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December 2009 Archives


Cloud computing: the next IT revolution

Posted by on December 1, 2009 10:18 AM

Another technological revolution is quietly brewing on Teesside.

Cloud computing is the next big thing to hit these shores and it's allowing savvy techie gurus to make big bucks from helping firms slash their IT budgets.

Continue reading "Cloud computing: the next IT revolution" »

Innovation will spark recovery from recession

Posted by on December 8, 2009 10:05 AM

The sad demise of the Corus steelmaking plant in Redcar has highlighted - in big, bold letters - the mammoth task facing Britain's manufacturers.

With the country still rooted in the bowels of recession, the message is clear: widget-makers have to innovate to survive.

Continue reading "Innovation will spark recovery from recession" »

A Great Day for Bingo & Boilers

Posted by on December 10, 2009 2:19 PM

What do bingo and boilers have in common....?

Well, they were both given tax breaks in yesterday's pre-budget report. Bingo duty was cut from 22% to 20% and if you scrap your domestic boiler you may be in line for a £400 tax reduction.

These were a few of the more obscure measures announced by Alistair Darling yesterday.

The upcoming year is likely to be very interesting from a tax perspective. As we move towards the general election and the possibility of a new government, there will be perhaps 2 or 3 Budgets and in my ongoing blog I would like to keep you updated on how any changes in tax will affect you.

I work as a tax partner In Deloitte Newcastle. I have been with the firm for my whole working life. Being originally from Durham I returned to the North East after university and wouldn't have wanted to work anywhere else.

I lead our Entrepreneurial business tax team dealing with all aspects of the personal and business tax. I enjoy working with owner-managers helping them expand their businesses, create jobs and promote the North East.

So to get started, I had a very interesting day yesterday taking in the announcements of Alistair Darling in his pre budget report followed by a get together with a local bank (who gave some interesting personal insights following Darling's new "bankers tax")

Continue reading "A Great Day for Bingo & Boilers" »

Darling puts City status under threat

Posted by on December 15, 2009 9:17 AM

London's status as one of the world's most influential financial hubs has been thrown into jeopardy by the Chancellor's latest attempts to curb bankers' excesses.

Alistair Darling's windfall tax on bank bonuses, announced in last week's Pre-Budget Report, was showcased as a clampdown on the reckless risk-taking that came so close to blowing up the UK financial system last year.

Continue reading "Darling puts City status under threat " »

Annus horribilis for Tees Valley - but reasons to be cheerful

Posted by on December 22, 2009 8:22 AM

The hulking Corus steelmaking plant that has lit up Redcar's skyline for decades is now casting a huge shadow over the local landscape.

A symbol of Tees Valley's working class graft and manufacturing excellence, it will soon become a poignant reminder of former glories unless there is an eleventh hour rescue act to save it from closure.

Continue reading "Annus horribilis for Tees Valley - but reasons to be cheerful" »