That stock News

Sunday Telegraph has learned that frames on the site Web of popular social conversation - has proved a success, with President Barack Obama and Stephen Fry, among others - met real estate agents in London last week.

Twitter representatives are known to visited websites in the West End and adjacent properties in London of the so-called "Silicon roundabout.

It is understood that Twitter is under pressure to select Office near "Silicon roundabout", more commonly known as the street of the old roundabout - of which the Government is committed to 400 m ￡ funding to create a new "Tech city" and encourage innovation in American style.

Office in London for Twitter, which will open next year, will be used at the head of European operations for the company. It will be used primarily as a sales office as Twitter tries to turn his popularity in money from advertising and sponsored tweets. Currently announcements are only sold around the world, but it is understood has plans to sell space on a basic country by country.

Office, Twitter first outside of the United States will be led by Katie Jacobs Stanton, new Director of international strategy company and Special Advisor to the Department Office of State innovation.

A spokesman for Twitter said: "there were few of us in London this week." We envision London and other European locations to create a small initial presence in 2011. ?

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The IES said officials took a tougher line on either seeking businesses postpone more ?1m tax or request further extensions on small amounts of tax payments. Photo: PA

HM Revenue & customs said "application underlying" fell for the scheme, which saw companies postpone ￡ 6 supported tax since its inception in November 2008 as a key initiative to help companies with problems of cash during the recession.

However, the official figures released Friday showed that the percentage of applications are dismissed had spent 2 6pc 5 2pc 2009 this year.

The Daily Telegraph has calculated that, for three months, this rate increased to 7 4pc.

Philip White, Executive Director of the firm financial Syscap, said: "it is clear confirmation that ies makes it more difficult for undertakings to postpone payment of tax and the effect is gradually wind regime."

Hui said he had not been any change to the criteria to be eligible to postpone the VAT, tax on corporations, CAFE or income tax.

But a spokesman said officials took a tougher line on either seeking businesses more than ￡ 1 m tax reporter or request further extensions on small amounts of tax payments.

"The area where you have seen down us more difficult is the repetition of arrangements.Nous ask for more information, and we will not need accept the request,"he said.""

"We will be asking what else did you fact trade your way to your cash flow difficulties."

The figures go a way to allay the fears of accountants that ies were quickly winding on the scheme, with more than 26 000 applications approved during the last three months covering more than 460 m ￡ tax.

However, the amounts are significantly lower than the applications approved at the peak of the month of January 2009.

A second surge in demand was observed in January of this year, with 26,800 applications, largely related to deadlines for payment of VAT and income tax.

Said IES applications extend VAT representing half 371,200 applications carried out since November 2008.En September, these applications have been running 57pc observed level last year.

The amount of tax-deferred basis being reimbursed by the companies dropped 400 m ￡ per month at its peak in March 2009 to 160 million to ￡ in September.

Some ￡ 970 tax m were still pending at the 1st octobre.IES has already said it expects to collect at least 90pc of any tax differs.

The insolvency experts said they remain concerned that a large number of undertakings in financial difficulty may have due to the HMRC will continue to spread the tax arrears.

"If a company asked more than an hour agreement payment or an other extension on their agreed repayment plan, indicating their financial difficulties can be extremely serious," said Frances Coulson of R3, the Organization of business insolvency.

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