Feeds

End of HCI sends first dealer to the wall

Brown's budget claims first victim

Choosing a cloud hosting partner with confidence

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.®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.