Work begins on biggest council house building programme in two decades

By John Walker on January 4, 2010

Housing Minister John Healey has hailed the start of the biggest council house building programme in nearly two decades as work began today on the first of over two thousand new homes to help tackle waiting list pressures.
Mr Healey saw work get underway today in Tyneside on the first new site for Government funded council [...]

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Alistair Darling confirms return to 17.5 percent VAT on January 1st 2010 in Pre-Budget Report

By John Walker on December 9, 2009

The UK Chancellor of the Exchequer,  Alistair Darling, introduced a temporary lower rate of VAT in last year’s pre budget report.
There was some speculation that he might have extended this reduction beyond the original term. However, in today’s pre-budget report statement to the House of Commons, he said:
I can confirm that VAT will return to [...]

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MIT Team Uses Multi-Level Marketing Principles to win DARPA $40,000 Treasure Hunt in just 9 hours

By John Walker on December 6, 2009

The Defense Advanced Research Projects Agency (DARPA) has announced that the  MIT Red Balloon Challenge Team won the $40,000 cash prize in the DARPA Network Challenge, a competition that required participants to locate 10 large, red balloons that had been placed at undisclosed locations across the United States. The MIT (Massachusetts Institute of Technology) team [...]

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No Sacred Cows in Pre-Budget Report Please - British Chambers of Commerce (BCC) Economic Forecast - December 2009

By John Walker on December 6, 2009

British Chambers of Commerce (BCC) Economic Forecast - December 2009
Ahead of the Chancellor’s Pre-Budget Report, the British Chambers of Commerce (BCC) has today published its latest Economic Forecast. The business group, which calls itself “the National Voice of Local Business”, has made downward revisions to its GDP expectations for 2009 and 2010, but is more [...]

Corus Steel Plant Mothballed in Northeast England

By John Walker on December 4, 2009

An international consortium’s breaking of a binding contract has led Corus, Europe’s second largest steel producer, to partially implement the proposal announced in May 2009 of mothballing some of the facilities belonging to the Teesside Cast Products (TCP) business in northeast England.
TCP’s Redcar Blast Furnace, Lackenby steelmaking and the South Bank Coke Ovens will be [...]

Futuristic Intel Computer Chip Could Reshape How Computers are Built, Consumers Interact with Their PCs and Personal Devices

By John Walker on December 3, 2009

Processors could become smart enough to let PCs use “vision” to interact with people.
Researchers from Intel Labs demonstrated an experimental, 48-core Intel processor, or “single-chip cloud computer,” that rethinks many of the approaches used in today’s designs for laptops, PCs and servers. This futuristic chip boasts about 10 to 20 times the processing engines inside [...]

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