Feeds

End of HCI sends first dealer to the wall

Brown's budget claims first victim

Security for virtualized datacentres

Gordon Brown's Budget decision to end the Home Computing Initiative has claimed its first victim - RedPC is going into liquidation.

RedPC - its strapline was "Tax free home computing" - described the Chancellor's decision as "a devasting blow". The London-based company was formed in 2002 and its directors wrote the guidelines for the DTI which led to the tax break being set up. Managing director Martin Prescott said: "We are presently considering our options." He apologised for any inconvenience. More here.

Nitin Joshi, a partner at Vantis representing the company's creditors, told CRN: "There are at least another 15 companies involved in HCI that are at risk. I am in discussions with two other companies that will soon go bust because of the HCI fiasco." More from CRN here.

Joshi said creditors were furious and considering legal action.

But some dealers say RedPC could have acted too soon because Brown is still considering a replacement for HCI. The CBI has been asked to propose a replacement scheme which would better target resources at the poor.

Carolyn Worth from Evesham Micro said the company was waiting to hear something concrete from a government department on plans for a replacement scheme.®

Secure remote control for conventional and virtual desktops

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
Special pleading against mass surveillance won't help anyone
Protecting journalists alone won't protect their sources
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple's iPhone 6 first-day sales are MEANINGLESS, mutters analyst
Big weekend queues only represent fruity firm's supply
Radio hams can encrypt, in emergencies, says Ofcom
Consultation promises new spectrum and hints at relaxed licence conditions
Bill Gates, drugs and the internet: Top 10 Larry Ellison quotes
'I certainly never expected to become rich ... this is surreal'
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
EMC, HP blockbuster 'merger' shocker comes a cropper
Stand down, FTC... you can put your feet up for a bit
prev story

Whitepapers

Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
WIN a very cool portable ZX Spectrum
Win a one-off portable Spectrum built by legendary hardware hacker Ben Heck
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.