Autumn statement 2012: what business organisations want

From the CBI to the IoD, what Britain’s business organisations want out of George Osborne’s mini-budget Business organisations have drafted their wish lists ahead of the chancellor’s autumn statement, which has morphed into a mini budget. Find out who wants what. Confederation of British Industry The CBI has called on the chancellor to stick to […]


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Is scrapping workers’ rights the Tories’ idea of spreading privilege?

David Cameron may talk about democratising wealth, but his chancellor’s new initiative shows the leadership in its true light My old flatmate, as I’ve mentioned here before, was fascinated by the question: “Which would you choose, the washing machine or the vote?” This was despite the fact that he benefited from both. But he wanted […]


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The Tories are giving us distractions, not actions | Rachel Reeves

Rather than build for our future, the coalition government has resorted to making endless promises that never bear fruit With our economy in the longest double-dip recession since the second world war, record numbers of young people unemployed, and government borrowing up by a quarter this year, Britain desperately needs new sources of growth and […]


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UK government borrowing: what the economists say

Economists give their views on the unexpectedly bad government borrowing figures for June A slump in corporate tax receipts pushed the exchequer into deficit in July, despite expectations of a surplus of £2.5bn. Gustavo Bagattini, RBC Capital Markets It’s the same story we’ve been seeing since the beginning of the year: that tax receipts are […]


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The investment strike is one the government would do well to bust | Michael Burke

The private sector’s refusal to invest ensures that household and business suffer inflation, while the economy stagnates Some City economists are discussing the possibility of a “triple-dip” recession and the both the British Chambers of Commerce and the Ernst & Young Item Club, which use the same model of the economy as the Treasury are […]


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Government to drop no-fault dismissals

Adrian Beecroft’s ‘hire and fire’ law shelved after majority of small businesses fail to get behind it The controversial proposal for a new “hire and fire” law allowing small businesses to dismiss workers without giving a reason has been shelved after companies themselves showed no support for the idea. A consultation by the Department for […]


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Government set to drop no-fault dismissal plans

Adrian Beecroft’s ‘hire and fire’ law shelved after majority of small businesses fail to get behind it The controversial proposal for a new “hire and fire” law allowing small businesses to dismiss workers without giving a reason has been shelved after companies themselves showed no support for the idea. A consultation by the Department for […]


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British Chamber of Commerce argues for £5bn emergency measures

Chancellor George Osborne should take advantage of low borrowing costs and unleash recession-busting policies, says BCC George Osborne should take advantage of record low borrowing costs to unleash a £5bn package of emergency recession-busting policies, the British Chambers of Commerce (BCC) said on Friday, as it slashed its growth forecast for 2012. The BCC, which […]


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Unfair dismissal reform divides government and unions

Employment reform to double time an employee has to work for a company before being able to make unfair dismissal claim The amount of time an employee has to work for an organisation before he or she can make an unfair dismissal claim against the employer has doubled to two years, in a move the […]


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