News archive from 5 January 2013

Travel insurance claims process criticised

Travel insurance claims process criticised

A leading travel insurer has been criticised for asking for customers' bank account and credit card details when they make any claim. Saga said it seeks a contribution if a client has overlapping insurance with another provider. The company said it...

BBC, 00:05 in Business
 
Interview: Alexander McCall Smith on the ideas that underpin his series 44 Scotland Street

Interview: Alexander McCall Smith on the ideas that underpin his series 44 Scotland Street

EVEN when you interview writers as often as I do, when you have read almost everything they have published, there are still some things about their work that you often don't find out. Sometimes they don’t want to talk about them. Those two o’clock in...

 
Book review: Bang! A History of Britain in the 1980s by Graham Stewart

Book review: Bang! A History of Britain in the 1980s by Graham Stewart

THE first new television channel to be created by Margaret Thatcher's Conservative government was Channel Four. Bang! A History of Britain in the 1980s by Graham Stewart Atlantic Books, 560pp, 
£25 A national commercial independent station which would...

 
Book review: The Pike: Gabriele D’Annunzio – Poet, Seducer And Preacher Of War by Lucy Hughes-Hallett

Book review: The Pike: Gabriele D’Annunzio – Poet, Seducer And Preacher Of War by Lucy Hughes-Hallett

THERE are certain authors - Ezra Pound, Knut Hamsun, Louis-Ferdinand Celine and Yukio Mishima come to mind first - whom any biographer will have to spend long nights of hard thinking to deal with their sometimes merely stupid and sometimes actually...

 

Book review: Grace: A Memoir by Grace Coddington

THE arrival of Grace Coddington's dishy memoir can be traced back to RJ Cutler's 2009 documentary about the inner workings of Vogue magazine. Grace: A Memoir by Grace Coddington Chatto & Windus, 416pp, £25 Although Anna Wintour, the magazine’s...

 
Book review: Wild by Cheryl Strayed

Book review: Wild by Cheryl Strayed

IT'S NOT very manly, the topic of weeping while reading. Wild by Cheryl Strayed Atlantic, 336pp, £12.99 Yet for a book critic tears are an occupational hazard. Luckily, perhaps, books don’t make me cry very often – I’m a thrice-a-year man, at best....

 
Images of Scotland: Cruach Ardrain

Images of Scotland: Cruach Ardrain

ROBBIE McFedries took this photograph up Cruach Ardrain in the Highlands when the sun was caught behind the plume of spindrift on the summit View more images of Scotland on our Facebook page • To submit your picture for publication online or in The...

 
US tax fine brings down 270-year-old Swiss bank

US tax fine brings down 270-year-old Swiss bank

SWITZERLAND'S oldest private bank is to close after pleading guilty to US charges of helping wealthy Americans evade taxes through secret accounts. Wegelin & Co, founded in 1741, agreed a $57.8 million (£36m) fine for helping clients to avoid...

Scotsman, 00:05 in Business
 
Co-op penalised by City regulator over ‘serious’ PPI claim failings

Co-op penalised by City regulator over ‘serious’ PPI claim failings

THE CITY watchdog has fined Co-operative Bank £113,300 for "serious failings" in the way it handled claims for compensation relating to mis-sold payment protection insurance (PPI). The penalty is believed to be the first levied on the bank...

Scotsman, 00:05 in Business
 
RBS set to face £400m Libor hit

RBS set to face £400m Libor hit

ROYAL Bank of Scotland could be slapped with a £400 million fine as a result of investigations into the Libor fixing scandal, bringing the bank's total full-year loss to £1.4 billion, an analyst has claimed. Ian Gordon at Investec said the fine over...

Scotsman, 00:05 in Business
 

FLS gives fillip to home loans

Mortgage approvals climbed to a ten-month high in November in a further sign that an £80 billion scheme to boost lending is beginning to make progress. Bank of England figures showed there were 54,036 
approvals for house purchases during the month...

Scotsman, 00:05 in Business
 
Services slowdown stokes recession fear

Services slowdown stokes recession fear

BRITAIN'S economy is likely to have slipped into reverse, experts warned yesterday, after the powerhouse services sector shrank last month for the first time in two years. Economists said the slump, combined with mixed manufacturing and construction...

Scotsman, 00:05 in Business
 
TV tie–up: Ant & Dec to front latest Morrisons adverts

TV tie–up: Ant & Dec to front latest Morrisons adverts

MORRISONS is hoping an advertising tie-up with television presenters Ant & Dec will help halt a slide in market share to its big rivals as well as discounters Aldi and Lidl. In November the 482-store grocer posted a worsening sales decline and...

Scotsman, 00:05 in Business
 

£1m E-Net loss as Rasul pays off bank debt out of his own pocket

E-NET Computers, the Edinburgh company which made a fortune for the high-profile entrepreneur Shaf Rasul, has reported its second year of losses with a £1 million pre-tax deficit. Rasul, former star of an online offshoot of popular TV series Dragons’...

Scotsman, 00:05 in Business
 

Johnson growth pushes shares up

SHARES in dry cleaning chain Johnson Service hit a five-year high yesterday after it revealed its remaining 360 outlets had shown "modest" sales growth in 2012. Last year the company took tough measures by closing 100 underperforming stores....

Scotsman, 00:05 in Business
 


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