Small business exemptions, pay cuts, and credit easing plans - here's your need-to-know business news roundup.
The smallest businesses should be treated differently, enjoying exemptions from specific regulations, according to a group of MPs.
The claim follows significant criticism of the government’s plans to consult on exemptions from employment legislation for firms with fewer than 10 employees. [BBC]
Average UK incomes were cut by 3.5 per cent in real terms during 2011, according to official figures.
The Office for National Statistics said median salaries rose by just 1.4 per cent – significantly lower than the consumer inflation rate of at least 5 per cent. [Guardian]
The government should bypass banks when it begins credit easing according to pressure groups.
A report from a Conservative MP and think tank Nesta called for the creation of new bonds to enable investment in SMEs. [Telegraph]
