Archive for the 'investment' Category

Government supports climate change with electric car investment

Earlier this month, Business Secretary Vince Cable warned that the UK’s car industry will not receive any further funding from the Government but said it would consider investing in measures which would reduce emissions from cars and to help transform the UK into a low carbon economy.
As a result, the Government has today unveiled it [...]

Social enterprises avoid capital injections

A £3m fund designed to help social enterprises expand has closed after making only one investment in two years.
Triodos, the bank operating the fund, said most social enterprises are not yet ready for large capital injections.
“The recession is having an impact,” said Charles Middleton, Triodos UK managing direction.
“But our experience was mainly not finding the [...]

Social enterprises avoid capital injections

A £3m fund designed to help social enterprises expand has closed after making only one investment in two years.
Triodos, the bank operating the fund, said most social enterprises are not yet ready for large capital injections.
“The recession is having an impact,” said Charles Middleton, Triodos UK managing direction.
“But our experience was mainly not finding the [...]

Chancellor Osborne unveils simpler tax system

As expected, Chancellor George Osborne has today revealed plans to simplify the UK tax system, in a bid to encourage investment and stimulate economic growth.
The Chancellor said the “spaghetti bowl” of UK tax law will be simplified and said: “The previous government took a complex tax system and made it even worse. A decade of [...]

Chancellor Osborne to unveil simpler tax system

Chancellor George Osborne will today reveal plans to simplify the UK tax system, in a bid to encourage investment and drive economic growth.
Since coming to power, the coalition Government has argued that the UK tax system is too complicated and has been proposing to make it simpler.
Mr Osborne is set to announce that the [...]

JP Morgan Chase profits exceeds expectations

Wall Street banking giant JPMorgan has kicked off the banking reporting season today with better-than-expected second quarter profits – due to better credit conditions.
The bank reported net income of $4.8 billion (£3.1 billion) – a 75% increase on the $2.7 billion reported in the same period a year ago.
Today’s figures from JP Morgan will no [...]