Coalition 'may not last until next election' - Today's small business news roundup

  • By Josh Hall
  • 30 May 2012
Coalition 'may not last until next election' - Today's small business news roundup

Coalition concerns, tax app crashes, and market dips - here's your need-to-know business news roundup

The coalition may not last until the next election according to Vince Cable.

The business secretary said a “disengagement” was likely before 2015. [Telegraph]

The government’s new tax calculator has crashed on its first day of operation.

The app, which is designed to show how tax money is disbursed, received 400,000 hits in the few hours following its launch. [Telegraph]

Markets have plunged again following news that a major Spanish bank requires a bailout.

Shares in Bankia dropped by 27 per cent after it announced that it needs a €19 billion loan. [Guardian]

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