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Governments in Denmark and France have introduced tax breaks to encourage energy efficiency in households. Both countries have unveiled financial measures which will help those who buy energy efficient appliances and better double glazing. In France they are also introducing incentives to encourage people to buy greener vehicles. The new proposals respond to an agreement reached this spring by most political parties to develop energy efficiencyrelated taxes on consumer products.

In response, the government has suggested applying the idea first to household cold appliances and double glazed windows, with a possible extension to other product groups later. The tax proposals also include an extension of 2005 energy saving targets for the household, public, industry and service sectors to the period 2008 to 2012. The country is also looking into advertising services proposal energy efficiency in the public sector and how to conserve energy in office and information technology equipment. In France, the proposals would mean that households installing insulation or modern temperature control will be granted a 15% tax break.

Owners of cars at least ten years old will be eligible for a 50% larger price incentive than previously available if they trade them in for a new electric, electric-petrol hybrid or liquefied petroleum gas-powered vehicle. In autumn 2000 the National Parks (Scotland) Act 2000 became law, allowing the creation of the first ever National Parks in Scotland. Its governing board will include some members elected by people living in the park area, some nominated by local authorities in the park area and appointed by Scottish Ministers and others appointed directly by Scottish Ministers.

This will set out how the four aims will be met and draw together the work of other organisations within the area as well as many other people and groups. Once the plan is completed, the Park Authority will co-ordinate its implementation and ensure that its own resources are targeted at the actions that are most needed. The Park Plan will be formally approved by Scottish Ministers, and will need to dovetail with, and contribute to, other statutory plans and strategies covering the area.

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The sector had been up as oil prices rebounded the previous evening and there was a sector-wide bump after results from Shell beat expectations. The drop in early morning trading on the FTSE 100 took some of the market by surprise after a strong finish in the US the previous day. Despite a brief rally, the top tier plunged once more over fears from the US, as the lender Countrywide said its prime mortgage defaults had risen. There was talk of the influence of the carry trade on the falling stocks, after the dollar/yen broke the 200-day moving average.

The increased volatility of the dollar/yen means investors are seo services company cutting their exposure to the carry trade and are liquifying European assets. GlaxoSmithKline was looking at a second day of gains after backing from Morgan Stanley. It rose 17p after the broker upped its price target from 1,300p to 1,400p, but closed down 28p at 1247p. As the euphoria around Cadbury Schweppes’s decision to sell its US beverage arm weakened, so too did its share price. It is the latest deal, following fears over private equity takeovers of Alliance Boots and EMI, to suffer from the wobbles in the bond markets.


Seymour Pierce lowered its valuation of the US arm from £8bn to £7.2bn, adding its valuation “is the swing factor in Cadbury’s share price at the moment”. Conflicting reports about Robert Tchenguiz’s view on the bid for J Sainsbury had the stock yo-yoing. The property magnate holds a crucial 10 per cent stake, and his agreement would boost the chances of the 600p bid by the Qatari investment group Delta Two.

The steady decline from Home Retail Group this month was exacerbated yesterday, after Citi admitted concerns over its 100 per cent exposure to the UK. There is “no recovery in sight”, according to Morgan Stanley, which downgraded it to “underweight”.

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Organisers of the family environmental event are expecting over 15,000 people to attend the Festival. Chainsaw sculptor, Phil Dunford of Corwen, 35, laboured for three days to create the toothy dragon figure from a single massive log of wood. Last year I carved a kind of online marketing services heraldic dragon similar to the one on the Welsh flag, but Cedric the children’s dragon is a different challenge altogether as he is a comic character who appeals to children and who is much more animated.

Many of the sculptures featured at the Festival are abstract and symbolic. No sculptor has ever tried a cartoon character or funny mascot before, so this will be a first for the Festival. Now NCH fundraisers are intrigued to see how much the 7 feet-tall wooden sculpture is worth at open auction. Children across the country love Cedric the Dragon. It will be interesting to see how such a lively and colourful character as Cedric is magically turned to wood. Hopefully, the carved sculpture will bring a handsome price for NCH Cymru at the Festival’s charity fundraising auction. We are very grateful to the Woodfest Wales and to Phil Dunford for this very novel contribution to our NCH Cymru Appeal.

NCH, the children’s charity, is set to launch the latest set of designs for their The Lord of the Rings pin badge promotion with retailers Comet, Virgin Megastores and Peacocks. Three new badges will be on sale in aid of NCH from 28 May to coincide with the May 25 DVD release of the Academy-Award winning The Lord of the Rings: The Return of the King, -the third and final instalment in New Line Cinema’s critically-acclaimed motion picture trilogy. The new designs from The Big Badge Company feature key characters from the film – Gimli, Eowyn and an Orc.

They will be on sale alongside three existing designs- Frodo, Legolas and Gollum. Since their launch in December 2003, over 230,000 The Lord of the Rings pin badges have already been sold in aid of NCH raising £168k for the charity. ‘We are delighted that this innovative cause-related marketing campaign has been so impactful for NCH, especially in such a short space of time.