News archive from 26 December 2012

UK overtakes Brazil in world league table

UK overtakes Brazil in world league table

BRITAIN has re-taken sixth spot in the world economic league table from Brazil following the weakness of the South American country's currency, according to rankings published today. The weakness in the real is expected to continue, with the UK tipped...

Scotsman, 00:04 in Business
 
LSE seals takeover of LCH.Clearnet but at lower price

LSE seals takeover of LCH.Clearnet but at lower price

The London Stock Exchange has cut its offer for a 60 per cent stake in trans-
atlantic clearing house LCH.Clearnet by a quarter to €366 million (£300m) to reflect new capital requirements. The companies said on Monday they agreed a new price...

Scotsman, 00:04 in Business
 
Boost Juice Bars targets Scotland after Business Growth Fund injects £2.5m

Boost Juice Bars targets Scotland after Business Growth Fund injects £2.5m

A JUICE bar chain with more than 280 shops around the world is eyeing up sites for its first move into Scotland after securing an investment from the £2.5 billion Business Growth Fund (BGF). Boost Juice Bars UK – which is run by Richard and Dawn...

Scotsman, 00:04 in Business
 
Triple-dip in prospect as British economy zig-zags to recovery

Triple-dip in prospect as British economy zig-zags to recovery

The longest double-dip recession since the 1950s may have just ended but fears are already rising that the UK economy will enter triple-dip territory in 2013. The Bank of England now thinks it is likely the UK economy will contract in the fourth...

Scotsman, 00:04 in Business
 

Rosneft secures TNK–BP loan deals

Russian oil giant Rosneft has signed two loan agreements with a group of international banks for $16.8 billion (£10.4bn) to finance the acquisition of a 50 per cent stake in TNK-BP from BP. Barclays is understood to be the only British bank to sign up...

Scotsman, 00:04 in Business
 

Profits felled at biggest sawmill firm

BSW Timber, Britain's biggest sawmill operator, saw pre-tax profits for the year to March fall to £6.8 million from £17.2m in the previous period. The Berwickshire-based company, which operates six sawmills in the UK and one in Latvia, said sales rose...

Scotsman, 00:04 in Business
 
Unhappy new year in store for retailers, say experts

Unhappy new year in store for retailers, say experts

BOOKSHOPS, chemists and off-licences are among 13,700 "zombie" businesses wracked by "significant" financial distress this Christmas, a new report claims. The number of companies experiencing “significant” troubles has risen by 35...

Scotsman, 00:04 in Business
 

Aortech reaches £2.4m settlement

AorTech International, the former darling of Scotland's life sciences sector, has settled its long-running dispute with customer St Jude Medical. Under the agreement, which resolves an argument over the supply of Aortech’s “Elast-Eon” plastics for use...

Scotsman, 00:04 in Business
 
Brian Wilson: Let’s keep an open mind on energy

Brian Wilson: Let’s keep an open mind on energy

Fracking may, or may not, play a key role in our future power needs, but it's much too soon to write it off, argues Brian Wilson The politics of energy are permanently fascinating, but current developments have implications that go far beyond the...

 

Co–operative effort to fund solar power

A COMMUNITY is helping to raise £390,000 to instal solar panels on hundreds of houses. A community share issue, supported by the Co-operative Enterprise Hub, has been launched so that the first phase of the solar power scheme can start in Newport,...

 

‘Step forward’ for
greener Scotland

Around half of Scotland's councils are helping residents go green by providing food waste recycling services, environment secretary Richard Lochhead has said. Seventeen of the country’s 32 local authorities collect household food waste which allows...

 

Wind farm reporter
will take to skies

A SCOTTISH Government reporter is to take to the skies before deciding if a wind farm should be build near the Cairngorm National Park. Jill Moody is to take a helicopter trip over the site in the new year – and also walk the hills – to assess the...

 
Images of Scotland: Ben Ledi from Loch Lubnaig

Images of Scotland: Ben Ledi from Loch Lubnaig

David Hughes sent in this stunning image of Ben Ledi, taken from Loch Lubnaig, near Callander View more images of Scotland on our Facebook page • To submit your picture for publication online or in The Scotsman email readersgallery@scotsman.com

 
2012 review: Ten words that dominated Scots politics

2012 review: Ten words that dominated Scots politics

The first three months of the year provided drama and tragedy, writes Stephen McGinty JANUARY MARY, Queen of Scots said: “In my end is my beginning”. Future historians may decide that, for the United Kingdom, the beginning of the end came with the...

 
Back in time: Royal Mail celebrates 50 years of the Doctor

Back in time: Royal Mail celebrates 50 years of the Doctor

The 50th anniversary of TV favourite Doctor Who will be marked by a special set of stamps next year. The Royal Mail said 11 stamps will be issued on 26 March, featuring each of the actors who have played the role of the Time Lord. In order, from top,...

 


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