News archive from 15 October 2014

Blast in downtown Cairo wounds 12

Last month, a bomb blast near the Egyptian foreign ministry killed three policemen in the worst attack in central Cairo for months. Islamist militant group Ajnad Misr claimed that attack. Egypt has faced rising Islamist militant violence since then...

 
Cygnus gas project is £1bn boost for North Sea

Cygnus gas project is £1bn boost for North Sea

THE giant Cygnus gas project will create or secure almost 1,500 Scottish jobs and pump more than £1 billion into the UK economy, according to a report published to mark the start of drilling at the North Sea site. The study by Oxford Economics for...

Scotsman, 00:05 in Business
 
Only 40% of rate swap mis-selling cases settled

Only 40% of rate swap mis-selling cases settled

LESS than 40 per cent of the £4 billion bill set aside to compensate businesses mis-sold complex rate swaps has been paid out by Britain's big banks, figures out yesterday revealed. The Financial Conduct Authority (FCA) said £1.54bn in compensation...

Scotsman, 00:05 in Business
 
Builder Bellway may divide Scottish arm

Builder Bellway may divide Scottish arm

BELLWAY is considering splitting its Scottish operations into two divisions after booming house sales made it one of the builder's best-performing areas. Speaking after reporting a 75 per cent jump in annual profits, chief executive Ted Ayres said...

Scotsman, 00:05 in Business
 
OMGI planning to open office in Edinburgh

OMGI planning to open office in Edinburgh

OLD Mutual Global Investors (OMGI) is set to open an office in Edinburgh after hiring a team of fixed income specialists from Glasgow-based rival Ignis Asset Management. Russ Oxley, former head of rates at Ignis, is leaving the business following its...

Scotsman, 00:05 in Business
 
Three Tesco execs suspended as inquiry continues

Three Tesco execs suspended as inquiry continues

TESCO has suspended another three executives amid the inquiry into its £250 million overstatement of profit expectations. The move brings to eight the number of people asked to step aside since an investigation into the error was launched last month...

Scotsman, 00:05 in Business
 
Mulberry sees profits wither by 17%

Mulberry sees profits wither by 17%

A PROFIT warning from Mulberry saw shares in the luxury goods group, best known for its leather handbags, fall heavily yesterday. Although the firm said a range of bags developed with model Cara Delevingne, pictured, had received a positive reaction,...

Scotsman, 00:05 in Business
 
Cheapest tickets in the English game have risen by 13% since 2011

Cheapest tickets in the English game have risen by 13% since 2011

Despite continuing protests from fans’ groups about the rising cost of football, the average price of the cheapest tickets across the English game has risen by 13% since 2011. According to new figures compiled by the BBC’s annual Price of Football...

Guardian, 00:06 in Sport
 
Scots swimming pools get underwater CCTV cameras

Scots swimming pools get underwater CCTV cameras

PLANS to install underwater CCTV cameras in swimming pools as part of a "public safety" drive by a local authority have been criticised by privacy campaigners. Moray Council intends to become the first local authority in Scotland to install...

Scotsman, 00:06 in Politics
 
Labour sets out plan to reach 200,000 homes-a-year target

Labour sets out plan to reach 200,000 homes-a-year target

Ed Balls, the shadow chancellor, has promised a boost in capital spending on social and council housing to make it possible to reach Labour’s target of 200,000 new homes a year by 2020 – the centrepiece of Labour’s long-awaited Lyons review into the...

Guardian, 00:06 in Business
 
UK only G7 country with wider inequality than at turn of century

UK only G7 country with wider inequality than at turn of century

Britain is the only country in the G7 group of leading economies where inequality has increased this century, according to a report published on Tuesday. The amount of the country’s wealth controlled by the richest 10% increased to 54.1% this year, up...

Guardian, 00:06 in Business
 
Fears of triple-dip eurozone recession as Germany cuts growth forecasts

Fears of triple-dip eurozone recession as Germany cuts growth forecasts

Germany has slashed its growth forecasts for this year and 2015, sparking calls for a public spending boost to prevent the eurozone falling into a triple-dip recession. Berlin now expects growth of just 1.2% this year and the same in 2015, it said on...

Guardian, 00:06 in Business
 
Former director Dave King confident he’ll take charge of Rangers

Former director Dave King confident he’ll take charge of Rangers

In another unexpected twist in the fight for supremacy in the Ibrox board room, the former director yesterday flew into Glasgow for talks with chairman David Somers, chief executive Graham Wallace and other directors. Wallace and fellow director...

 

Revealed: The staggering cost of following your team as Premier League and Football League ticket prices...

Football fans continue to be squeezed for every penny by inflation-busting ticket price rises, a survey into the staggering cost of following your team has revealed. The cheapest match-day ticket price across the top four divisions of English football...

Daily Mail, 00:09 in Sport
 

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Fill the grid so that every row, every column and every 3x3 box contains the numbers 1 to 9. For a helping hand call our solutions line on 09068 338 228. Calls cost 60p per minute at all times. Service supplied by ATS. Buy the next issue of the...

 


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