companies house made easy

self-assessment deadline extended

Sole traders, entrepreneurs and other individuals who are required to fill out self-assessment tax returns will not receive a late filing penalty if they make their submission on the 1st or 2nd of February.

schools must develop entrepreneurs

The Forum for Private Business has called for schools to play a leading role in encouraging entrepreneurship amongst young people.

google targets welsh SMEs

Search engine giant Google has announced a 12 month campaign to get businesses in Wales to start using the web.

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For the 12th consecutive months, the Bank of England’s Monetary Policy Committee has kept interest rates at 0.5%.

After revised figures showed growth of 0.3% in the UK’s GDP in the last quarter of 2009, quantitive easing has been halted but interest rates held steady to hold off the possibility of a double-dip recession.

"Despite the upward revision to GDP in the fourth quarter of last year, the economy remains weak and fragile. Businesses are still under serious pressure and there is no room for complacency", stated David Kern, chief economist at the British Chambers of Commerce (BCC).

Latest figures show that inflation has sharply increased from 2.9% in December 2009, to 3.5% for January 2010, but much of this is thought to be as a result of VAT rising back to 17.5%.