The best business advice, opinion, news and expertise in Greater Manchester and further afield.

Wednesday, 22 April 2009

Budget 2009 Update #6

  • Introduction of new financial services regulations - extended to hedge funds to maintain world leadership position in the financial sector

  • New regulations to tighten up banking sector

  • £100million to build energy efficient homes

  • Incentives to increase North Sea oil production

  • Tax relief to encourage businesses to invest - capital allowance doubled to 40%

  • £750million fund for emerging technologies to encourage research and development

  • Support for energy saving in buildings and wind farms

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