state retirement age both formed part of the new coalition government’s first Queen’s Speech.

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