Category Archives: UK News

Small Business

Confidence Growing Among Small Businesses

According to the Federation of Small Businesses (FSB), confidence among smaller enterprises has grown significantly over the past three months. This points, the Federation says, towards strong potential for growth…

Flash Crash

Financial Trader Arrested Over Global “Flash Crash” of 2010

A UK trader, Navinder Singh Sarao, has been arrested in connection with the “flash crash” of global financial markets which took place in 2010. The 37-year-old, it is alleged, placed…

Clegg Calls Leaving EU “Self-Harm” for UK Economy

Nick Clegg, leader of the Liberal Democrats and Deputy Prime Minister in the current coalition government, has spoken on the matter of EU membership ahead of the coming election. Clegg…

Scottish Parliament logo

George Osborne Unhappy About Scottish Tax Powers

Since Scotland voted to remain part of the UK, Westminster has been preparing to grant the Scottish government a number of new powers that were promised in the run-up to…

RBS Logo

RBS Issues Apology for Incorrect Committee Evidence

The Royal Bank of Scotland (RBS) has issued an apology for providing a parliamentary committee with incorrect evidence. The incident took place at a hearing in June, at which directors…

Money

Bank Note Printers Issue Profit Warning

You would think that legally printing money is just about the most profitable business possible. Unfortunately, things aren’t quite that simple and De La Rue, the printing company responsible for…

Economic Growth

UK Economic Growth Higher Than Estimated

The growth of the UK economy through the second quarter of the year was slightly more pronounced than was previously believed, it has been revealed. Previously, growth was estimated at…

tax evasion

New Penalties for Offshore Tax Dodgers

New penalties have been laid out by chancellor George Osborne for people who avoid paying tax by keeping their funds abroad. Those who commit this kind of tax evasion could…

inheritance-tax

David Cameron Hints at Inheritance Tax Pledge

David Cameron has claimed that he still aims to raise the threshold for inheritance tax so that only “the rich” will be liable for it. He has hinted that a…

Co-operative

Co-Op Has Worst Year Ever

The Co-operative Group has experienced its worst year since the company began. It is expected to record losses of over £2 billion. Exact figures are set to be announced on…