Feeds

Brown's budget extends R&D relief

Price of a Lordship frozen...

Internet Security Threat Report 2014

Gordon Brown delivered his tenth, and widely assumed last, Budget today and promised to keep UK growth on track at between 2 and 2.5 per cent for this year rising to between 2.75 and 3 per cent for 2007.

Brown is introducing a zero rate of vehicle tax for cars with the lowest pollution rating. But rates increase up to a new high of £210 for the most polluting one per cent of vehicles.

He announced funding for an extra 3,000 science teachers, and science will be included in assessments of schools' performance. All students will be entitled to study any science subject and there is funding for afternoon science clubs at 250 schools.

Brown announced a single research budget for the medical research council and NHS which will be worth at least £1bn. Tax relief on R&D will be increased and companies with up to 500 staff will be now eligible. The previous limit was 250.

Investments in venture capital trusts will get 30 per cent relief.

The British Chambers of Commerce welcomed the expansion of R&D credit but would have liked "to see it extended to cover firms' expenditure on intellectual property. The BCC questioned Brown's forecast of a strong recovery in business investment because of low business confidence.

A bottle of wine will go up by 4 pence, cigarettes by 9 pence a pack, beer by one pence a pint but tax on champagne and spirits will be frozen.

More from the Beeb here and a full transcript courtesy of 24dash.com here.®

Intelligent flash storage arrays

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
How to determine if cloud backup is right for your servers
Two key factors, technical feasibility and TCO economics, that backup and IT operations managers should consider when assessing cloud backup.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.