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Monday, April 6th, 2015

 

CBI survey shows firms positive for 2015

Growing economy is boost for Tory election prospects

Tory hopes of victory at the General Election have been boosted by businesses saying they expect the economy to strengthen this year. The last three months showed steady growth which is expected to gather momentum over the next quarter, says the CBI. Lower oil prices are helping keep firms’ costs down, although the stronger pound is hitting exporters. The CBI’s Growth Indicator of 764 businesses brings together survey data from a range of sectors. It shows stronger growth in the distribution (retail, wholesale & motor trades) and consumer services sectors in March, compared with the previous month. ThisRead More


Steamy film adaptation a worldwide hit

Fifty Shades of Grey on course for top ten movie takings

Fifty Shades

The movie adaptation of Fifty Shades of Grey is on target to top $566 million (£380m) in takings, making it the eighth highest grossing film produced by Universal studios. So far it has taken $165.5m in North America alone which is good business for a movie that cost $40m to make. The studio is now preparing to close the box office books on the film version of EL James’ novel after screening it in every available market.  Takings, according to Fortune magazine, are ranked eighth behind  Jurassic Park ($1.04 billion), Despicable Me ($975.2m),Read More


Tourism boost for Borders

Melrose ready to tackle rugby event

Melrose is bracing itself for an invasion this week as the Borders town and its 2,000 inhabitants share their scenic surroundings with 12,000 rugby fans from around the globe. The town will once again adopt a carnival atmosphere and celebrate the key date in its sporting calendar this Saturday as  local, UK and international teams, including those from South Africa and Germany, kick off the 125th Melrose Sevens tournament. It is the biggest tourism boost to the Borders, worth an estimated £2 million, aided by live BBC transmission which attracts moreRead More


Wigan Athletic part company with manager Malky Mackay after just four months in the job


Former chairman intervenes in row

Knox urges Alliance shareholders to reject Elliott’s plan

Lesley Knox

Alliance Trust’s former chairman Lesley Knox has criticised the rebel shareholder trying to install three nominees to the board. Ms Knox has urged the Dundee-based company’s shareholders to vote against the move by activist hedge fund Elliott Advisors. She said Elliott was not acting in the long-term interests of the trust which she chaired for eight years until 2012. In a letter to a Sunday newspaper she wrote: “I very much doubt that Elliott’s time horizon is a long one, and do not believe it is aligned with why IRead More


Election Comment: Terry Murden

Nicola: why she must learn to love the Tories

There are more of us in work than ever before, and the economy is on course to become bigger than Germany’s. Whisky and oil, two of Britain’s biggest industries, have been handed the tax cuts they demanded in the Budget. Income tax thresholds are at record highs. But, of course, we hate the Tories because they don’t really do anything for us, do they? And least of all for Scotland. They have become the villains in a political pantomime that at times verges on the hysterical, fuelled by post-referendum fever that mustRead More