Scots split plan hit by black hole March 12, 2014 Sinking oil revenues cause deficit to balloon north of the border THE SCOTTISH National Party’s bid for independence was dealt a blow yesterday as fresh figures revealed that Scotland’s deficit has jumped above the level for the UK as a whole, largely due to sinking oil revenues from the North Sea. The data coincided with [...]
What the other papers say this morning – 02 April 2014 April 1, 2014 FINANCIAL TIMES Plans for fracking on private land Exploration companies would be given powers to drill under privately owned land as part of government plans to kick-start Britain’s fracking industry. The coalition is working on proposals, to be included in the Queen’s Speech to change trespass laws to make it easier for companies to explore [...]
We’re no longer the world’s largest financial services exporter: We should worry January 29, 2014 ECONOMIC growth is humming away at an annual rate of nearly 3 per cent, inflation is bang on target and the government’s deficit is falling. But even the sunniest of days often have some clouds. At risk of being damned as a spoilsport, there is a little-noticed fact about our economic recovery I find pretty [...]
German hospitals have stolen a march on 4G cost savings November 4, 2012 BATTERSEA saw the launch of the UK’s first major fourth generation (4G) mobile service last Thursday. Nicole Scherzinger of X-Factor chose a dress made up of live Tweets for the occasion, while a 4D light show transformed the grim exterior of Battersea’s derelict power station into a lively illumination of what a future super-fast Britain [...]
The NHS must look outwards if it’s to become the envy of the world August 23, 2012 THE coalition has identified the NHS as the UK’s next big export. We have some form here: internationally renowned brands like the Royal Marsden Hospital in Chelsea, Moorfields Eye Hospital and Great Ormond Street have foreign campuses in the Middle East – with similar tie-ins to some of our leading universities. And this outward-looking approach [...]
UK restaurant sector to strike £13bn by 2015 April 29, 2012 WHILE Britons continue to tighten their belts in hard economic times, one luxury that few of us seem to be prepared to give up is eating out. A new report by Allegra Strategies and Barclays forecasts that sales across the UK’s branded restaurants are set to grow by 22 per cent to £13.6bn by 2015 [...]
WHO’S SWITCHING JOBS May 1, 2012 Providence Resources The Aim-quoted oil gas and exploration company has appointed Simon Brett as chief financial officer with immediate effect. He has previously held senior finance positions with Damovo Ireland and Coca Cola Bottlers Ireland, and worked at Johnson Wax, Sega Europe and US Can Corporation. New World Oil and Gas The oil and gas [...]
GROWTH PLAN NEEDS YOUNG CREATIVE TALENT July 31, 2011 ENTREPRENEURS by definition have never been fond of following a plan. But today, our economy needs a plan for growth, and a good place to start is the UK’s creative startup sector. The creative industries contribute £59.2bn to the UK economy and provide 2.3m jobs. They have a higher share of GDP in the UK [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 14, 2011 FINANCIAL TIMES RBS TAKES CONTROL OF 42 MARRIOTT HOTELS Royal Bank of Scotland has taken control of a £1bn property portfolio of Marriott hotels after failing to secure a debt-for-equity restructuring of one of its largest individual real estate loans made during the property boom. RBS on Tuesday night appointed Ernst & Young as receivers to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 14, 2011 FINANCIAL TIMES RBS TAKES CONTROL OF 42 MARRIOTT HOTELS Royal Bank of Scotland has taken control of a £1bn property portfolio of Marriott hotels after failing to secure a debt-for-equity restructuring of one of its largest individual real estate loans made during the property boom. RBS on Tuesday night appointed Ernst & Young as receivers to [...]