News archive from 16 July 2013

Firefighters called to out of control barbecue near Hook

Firefighters called to out of control barbecue near Hook

A family fun day at the Westfield Banks Sports Complex on Saturday, July 13, got a little heated. Firefighters were called out to the Westfield Lane site near Hook at 1.29pm to reports of an out of control barbecue. Officers used a dry powder...

 
Peter Jones: Clocking the vital gap in the market

Peter Jones: Clocking the vital gap in the market

HISTORY proves the UK has no shortage of successful inventors, we simply lack the will to back their ideas, writes Peter Jones. What to do to get the economy firing on all cylinders again? A brilliant new discovery that leads to a big new industry, or...

Scotsman, 00:00 in Politics
 
Know your enemy – and pace your response

Know your enemy – and pace your response

REPORTS circulated yesterday suggested that shadowy "senior sources" in the UK coalition government are confident and are pre-empting a No vote in next year's referendum, which remains over a year away. Given the current favoured narrative...

Scotsman, 00:00 in Politics
 
'Brexit': IEA offers prize for UK exit plan from EU

'Brexit': IEA offers prize for UK exit plan from EU

The Institute of Economic Affairs (IEA) has announced that it is holding a competition to find the best plan for a UK exit from the European Union. The free-market think tank said it would award its Brexit Prize to whoever came up with the best...

BBC, 00:03 in Business
 
Economists ponder €100,000 question: what's best for Britain after an EU exit?

Economists ponder €100,000 question: what's best for Britain after an EU exit?

David Cameron has promised a referendum on the European Union if he wins the general election. Photograph: Stefan Wermuth/Reuters It is not quite a million-dollar question, but economists have a new €100,000 topic to tackle – a thinktank is putting up...

 
Sale on: Quango confirms Lloyds move

Sale on: Quango confirms Lloyds move

UKFI, the quango which owns the taxpayers' stake in bailed out banks, has confirmed it will sell its stake in Lloyds Banking group in tranches. In its annual report, the body said that “the prospects for commencing a broad-based sell-down of the...

Scotsman, 00:06 in Business
 
Clyde Union pumps business sees upturn in fortune

Clyde Union pumps business sees upturn in fortune

Clyde Union, part of the pumps business sold by Jim McColl's business empire to US-based SPX in 2011, saw its losses narrow last year, with a key executive leaving and jobs cut. 
The company, which last month announced a further 160 jobs were at risk...

Scotsman, 00:06 in Business
 
Cupid in £45m deal to sell sites to co-founder

Cupid in £45m deal to sell sites to co-founder

CUPID yesterday agreed to sell its "casual dating" business - including sites such as Benaughty.com and Flirt.com - to co-founder Max Polyakov in a deal worth £45.1m. The Edinburgh-based firm had revealed in May that it was in talks with...

Scotsman, 00:06 in Business
 
Rogue bosses intervention ‘set dangerous precedent’

Rogue bosses intervention ‘set dangerous precedent’

Vince Cable has been urged to avoid a "piecemeal" approach to regulating directors as he seeks to increase trust in business. The Business Secretary, who yesterday unveiled a series of measures aimed at improving corporate transparency, said...

Scotsman, 00:06 in Business
 

Mountain Warehouse profits shine in all weather

Outdoor chain Mountain Warehouse plans to open a further 40 stores after demand for waterproofs and wellies in last year's washout summer sent profits soaring by 75 per cent. The group announced pre-tax profits of £7.6 million for the year to the end...

Scotsman, 00:06 in Business
 

New collection lifts H&M sales

Fashion chain H&M has reported its strongest underlying sales growth since September in a further sign of a revival on the high street. The Swedish group, which has been building its presence in the UK, said the solid showing in June had been...

Scotsman, 00:06 in Business
 

MEPs spark fury with call for fresh CAP discussions

Threats made last week by the European Parliament's agricultural committee that MEPs might want to reopen aspects of the recently agreed common agricultural policy (CAP) came under strong attack yesterday at a meeting of the European Union...

Scotsman, 00:06 in Business
 

Science will prove if beef is really Scottish

A MAJOR initiative to authenticate the provenance of beef labelled as Scotch or Scottish is to be launched by the Food Standards Agency in Scotland. The move comes in the wake of the horsemeat scandal and will use the latest scientific techniques to...

Scotsman, 00:06 in Business
 

Buyout for Dundee engineer

INVESTMENT group Foresight has taken a majority stake in Dundee-based precision engineer Aerospace Tooling (ATL) in a £3.5 million "buy-in management buyout" (bimbo) deal. The debt and equity investment will see the company’s founder, John...

Scotsman, 00:06 in Business
 
Third of young unemployed fears lifetime on dole

Third of young unemployed fears lifetime on dole

A THIRD of young people not in work, education or training fear they will never get a job, according to a new report. A poll of 1,000 16- to 24-year-olds carried out for the University and College Union (UCU) found growing despondency about the job...

Scotsman, 00:07 in Hot News
 


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