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/ 14 March 2007

This time, the start-up boom is no bubble

The scene is a Starbucks in Regent Street, London. Two 23-year-old women from Trinity College, Dublin, are doing a five-minute pitch from a laptop to a couple of serious venture capitalists. It is the cappuccino version of TV programmes such as <i>Dragons’ Den</i> and it is telling us a lot about the vitality of the new internet start-up boom in the United Kingdom.

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/ 14 March 2007

Take advantage of retirement-tax windfall

Retirement-fund tax is gone. It has not merely been reduced, it has been abolished. Retired. At a time when only a tiny minority of people can afford to retire without a plunge in living standards, Finance Minister’s Trevor Manuel’s ending of a decade of taxation of retirement savings should be celebrated by those far-sighted enough to plan for retirement.

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/ 14 March 2007

US general calls gays immoral

Gay rights groups on Tuesday criticised the head of the United States joint chiefs of staff, General Peter Pace, over an interview in which he described homosexuals as ”immoral”. Aides to Pace insisted he was not planning to apologise. But he later put out a statement that he described as a clarification.