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Yorkshire could miss out on huge financial benefits unless of course the government funds Network Rail’s £560m Northern Hub programme, according to a new research. The Yorkshire Rail Network Research has highlighted up to £12bn of financial benefits that could be unlocked by means of measures to increase Yorkshire’s rail connectivity.

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A new trade finance providers has entered the market place for UK buyers. The facility has been two years in development and brings together a very robust platform for both buyers and sellers to transact business on. This new trade finance facility is a great addition to your existing business finance arrangements, moreover, because the facility is balance sheet neutral it does not interfere with any of your existing commercial finance or banking relationships.

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Currently Research and Development costs can be claimed back at 200%. Here is a statement from HMRC’s website:

“From 1 April 2011, the tax relief on allowable R&D costs is 200 per cent – that is, for each £100 of qualifying costs, your company or organisation could have the income on which Corporation Tax is paid reduced by an additional £100 on top of the £100 spent. It also includes a payable credit in some circumstances.”

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Its the first day back of 2012 for most of us and I’d like to wish you all a happy 2012. I really hope it is prosperous for you.

Its clear that our economy is in for a turbulent time with a number of finance directors predicting a double dip recession. However, in contrast to that those business with e-commerce and on-line sales activity are seeing growth. Evidence if you ever needed it that sales are moving on-line.

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As the year 2011 draws to a close it is only fit that I and Enable Corporate Strategies say good bye to the year.

It has been interesting… Economically challenging with with more peak and troughs on the stock markets than a heart monitor and a never ending Euro Crisis which is far from over.

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