I have the .co.uk domain for my business website, and 

managed to get the .com a couple of years ago. I hated seeing

the English gardening companies website next to mine, especially

as it would crash my computer everytime I checked it out, and probably

everyone elses.

 It now needs renewing again, - Is there some way I can benefit from having

this domain. Or should I just sit on it.    

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if you've got the domain why not set up another website to promote your comany, two websites can only be good for your business

I would hold onto it, its only a few quid a year. Why not just redirect it to your main website

I agree with Robbie, just redirect it, which might even be free with your hosting company if you bought the name through them. I do this with myname.com i.e. www.benedictgreen.com which just goes to my main site. This way I hold on to it for the future and it's useful if someone googles my name. 

Whatever you do, don't set up an identical or too similar site as your main website as Google considers this 'black hat' and you'll disappear from the search pages and it'll be difficult and time consuming to get back on. Make sure it's a totally different site.

Yup, I echo the others, don't pay for hosting and set it up on redirect, if you don't know how then contact your website / domain support and they will be able to do it for you. J

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