Kindle Fire, North Sea, Osborne, #Bestival – why are they trending?

What’s trending and why?

Kindle Fire

Amazon has introduced a new range of Kindle Fire tablets aimed at rivalling the iPad.  The new “Kindle Fire HD” is available in  either a  7 inch version, priced at $199 in the US, or in the UK at £159  or a 8.9 inch version at $299 – which won’t go on sale in the UK.  You can read more about the new models here.

Osborne, North Sea

The Chancellor, George Osborne, has introduced a tax break for old oil and gas fields, in order to “give companies the incentive to get the most out of older fields, creating jobs and delivering more revenue for taxpayers.”

The new Brown Field Allowance is expected to shield up to £250m of income from some projects in brown field sites, he said, adding it will shield up to £500 million of income from the charge when firms are boosting production from established oil or gas fields.

The deputy business editor of The Sunday Times,  Iain Dey, tweets: “New tax break on North Sea oil = good news. Yet further evidence that UK has most unpredictable tax regime anywhere in world for #oil firms.”

#Bestival

Bestival, the annual Isle of Wight festival is now on, and the festival-goers are tweeting merrily about the sunny weather and animal costumes, even though not everything has gone precisely to plan so far: Bestival Founder, BBC radio 1 presenter and all-round nice guy, Rob da Bank tweets: “Surprise act in big top today ain’t happening people..make ur own surprises! plenty else to do tho..see u out there #Bestival #wildlife”

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