News archive from 22 July 2013

Comment: Hope on horizon, but Detroit is a warning

Comment: Hope on horizon, but Detroit is a warning

A new record high for the US stock market, but the city of Detroit in bankruptcy: two astonishing sides to the paradox of modern America. How could its once great industrial city present itself as a failed city state, while one of the iconic...

Scotsman, 00:05 in Business
 
US tie translates into big opportunity for Lingo24

US tie translates into big opportunity for Lingo24

Web translation company Lingo24 has signed a deal with a company in New York which will extend its use by global brands and boost its US fund-raising efforts. The Edinburgh-based firm has established a partnership with US-based translation management...

Scotsman, 00:05 in Business
 
British web shoppers look abroad

British web shoppers look abroad

British online shoppers are increasingly looking to foreign websites for deals as international barriers to selling are broken down. The latest figures on the use of retailers’ websites from the British Retail Consortium (BRC) show online shopping...

Scotsman, 00:05 in Business
 
Founder saves Optical Express from collapse

Founder saves Optical Express from collapse

OPTICAL Express has been saved from the fate of a flurry of collapsed retailers by an eleventh-hour cash injection from its Scottish chairman and founder. David Moulsdale, the son of a Glasgow taxi driver, mounted the rescue after Royal Bank of...

Scotsman, 00:05 in Business
 
Sunny boost for economy as GDP rises

Sunny boost for economy as GDP rises

FIGURES due this week are expected to show Britain's economy is on the mend, adding extra shine to a nation already basking in glorious weather and sporting success. Economists are forecasting gross domestic product (GDP) to have grown by about 0.7...

Scotsman, 00:05 in Business
 

Fusion strikes with £100,000 conversion

EVENTS and venues operator Fusion Group has unveiled plans for its latest investment, just days after opening a property in Dunblane. The Grangemouth-based group plans to pump £100,000 into its Logierait Lodges
development near Pitlochry by
turning a...

Scotsman, 00:05 in Business
 
Analysis: Fertile ground for land reform debate

Analysis: Fertile ground for land reform debate

A MONTH has now passed since Richard Lochhead announced that the investigation into farm tenancy legislation would include allowing tenants the right to buy their properties. Coming unexpectedly as it did, it produced a flurry of reaction from those...

Scotsman, 00:05 in Business
 

Week ahead: TV and broadband leaves scars

Telecoms giants BT and British Sky Broadcasting will lock horns again in the battle for broadband and pay-television customers when they update the City on trading this week. Quarterly figures from BT on Thursday will be pitted against full-year...

Scotsman, 00:05 in Business
 

Creditors set to take control of Hibu

The owner of Yellow Pages is reportedly poised to be seized by its lenders in a deal set to wipe out shareholders in the group. Hibu – which changed its name from Yell last year – is said to be in talks over a complex debt-for-equity deal that will...

Scotsman, 00:05 in Business
 
Don’t dismiss teenagers’ unhappiness, report warns

Don’t dismiss teenagers’ unhappiness, report warns

British youngsters are becoming increasingly unhappy - and their lower well-being should not be dismissed as "teen grumpiness", the Children's Society warns today. Younger teenagers are the worst affected, according to the charity, which...

Scotsman, 00:08 in Hot News
 
Two Brit tourists killed by helicopter in Russia

Two Brit tourists killed by helicopter in Russia

TWO British tourists on a fishing trip have died along with their tour guide after being struck by a helicopter as it took off in Russia. The two men, both in their 60s, had just been dropped off by the helicopter when it went to take off and tipped...

Scotsman, 00:08 in Hot News
 
Woolwich: ‘Prison officers knocked out teeth’ claim

Woolwich: ‘Prison officers knocked out teeth’ claim

Woolwich murder suspect Michael Adebolajo was pushed heavily against a window by prison officers, knocking out two of his teeth, his brother has claimed. Jeremiah Adebolajo revealed in an interview that he speaks to his brother almost daily, and had...

Scotsman, 00:08 in Hot News
 
David Cameron hints at tax cuts after 2015

David Cameron hints at tax cuts after 2015

DAVID Cameron has indicated that taxes will be cut if the Conservatives win a majority at the next UK general election. The Prime Minister said he wanted to “give people back some of their hard-earned money” – the strongest hint yet that his party...

Scotsman, 00:08 in Hot News
 
Paul Gascoigne in railway station assault charge

Paul Gascoigne in railway station assault charge

Former Rangers and England footballer Paul Gascoigne has been charged with two counts of common assault following an incident at a railway station. British Transport Police (BTP) said the ex-footballer had also been charged with being drunk and...

Scotsman, 00:08 in Hot News
 
Red wine ‘not good for older men’

Red wine ‘not good for older men’

Older men who enjoy a glass of red wine are undoing the benefits of any regular exercise, warns a new study. Researchers have found that a compound in red grapes, including red wine, counteracts exercise benefits in older men. In older men, a natural...

Scotsman, 00:08 in Hot News
 


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