R&D spending hits £47.5bn in 2019/20
Expenditure on R&D as percentage of GDP trails behind target.
Calls resurface to abolish business rates
Opposition would increase digital services tax to fund the move.
Business rates threaten 4 out of 5 retailers with closure
Calls for rates reform ahead of Government review.
Call to scrap proposed basis period reform
Reform could create as many problems as it solves.
Fresh concerns over capital gains tax rise
A tax hike could generate £14bn a year.