Business news

HM Revenue and Customs (HMRC) has created a series of short online video guides aimed at helping small and new businesses understand the tax issues facing them.
Lord Mandelson, the Business Secretary, has said that more than £1 million worth of loans are being made each day to small businesses as a result of a government guarantee scheme.
HM Revenue and Customs (HMRC) has announced that it has readjusted its policy of refusing some claims made by businesses for the repayment of overpaid VAT on the grounds that the repayment would unjustly enrich the firm.
Official figures have shown that retail sales rose during January.
Employers are being urged to plan for the longer term during the economic downturn and to take an innovative approach to avoiding job cuts.

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