News archive from 15 May 2012, page 11

Plus stock exchange turns negative as it bows to market forces with closure

Plus stock exchange turns negative as it bows to market forces with closure

Britain's Plus stock exchange yesterday gave up its long battle to be the market of choice for ambitious smaller companies after failing to find a buyer to rescue it from mounting losses. The stock exchange, which has been home to famous names such as...

Scotsman, 00:16 in Business
 
Drew quits as JP Morgan Chase losses could top $3bn mark

Drew quits as JP Morgan Chase losses could top $3bn mark

ONE of the most highly-regarded figures on Wall Street was forced to step down at JP Morgan Chase yesterday after America's biggest bank unveiled a shock $2 billion (£1.2 billion) loss. Ina Drew, the bank’s chief investment officer, will retire after...

Scotsman, 00:16 in Business
 
Scullion wins business from failed giant Ross Harper

Scullion wins business from failed giant Ross Harper

Scullion Law has acquired a number of client books from the failed Ross Harper solicitors for an undisclosed sum. The Hamilton-based practice will take over the firm’s criminal and property divisions, as well as part of its family law department. One...

Scotsman, 00:16 in Business
 

Wheel of fortune favours Rank with £205m casino deal

Mecca Bingo owner Rank yesterday unveiled a £205 million deal with Gala Coral to become the UK's biggest casino operator. The proposed acquisition of Gala’s 23 casinos will give Rank’s Grosvenor division 58 UK sites – leap-frogging Malaysian firm...

Scotsman, 00:16 in Business
 

Business briefs: Russell to head NHBC in Scotland | Dignity | LLoyds

SIR Muir Russell has been named as the new chairman of the Scottish committee for building standards watchdog NHBC, replacing David Smith. Sir Muir Russell has been named as the new chairman of the Scottish committee for building standards watchdog...

Scotsman, 00:16 in Business
 
Hardest job in politics: Lesley Hinds takes charge of Edinburgh trams

Hardest job in politics: Lesley Hinds takes charge of Edinburgh trams

IT IS arguably the most poisoned chalice in Scottish politics. But a former Lord Provost of Edinburgh has agreed to take charge of the capital's troubled tram project. Lesley Hinds will be charged with ensuring the first phase of the £776 million...

Scotsman, 00:17 in Politics
 
Minimum alcohol pricing: Debate rages over benefit and cost of limit

Minimum alcohol pricing: Debate rages over benefit and cost of limit

UP TO 500 lives would be saved every year in Scotland with the introduction of a 50p minimum price per unit on alcohol, health experts say. Many of the country’s leading health professionals backed the Scottish Government’s plan to impose the...

Scotsman, 00:17 in Politics
 
Ross Martin: Capital’s coalition can seek counsel in west

Ross Martin: Capital’s coalition can seek counsel in west

EAST Renfrewshire is proof that Labour and SNP can ditch petty tribalism to form a stable, successful council in Edinburgh, writes Ross Martin It has been a long time coming, but it is finally running in Edinburgh. No, not the tram, but a coalition of...

Scotsman, 00:17 in Politics
 

Dangerous dog owners may face jail

Owners of dangerously out of control dogs which harm others in a public place will face up to 18 months in prison under new guidelines for judges. The tougher approach to the way those convicted of dangerous dog offences are treated by the courts will...

 
Ewan Crawford: Failing UK economic model needs overhauled

Ewan Crawford: Failing UK economic model needs overhauled

AS the Westminster programme of cuts accelerates, Scotland needs a detached platform from which to generate private sector growth, writes Ewan Crawford WHEN it comes to historically important documents it might not quite have the same resonance as the...

Scotsman, 00:17 in Politics
 

When newsreader fought back tears

Newsreader Sophie Raworth has told how she struggled to fight back tears during one of the most heart-wrenching bulletins. The BBC news presenter, 44, who is preparing to run the New York Marathon with former Breakfast presenter Sian Williams, said...

 
Colin Kidd: Revamp for Unionist cause

Colin Kidd: Revamp for Unionist cause

ALEX Salmond's talk of a social union after independence has stymied debate, but there are plenty of arguments for keeping the UK together, writes Colin Kidd Is THE only guaranteed alternative to English domination Scottish independence? This is...

Scotsman, 00:17 in Politics
 

Hunt under pressure over BSkyB row

Jeremy Hunt is under renewed pressure after the UK's former top civil servant insisted he should have been clear what discussions his special adviser could have with News Corporation over its bid for BSkyB. Lord O'Donnell also said he believed David...

 

Study reveals part-time work 'trap'

The number of men doing part-time work because they cannot find a full-time job has more than doubled in the last four years, according to a new study. The TUC said almost 600,000 men were working part-time in December while looking for full-time...

 

Brooks to learn of charges decision

Former News International chief executive Rebekah Brooks will find out on Tuesday if she will be charged with perverting the course of justice during the phone-hacking scandal. Mrs Brooks and six other suspects - including her racehorse trainer...

 


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