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Month: January 2009

Starting a business in the middle of a recession. Am I crazy?

Esteam-LogoYou’ve probably noticed that across the world we’re all experiencing a financial crisis, a global financial meltdown that has driven the UK into a strong recession. You might be one of the people who have been directly affected by this or you might be working or investing in industries that are relatively untouched. In any case, I would like to tell you a little about a nice little start-up that I’m involved with and why I feel that the current shaky economic conditions might not be as bad for starting a new enterprise as we’ve been led to think. At least, I hope so.

How to successfully appeal a CIS penalty fine (construction industry scheme)

_150372_tax_man_cartoon_300This month I’ve noticed a substantial increase in the number of people who are hitting our website searching for ways to avoid or otherwise appeal their automatic penalty notices received under the new Construction Industry Scheme. HMRC started charging penalties in October 2007 although our logs this month have recently shown a vast increase in the number of contractors who are searching Google for a way to appeal their penalties.

The Intel Core i7. Prepare to meet thy god.

Intel® Core™ i7 processor

It looks like Intel, after 21 years of profitability is about to start loosing money. According to Intel, it may report a loss for the first time since the Information Technology industry’s equivalent of the Pre-Cambrian era.

“We are not going to wake up in six months with everything rosy again. After 87 quarters of profit, the first quarter is too close to call,” said chief executive officer Paul Otellini to employees last week in a private internal memo obtained by Bloomberg News.