The Herald - Latest Scottish News, Business, Politics, Sport from Glasgow, Edinburgh

Crucial day for UK banks as £50bn bailout begins

Banks and the financial markets are set for critical changes today as details of the historic �50bn bailout, expected to include the government taking a majority stake in RBS and HBOS and the resignation of Sir Fred Goodwin, began to emerge last night. continued...

HEADLINE NEWS

Chicago gangs expert in Glasgow to advise on youth crime

Leading gang specialists from Chicago will be visiting Glasgow and London this week to advise on how to deal with violence by mentoring young people.

Zimbabwe power-sharing deal in crisis

Zimbabwe's opposition leader yesterday threatened to pull out of a power sharing deal with President Robert Mugabe.

Voluntary groups in calls for fairer funding

A broad coalition of voluntary organisations and unions launch a petition today calling for "fair" funding for third- sector groups which undertake public service contracts.

Riveting stuff, but worth it as Titan restoration wins world acclaim

The hunt for a man brave enough to work 150ft in the air aided by planks and battered by the elements was a rigorous one.

European leaders expected to follow Brown crisis plan

Financial Crisis: European leaders are expected to follow Britain�s lead in trying to weather the financial crisis by guaranteeing medium-term loans between banks, it emerged yesterday.

Golf champion Ballesteros is diagnosed with brain tumour

Golf legend Seve Ballesteros has been diagnosed with a brain tumour. The 51-year-old five-time major winner confirmed yesterday that extensive tests performed at Madrid's La Paz hospital had discovered the tumour.

Leaders both seeking role of underdog in by-election

It's a strange by-election where the only conceivable winners claim to be underdogs, while absolute no-hopers insist all bets are off and they are in with a real chance.

LibDem chief calls on Holyrood to use tax powers

Tavish Scott has made his first Scottish party conference speech as Liberal Democrat leader, calling for the Scottish Parliament to use its tax varying powers for the first time.

MAIN BUSINESS

Jobs vanishing fast but rate of decline in activity slows

Business activity is continuing to fall in Scotland, but the rate of decline is slowing as London remains the only part of the UK that is seeing private sector expansion.

Teaching prepares for handing out sage advice

When the Bank of England finally decided to accept that the threat of recession was more serious than the risk of inflation and cut rates last week, there was an audible, if muted, sigh of relief in business circles.

Winner takes it all in its stride

Analysis: Grupo Santander, Spain�s largest bank and a big player on Britain�s high streets, is confident it can survive the worst economic crisis since the Great Depression, and says it is �well-positioned� to grow further despite turmoil in global financial markets.

PARTNERSHIP: Gordon Brown and Nicolas Sarkozy in Paris yesterday

MAIN SPORT

Gone in 60 seconds

Kris Boyd's international retirement was confirmed yesterday in a conversation with George Burley that lasted less than a minute.

Felonies shatter hopes for 2010

George Burley had a dream. The reality was infinitely less enchanting. Scotland, barring an extraordinary sequence of events, will not be dispatching the Tartan Army to the Transvaal in 2010.

Burley: ‘I think I got it right when I changed it’

George Burley defended himself amid fresh scrutiny of his international coaching credentials in the aftermath of Scotland�s 0-0 draw against Norway at Hampden Park on Saturday.

Dream debut turns into a nightmare with that horrific miss

A Norwegian television reporter cleared his throat and in apologetic tone spoke to Chris Iwelumo: �I�m sorry, but I need to ask you about it�. �IT.� Like the Stephen King novel only more horrific.

Boyd turns his back on Burley era after double snub

Kris Boyd famously once showed six fingers to Paul Le Guen. Yesterday he stuck two up at George Burley. The Rangers striker's decision to step back temporarily from international football was surprising only in the fact that he made his grievances public.

Great day-pity about the football

Ten years after mingling with Norwegian supporters at World Cup 98, it was a case of friends reunited for Scotland fan John Montgomery on Saturday . . .

Relieved Norwegians remain optimistic

Jon Knudsen wore the look on Saturday evening of a man who had toppled out of a 50-storey building only to land on a pile of mattresses. By his own admission, the Norway goalkeeper enjoyed a "lucky" international debut keeping a clean sheet.

Boo boys need to stop spite

If England's players cannot wait to board the flight for Belarus and leave Wembley behind then who could blame them? There is less chance of being booed in Minsk.

Massa refutes Hamilton shunt charge

Felipe Massa last night rebuffed accusations that he deliberately collided with Lewis Hamilton, the world championship leader, during yesterday�s Japanese Grand Prix.

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