Councils are being forced to write off millions of pounds in unpaid business rates because of loopholes in licensing and business laws, the Local Government Association has claimed.
Unemployment fell by 39,000 in the three months to July to stand at 1.63m, the lowest figure since 2008.
Small businesses have recorded a third year of solid growth but there is widespread dissatisfaction with governments over what is seen as a lack of support for SMEs, according to an international study.
The service sector returned to growth in August following abrupt contractions in output and new business in July linked to disruption related to the result of the EU referendum, according to new research.
Consumer confidence rallied in August after recent falls on the back of the UK's vote to leave the EU.
Growth in business volumes slowed in business and professional services sector in the three months to August, while optimism fell sharply, according to a new survey.
Britain's small to medium-sized enterprises wrote off a combined £5.8bn in the last financial year, the equivalent of more than £21,000 every day, according to new research.
Unemployment fell by 52,000 to 1.64m between April and June, according to official figures.
Retail sales overcame a "blip" in the days following the EU referendum to post a solid summer, with online shopping benefiting from July's heatwave, according to new figures.
The Bank of England has cut interest rates to a new record low of 0.25 per cent as part of a new multi-billion pound stimulus package for the economy.