You know the sort of thing - the inevitable 'what will happen next year' discussion that takes place at this time of the year.

Chris Steel in Jersey , whilst in light hearted mood after obtaining his Open University degree, made his contribution in a recent email exchange - he says 2007 will be the year when a space station is set up from which to run all those offshore operations that are finding it harder and harder to find a home here on earth.

As this should suit the Big 6's desire for global accounting without borders what's really worrying about his suggestion is that I bet someone is thinking about how to do it.