Kaylyn Ma

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'A perverse, uncompetitive system in dire need of reform’

Business rates are weighing down on growth and Osborne must act in the Autumn Statement<p>For most business people across the country, there will be just one thing on their minds when the Chancellor delivers his Autumn Statement next month – will he act in the economic interest of the nation and …

Economics

Business and the language of IT

Business rates 'cripple’ start-ups

Nursery owner Richard Lay was hit with a crippling £54,000 bill for business rates after he bought a disused working men’s club to launch a children’s day care centre.<p>The building near Southampton had been empty for five years and the rateable value was thought to be £11,250 a year.<p>However, this …

Housing

ICE buys Singapore Mercantile Exchange for $150m

US trading giant Intercontinental Exchange expands into Asia with Singapore deal hard on the heels of NYSE Euronext buyout as global exchange consolidation gathers pace.<p>Atlanta-based commodities and derivatives trading company Intercontinental Exchange Group (ICE) said Tuesday it has bought the …

Cryptocurrency

Co-op chairman quits amid Flowers allegations

Len Wardle brings forward resignation and will leave immediately after taking responsibility for appointment of former Co-op Bank chairman Rev Paul Flowers<p>Len Wardle, the chairman of the Co-operative Group, has resigned with immediate effect, bringing forward his departure by five months.<p>Mr Wardle …

Banking (UK)

Help to Buy must be 'carefully monitored', warns OECD

OECD revises up growth UK forecasts by more than any other G7 country over the next two years but warns Government mortgage subsidies could undermine affordability<p>UK regulators must stand ready to act if the Government's Help to Buy Scheme shows signs of overheating the housing market, while a …

Economy

Interview with an insolvency practitioner: What keepis directors up at night?

<b>What is causing directors to seek your advice at the moment?</b><p>They’ll generally know there are issues because they’re starting to come under pressure …