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Tax cuts for new firms may create graduate opportunities

Published: Wednesday, 29 December 2010   Category: All Graduate job news

The government is planning to bring in a range of tax cuts for newly-started businesses to boost the economy; in turn, this may create more graduate jobs.

Hi-tech firms look to be one of the major winners, with the Daily Mail reporting yesterday (December 28th) that the prime minister David Cameron is to support this area in particular.

The chancellor of the exchequer, George Osborne, along with the Department for Business, is to undertake a full review of all areas of the employment sector: from agriculture to retail.

A senior government source said that January has been designated "growth and jobs month," reports the national newspaper.

"The Prime Minister’s emphasis will be on helping entrepreneurs and lifting the burdens on fast-growing businesses. That’s where the jobs will come," the source said.

Speaking about the government, he added: "We need to show that we have a well worked-out plan to get the economy moving."

Two out of three voters believe the economy will fare badly next year, according to a recent poll.

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