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   Web Issue 3198 July 20 2008   
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Jobs
'Work for incapacity benefit' scheme is leaked
Radical plans to make the long-term unemployed "work for dole" and force those on disability benefits back to the jobs market have been unveiled on the eve of the crucial Glasgow East by-election. continued...
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HEADLINE NEWS
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Salmond announces £100m biomass energy site
The biggest green energy plant of its kind in the UK is being built in Scotland, First Minister Alex Salmond announced yesterday amid warnings soaring gas prices could push household gas and electricity bills to £1000 a year.
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Public inquiry backs Tesco over Glasgow superstore
Tesco has won the latest round in its fight for a controversial superstore and retail development in the west end of Glasgow.
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Chambers fails in legal battle to take part in Beijing Olympics
The British 100 metres champion, Dwain Chambers, reached the end of the track yesterday in his bid to be included in Great Britain’s Olympic team for Beijing.
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Insolvencies soar by 78% in a year since new laws
The number of people declared insolvent in Scotland has more than doubled since new laws made the process easier, official figures revealed yesterday.
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A natural response to hitting renewable energy targets
The news yesterday that rocketing gas prices threaten to force families into paying £1000 a year for heating and electricity will doubtless help to focus the minds of ordinary Scots on how to find cheaper energy sources.
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Chancellor debates breaking PM’s ‘golden rule’
A key element of the UK Government's claims of economic competence is at risk of crumbling as Chancellor Alistair Darling considers breaking one of the "golden rules" on borrowing levels.
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The front runner behaving like an underdog
A former Holyrood minister, a local MSP for nine years and the bookmakers' favourite - Margaret Curran could hardly be a more experienced candidate for Glasgow East.
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MAIN BUSINESS
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Barclays cash call leaves 40% of bank foreign owned
Just one in five existing Barclays shareholders backed a £4.5bn fundraising exercise by the bank that has left around 40% of its shares in foreign hands.
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HBOS shares rise too late to avoid rights issue snub
Shares in Halifax Bank of Scotland staged an overdue rally yesterday to jump above the 275p rights issue price - but it came after the 11am deadline for final commitments to buy the shares, with HBOS marooned at 269p.
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Bank in no hurry to make a further cut in interest rates
The deputy governor of the Bank of England said yesterday that he could not rule out a recession and that the risk of one had increased as the credit crunch dragged on in the past two months.
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front page picture
HAPPY BIRTHDAY BOY: Politicians, pop stars and members of the public paid tribute to Nelson Mandela yesterday as South Africa’s first black president turned 90. In Edinburgh the South African flag flew outside council buildings while there was a South African themed party in Glasgow.
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MAIN SPORT
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Choi overcomes Birkdale to lead field into weekend
Kyung-Ju Choi, better known in the golfing world as KJ, holed a 25-foot putt on the final green yesterday to be the only player out of the 156 starters to be under par at the halfway stage of the 137th Open Championship.
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Stormin Norman
Greg Norman made it clear yesterday that he was serious about making a run into uncharted territory for his third Open Championship as he finished the day one stroke behind leader K J Choi at the halfway stage.
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Aussies swimming in Great White’s wake
The Australian challenge at Royal Birkdale was much predicted. But while the media were talking up the chances of such as Geoff Ogilvy, Adam Scott, Robert Allenby, and Stuart Appleby, a Great White Shark came and bit the collective press posterior.
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All the usual thrills and spills
This was less a round of golf and more a human drama played out over five exhausting hours. Seasoned Monty followers are accustomed to the vagaries of afternoons like these, but even for those of us who have experienced it all before, it was no less enthralling.
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Early start leads to cries of ‘allez Jean’ once more . . .
The flames of Jean Van de Velde's "affair d'amour" with the Open Championship were fanned again yesterday as he had a 71 in the first group out at 6.30am for a four-over aggregate of 144 that puts him on the fringes of contention nine years after his implosion at Carnoustie.
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Stars show stripes
The Yanks are coming. And most of them are staying for the weekend. The Americans are over here, over par but also overlooked.
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Rangers’ own credit crunch hits manager
Walter Smith once shopped in the elite emporium of Italy's Serie A. Rangers' own credit crunch has restricted the manager to the bargain aisle of the Coca-Cola Championship in his second stewardship.
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Honest, drug-free athletes deserve better
Olympics: The Dwain Chambers selection fiasco has put his British sprint colleagues through hell as they wait to find out whether they will be included in the Olympic team for Beijing. Honest, drug-free athletes don’t deserve that.
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FLOATING LIFELINE
The 'Shetland Bus' returns to the islands for first time since its days as a vital connection in WWII
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