THE OFFICE for Budget Responsibility has revised up its UK growth foreacast.
Growth for 2011 is expected to be 0.8%, with 2% growth in 2012, 2.7% in 2013 and 3% for both 2015 and 2016.
The current business rates system is over-complex and reform is needed, but reforms should focus first of all on simplifying the appeals process, particularly for businesses which are subject to business rates exemption
David Gauke promoted to chief secretary to the treasury as accountants get top roles in Theresa May's new look cabinet
ACCA wants to see incoming prime minister Theresa May act fast to restore UK business and consumer confidence
New chancellor Philip Hammond rules out emergency Budget and indicates slowing pace of deficit reduction