Business news

Tax on inherited pensions abolished

The 55% tax charge on inherited pensions will be abolished from April 2015, the Chancellor George Osborne has announced.

Credit rating factors misunderstood

Just 2 out of 5 financial decision makers in UK SMEs have ever checked the business's credit report, a survey by Experian has found.

Slightly older peers key to financial education

Young people aged 16-21 could benefit from hearing financial mismanagement stories from those in the 22-29 age bracket, a report by the Money Advice Service has suggested.

Micro-business numbers surge

The number of micro businesses in the UK has grown by 43% since 2000, a report by insurance group RSA has found.

Small firms unprepared for data loss

Less than a third of small businesses have plans to ensure business continuity in the event of data loss, according to a report by disaster recovery firm Databarracks.

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