Business Activities


Contactless arrives for business customers

Barclays has become the first bank in Europe to launch commercial contactless debit cards to its business customers. From March, all Barclays Business customers receiving new or re-issued cards will find that they come with contactless technology as standard. This enables them to pay for low value transactions by holding the card over a reader, [...]

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

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 [...]

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

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 [...]

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

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 [...]

Barclays Local Business responds to flood crisis

Responding to the implications of the recent flooding across areas of the UK, Barclays Local Business has today announced that it will be offering a financial support package to all of its affected business banking customers.*
The package will allow businesses time to recover from the immediate impact of the flooding, or to bridge the gap [...]

A Guide to Cutting Business Software Costs - OpenOffice

When adding up all costs for IT equipment, software and any other related technology that your new business might need, you’ll probably factor in some sort of office suite. This generally consists of a Word Processor, Spreadsheet, a Drawing application and perhaps a Database.
Indeed, all of these products are vital to any organisation, but the [...]

What is Google Wave?

Google Wave Protocol was demo’d at the 2009 Google IO Conference in May this year.
You can see the long developer’s demo video. But, below is a shorter introduction to this new radical concept that may, one day, become a replacement to ‘traditional’ email.

There is one key aspect of Wave that the video (above) does not [...]

GBP 40 Million Backing for Technology and Careers in Manufacturing

Ministers gave further backing for British manufacturing excellence today with Business Minister Pat McFadden announcing an increase of Government funding to £40 million for a new manufacturing technology centre (MTC).
Since the Manufacturing Strategy was published in 2008, Government has set out a new activist approach to supporting the economy. The transition to low carbon and [...]

Report of Insurance Industry Working Group

The Insurance Industry Working Group (IIWG) today published its report into the medium and long-term challenges facing the insurance industry.
The group was set up in October 2008 to look at the challenges and opportunities facing the UK Insurance Industry. It is co-chaired by Chancellor of the Exchequer, Alistair Darling and Andrew Moss, Group Chief Executive [...]

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  • GlobalBiz: Rwanda (part1): African Ambitions: 08 Mar 10 March 8, 2010
    Rwanda has huge ambitions to grow itself out of poverty and become a middle income country by the year 2010, to become an information technology and business hub for central and eastern Africa. Rwanda, poor though it still is, hopes to set an example that it is possible to do proper business here in Africa. Peter Day reports. Producer: Richard Berenger Ed […]

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