The chief executive of HM Revenue and Customs is to leave the organisation after more than four years, it has been announced this morning.

There are ‘ominous’ signals over pensions tax relief that a ‘bloody nose’ is still to come despite the Chancellor’s silence on the subject yesterday, industry figures have warned.

Employers will have to stump up for a new levy to pay for the Government’s Apprenticeships drive.

The Chancellor has announced he will support 600,000 small businesses by extending the small business rate relief scheme for another year.