bdNorth East.co.uk

Chestnut Finance

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50 Borough Road
Darlington, Co. Durham
DL1 1SW


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Financial Intermediation

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chestnut

1. any of the several deciduous trees constituting the genus Castanea, of the beech family, having toothed, oblong leaves and bearing edible nuts enclosed in a prickly bur, and including C. dentata , which has been virtually destroyed by the chestnut blight, C. sativa , C. mollissima , and C. crenata .
2. the edible nut of such a tree.
3. the wood of any of these trees.
4. any fruit or tree resembling the chestnut, as the horse chestnut.
5. reddish brown.
6. an old or stale joke, anecdote, etc.
7. the callosity on the inner side of the leg of a horse. See diag. under horse.
8. a reddish-brown horse having the mane and tail of the same color. Cf. bay5 .
9. Also called liver chestnut. a horse of a solid, dark-brown color.
10. pull someone''s chestnuts out of the fire, to rescue someone from a difficulty.
1. chestnut, wood
usage: wood of any of various chestnut trees of the genus Castanea
2. chestnut, chestnut tree, tree
usage: any of several attractive deciduous trees yellow-brown in autumn; yield a hard wood and edible nuts in a prickly bur
3. chestnut, edible nut
usage: edible nut of any of various chestnut trees of the genus Castanea
4. chestnut, callus
usage: a small horny callus on the inner surface of a horse''s leg
5. chestnut, horse, Equus caballus
usage: a dark golden-brown or reddish-brown horse

finance

1. the management of revenues; the conduct or transaction of money matters generally, esp. those affecting the public, as in the fields of banking and investment.
2. finances,the monetary resources, as of a government, company, organization, or individual; revenue.
1. finance, pay
usage: obtain or provide money for; "Can we finance the addition to our home?"
2. finance, credit
usage: sell or provide on credit
1. finance, commercial enterprise, business enterprise, business
usage: the commercial activity of providing funds and capital
2. finance, economics, economic science, political economy
usage: the branch of economics that studies the management of money and other assets
3. finance, management, direction
usage: the management of money and credit and banking and investments
In the UK, the Chancellor of the Exchequer delivers an annual Budget speech on Budget Day, outlining changes in spending, as well as tax and duty. The changes to tax and duty are passed as law, and each year form the respective Finance Act. For example, changes to the law as a result of Gordon Brown''''s 2004 Budget form the Finance Act 2004.

The rules governing the various taxation methods are contained within the relevant taxation acts. For instance Capital Gains Tax Legislation is contained within Taxation of Chargeable Gains Act 1992. The Finance Act details amendments to be made to each one of these Acts. The main taxes are Excise Duties; Value Added Tax; Income Tax; Corporation Tax; and Capital Gains Tax.

darlington

Darlington is a town in the ceremonial county of County Durham, England, and the main population centre in the Borough of Darlington. Darlington has a population of 97,838 as of 1997. On 1 April 1997, the Borough of Darlington became a unitary authority area, which separated it from the non-metropolitan county of Durham for administrative purposes.
Darlington is known for its associations with the birth of railways. This is celebrated in the town at Darlington Railway Centre and Museum. The world''s first passenger rail journey was between Shildon and Stockton-on-Tees via Darlington, on the Stockton and Darlington Railway in 1825.

The town later became an important centre for railway manufacturing, with three significant works. The largest of these was the main line locomotive works, known as North Road Shops, opened in 1863 and closed in 1966. Another was Robert Stephenson & Co. , who moved to Darlington from Newcastle upon Tyne in 1902, became Robert Stephensons & Hawthorns in 1937, were absorbed by English Electric around 1960, and closed by 1964. The third was Faverdale Wagon Works, established in 1923 and closed in 1962, which in the 1950s was a UK pioneer in the application of mass-production techniques to the manufacture of railway goods wagons.
To commemorate the town''s contribution to the railways, David Mach''s 1997 work "Train" is located alongside the A66, close to the original Stockton-Darlington railway. It is a life-size brick sculpture of a steaming locomotive emerging from a tunnel, made from 185,000 "Accrington Nori" bricks. The work had a budget of £760,000.
The Great North Road, now known as the A1, used to run directly through the centre of Darlington. The road has since been diverted to the west of the town; the original route is now the A167 via North Road in the town centre. The £5.9 m five-mile A66 Darlington Eastern Bypass opened on November 25, 1985 and is currently undergoing major reconstruction in an effort to reduce congestion at rush hour. The Darlington Eastern Transport Corridor, linking Central Park north-east of the town centre to a new roundabout on the A66, was opened in the summer of 2008. The A1 Darlington Bypass opened in May 1965.