Feeds

Brown's budget extends R&D relief

Price of a Lordship frozen...

The next step in data security

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.®

Security for virtualized datacentres

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Driving with an Apple Watch could land you with a £100 FINE
Bad news for tech-addicted fanbois behind the wheel
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Sony says year's losses will be FOUR TIMES DEEPER than thought
Losses of more than $2 BILLION loom over troubled Japanese corp
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Why Oracle CEO Larry Ellison had to go ... Except he hasn't
Silicon Valley's veteran seadog in piratical Putin impression
Big Content Australia just blew a big hole in its credibility
AHEDA's research on average content prices did not expose methodology, so appears less than rigourous
Bono: Apple will sort out monetising music where the labels failed
Remastered so hard it would be difficult or impossible to master it again
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
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?
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.