Business News Articles

House prices fall by 1.3%
Last month saw house prices drop by a figure of 1.3 per cent, compared to November 2010, according to Halifax. ... more

Bank of England hold interest rates at 0.5pc
The CBI today responded to the announcement from the Bank of England’s Monetary Policy Committee (MPC) that it will keep interest rates the same. ... more

James Caan quits BBC's Dragons Den
James Caan, one of the dragon’s from the hit BBC2 television series Dragon’s Den has revealed that he will be leaving the show. ... more

Bad weather costs BAA £24M
BAA said the drop in passenger traffic in December was almost entirely due to the severe weather.... more

Small business lending falls again
Lending under the Government’s small business lending flagship the Enterprise Finance Guarantee (EFG) scheme has fallen a further 5% in the last quarter according to Aldermore, the new British bank.... more

Private Sector pay to trail inflation
Private sector pay be on the increase by more this year than in 2010, but is still likely to fall behind inflation, according to research conducted by Incomes Data Services. ... more

VAT rises to 20% from today
Today, January 4th, 2011, the UK’s VAT rate has risen from 17.5% to 20% bringing the UK in line with the rest of the continent. The tax increase was one of the most controversial elements of the coalition government’s first Budget announcement, and there are important implications for businesses of every size. As a result VAT registered businesses are now putting in processes to handle the inc... more

CFOs optimistic for 2011
CFOs enter 2011 in a more buoyant mood with a new focus on growth, according to the findings of the latest Deloitte CFO Survey. ... more

2011 bank bonuses to 'run to billions'
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CBI New Year message
Richard Lambert, CBI Director-General, set out his views on the outlook for 2011 in his New Year message, which follows: ... more