Investment schemes, pasty tax, and payday lenders - here's your need-to-know business news roundup.
The government’s ‘seed’ investment programme is failing according to analysts.
Reports suggest that the flagship Enterprise Investment Scheme has been stymied by a lack of suitable matches between investors and investment opportunities. [Telegraph]
The definition of a ‘hot’ pasty is to be changed following a U-turn on the controversial ‘pasty tax’.
Meanwhile the introduction of a new flat rate of VAT on static caravans will be delayed until April. [BBC]
Just 6 per cent of small firms would consider using ‘pay-day’ lenders according to new research.
Figures from BDRC Continental suggest that appetite for credit from lenders like Wonga is lower than previously thought. [Telegraph]