Business news

Government under fire over latest tax avoidance scheme

The Government has been heavily criticised after it was revealed that the Student Loans Company CEO was being paid via an agreed tax avoidance scheme.

Policy maker accuses banks of failing businesses

Dr Adam Posen, a member of the Bank of England's Monetary Policy Committee, has lashed out at banks for not lending enough to small and medium-size enterprises, calling them 'reluctant risk adverse jerks'.

IFS argues for major Budget tax cut

The Institute of Fiscal Studies has argued that taxes in the upcoming March Budget could be viably cut in order to boost the economy.

SMEs to be given a helping hand to boost growth

A new Government training programme aimed specifically at developing small and medium sized enterprises (SMEs) is scheduled to begin in March 2012.

Modern customers 'expect' digital interaction with companies, says research

The modern social customer now 'expects' to digitally engage with companies, according to new research published today by First Direct and social media consultancy ItsOpen.

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