Feeds

Mandy preps list of UK businesses to save

Sorry mate, you're not on the list

Mobile application security vulnerability report

Lord Mandelson of Foy is preparing criteria to decide which British businesses the government should save if they go bankrupt.

Factors such as the number of employees and the amount of R&D a company carries out would help firms get on Mandelson's list.

The minister for Business, Enterprise and Regulatory Reform showed his plans to the national economic council last week.

Talking to the Guardian Mandy admitted he was surprised to be asked back into the Cabinet and was nervous about people's likely reaction.

He said he doubted that the impact of the economic crisis on the real economy had been fully understood.

Mandelson said: "No one can foretell how short or long - how painful or painless - the recession is going to be. The recession will determine our borrowing our taxing and spending. All I know is that the deeper we get into the recession, the higher the costs of climbing out will be."

He said he believed British industry wanted a more active role for his department: "They don't want us to pick winners, but they do want a route map."

The minister is also believed to be opposing Department of Health plans to ban the display of tobacco and cigarettes by shopkeepers because many small retailers are already struggling to survive. ®

Bridging the IT gap between rising business demands and ageing tools

More from The Register

next story
Arrr: Freetard-bothering Digital Economy Act tied up, thrown in the hold
Ministry of Fun confirms: Yes, we're busy doing nothing
ONE EMAIL costs mining company $300 MEEELION
Environmental activist walks free after hoax sent share price over a cliff
'Blow it up': Plods pop round for chat with Commonwealth Games tweeter
You'd better not be talking about the council's housing plans
Help yourself to anyone's photos FOR FREE, suggests UK.gov
Copyright law reforms will keep m'learned friends busy
Apple smacked with privacy sueball over Location Services
Class action launched on behalf of 100 million iPhone owners
UK government officially adopts Open Document Format
Microsoft insurgency fails, earns snarky remark from UK digital services head
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Application security programs and practises
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Securing Web Applications Made Simple and Scalable
Learn how automated security testing can provide a simple and scalable way to protect your web applications.