Firms 'should be forced to reveal tax bills' - Today's small business news roundup

  • By Josh Hall
  • 18 June 2012
Firms 'should be forced to reveal tax bills' - Today's small business news roundup

House prices, tax bills, and Greek elections - here's your need-to-know business news roundup.

Average house prices have risen again according to a new survey.

Figures from Rightmove suggest that prices are 2.4 per cent higher than a year ago, with the average asking price now sitting at £246,235. [BBC]

Businesses should be forced to reveal how much tax they pay under new plans proposed by a Labour MP.

Chuka Umunna has said changes are needed in order to combat perceptions of widespread tax avoidance amongst large firms. [Telegraph]

Markets are in turmoil again following the latest round of Greek elections.

The pro-austerity New Democracy won a narrow victory, but will have to form a coalition in order to take power. Meanwhile the cost of Spanish borrowing has risen to a new record. [Guardian]

Read more about: General business , Tax and finance