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The Financial Times
N Ireland entrepreneurs most likely to hit £1m turnover quickly, report finds
Business organisations and councils have called for business rate decisions to be made locally, as the new Conservative government weighs its options on what has become Britain’s most unpopular commercial tax
Companies and Markets
Norwegian energy major accelerates cost-savings plan after crude’s decline
Cars, homes and holidays on shopping list
More than a quarter of a billion pounds has been spent on holidays and cars by savers cashing in their pension pots since new rules were introduced two months ago.
Drivers are being told to switch off their engine in queuing traffic amid fears that a sharp rise in roadworks is putting a strain on cars.
Breakdown crews said motorists should stop the engine if they are stuck for more than a minute, to prevent it overheating.
Britain’s brief encounter with deflation lasted only a month as official figures show that prices are climbing again, albeit very slowly.
The consumer price index rose by 0.1 per cent in May, reversing April’s 0.1 per cent decline, the first negative reading in 55 years.
The Daily Telegraph
A third of all journeys by car are being delayed by roadworks after the number of repairs rose by more than a fifth in the past year, a study has found.
Ironically, the problems appear to have been caused by government plans to improve roads by providing local authorities with injections of cash specifically to fix potholes and weather damage, leading to an increase in work up and down the country.
Foreign investment has reached a record high of more than £1 trillion and shows, “Britain is the place to do business,” David Cameron said yesterday.
Small firms are growing at their fastest rate since 2008 and have regained the ground lost in the Great Recession, with jobs, start-up and growth rates returning to pre-crisis levels, a new report says.
Organisers plan to claim PM ‘failed’ on free movement after Merkel took it off the negotiating table.
The Daily Mail
More than six million nest eggs do not qualify for George Osborne’s pensions revolution, it emerged last night.
Soaring numbers of motorists are fiddling their car’s mileage to avoid a hefty fine for breaking a loan agreement.
Motor industry insiders say the boom in car clocking is down to an explosion in new vehicles bought through finance deals.
Halfords staff will check a car’s battery, bulbs, windscreen wipers, oil levels and air conditioning, as well as top up your screenwash for free.
The service takes about 15 minutes, there is no need to book and it is available until September 21.
Average car insurance premiums have jumped by 8 pc in one year.
Britain is the best place in Europe and the third best in the world for female entrepreneurs to set up a business, according to research published this week.