News archive from 11 July 2014

North Sea oil ‘worth billions less than expected’

North Sea oil ‘worth billions less than expected’

THE body responsible for independent analysis of the UK's public finances yesterday dramatically reduced its forecasts for North Sea oil revenue over the next two-and-a-half decades. The Office for Budget Responsibility (OBR) has revised its...

Scotsman, 00:01 in Politics
 
Unions claim public sector ‘crippled’ after strike

Unions claim public sector ‘crippled’ after strike

HUNDREDS of thousands of public sector employees have taken part in a strike across the UK over a controversial pay freeze. Teachers, firefighters and council workers were among those involved in yesterday’s walk-out, which follows disputes with the...

Scotsman, 00:01 in Politics
 
Scottish independence: UBS warns of savings shift

Scottish independence: UBS warns of savings shift

ONE of Europe's biggest banks has warned that savers may move their money south of the Border in the event of a yes vote. Analysts at UBS predict that an independent Scotland will be unlikely to have a currency union with the UK, meaning deposits...

Scotsman, 00:01 in Politics
 
Campaign calls for choice on Queen as head of state

Campaign calls for choice on Queen as head of state

THE Queen should be removed as the head of state if Scotland votes for independence, anti-monarchist campaigners will claim at a conference this weekend. Campaign group Republic is holding its annual event in Edinburgh for the first time, with a theme...

Scotsman, 00:01 in Politics
 
Joyce McMillan: Closing ranks at Westminster

Joyce McMillan: Closing ranks at Westminster

Until there is real representation, voters will see Westminster as a place of elitism and cronyism, writes Joyce McMillan The world turns, and what was once hidden is revealed to public view; yet few would have guessed, a generation ago, that one of...

Scotsman, 00:01 in Politics
 
Botched Royal Mail sale lost taxpayer £1bn

Botched Royal Mail sale lost taxpayer £1bn

Taxpayers have lost £1 billion over the privatisation of Royal Mail because the UK Government underestimated demand for shares, a committee of MPs has reported. Ministers were accused of being afraid to fail over the controversial sell-off last year,...

Scotsman, 00:02 in Hot News
 
Why the Royal Mail sell-off proved a right royal rip-off

Why the Royal Mail sell-off proved a right royal rip-off

The taxpayer lost billions in the sale of an under-valued Royal Mail. Photograph: Hartshead Services Ministers' fear of failure and poor advice from City advisers were two reasons why taxpayers were ripped off in the privatisation of the Royal Mail,...

Guardian, 00:03 in Business
 
Wonga: Church of England finally severs financial links

Wonga: Church of England finally severs financial links

The Church of England held a £75,000 stake in the company through a complex series of venture capital funds. Photograph: Rui Vieira/PA The Church of England has finally cut its financial links with Wonga, the controversial payday lender, it was...

Guardian, 00:03 in Business
 
NHS anti-obesity plans could lead to sharp rise in gastric band surgery

NHS anti-obesity plans could lead to sharp rise in gastric band surgery

Nice is proposing lowering the body mass index threshold for considering gastric band surgery in cases of newly diagnosed type 2 diabetes. Photograph: Anthony Devlin/PA More than 800,000 additional people could be considered for gastric bands or other...

Guardian, 00:06 in Health
 
One alcoholic drink a day could raise risk of heart disease, study finds

One alcoholic drink a day could raise risk of heart disease, study finds

Previous studies showed that drinking 12 to 25 units of alcohol a week could be good for your heart. Photograph: Alamy One alcoholic drink a day could be enough to increase the risk of heart disease, according to research contradicting claims that low...

Guardian, 00:06 in Health
 
Obesity: Thousands of Scots undergoing amputations

Obesity: Thousands of Scots undergoing amputations

ONE hundred Scots a month are having limbs amputated as a result of obesity, costing the NHS around £60 million a year. New government figures reveal that 4,707 Scots had limbs removed in the past four years as a result of diabetes or periphery...

Scotsman, 00:06 in Health
 
European official commits to safeguarding NHS in EU-US trade deal

European official commits to safeguarding NHS in EU-US trade deal

A new EU-US trade deal could add another £4bn a year into the UK economy, but it has prompted fears NHS services will be threatened by privatisation. Photograph: Dominic Lipinski/PA Campaigners for a new EU-US trade deal, which could add an extra £4bn...

Guardian, 00:06 in Health
 
Home of deep-fried Mars bar to lead low-fat charge

Home of deep-fried Mars bar to lead low-fat charge

Low-fat cakes and cheeses which taste just as good as full-fat products could be heading for supermarket shelves within two years thanks to Scottish 
research. Teams at Heriot-Watt University and the University of Edinburgh have been...

Scotsman, 00:06 in Health
 
E-cigarettes ‘uncool’ but teenagers still try them

E-cigarettes ‘uncool’ but teenagers still try them

Two-thirds of teenagers have branded electronic cigarettes "not cool" - despite many admitting having sampled the stop-smoking aid. Nearly a quarter of 13- and 14-year-olds have tried e-cigarettes and close to half of 15- to 18-year-olds...

Scotsman, 00:06 in Health
 

U.S. House panel approves bill to rein in patent fights

The Energy and Commerce Committee subcommittee on Commerce, Manufacturing and Trade voted 13-6 to approve a draft of the Targeting Rogue and Opaque Letters Act, or TROL Act. It will next be considered by the full committee. The bill has provoked...

 


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