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Trap share placing raises £4.3m for Trent licence

Trap Oil, the Aim-quoted explorer that bought Banchory-based Reach Oil & Gas last year for £30 million, has raised £4.3m through a share placing.Cash generated through the placing will be used to...

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Centrica accord will run to 2013

Centrica and Norway’s Statoil yesterday said they have extended their agreement to work together to develop gas fields in UK and Norwegian waters until June 2013.An initial agreement signed in November...

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Scottish independence: Residents would cease to be British – Miliband

ED MILIBAND has warned that people in Scotland would cease to be British if they vote for Scottish independence and leave the United Kingdom.The Labour leader said it “stands to reason” that Scottish...

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Scottish eagle population in sharp decline

SCOTLAND’s eagle population was at its height 1,500 years ago when the Scots first left Ireland to forge the kingdom of Dalriada in Argyll, according to new research to be published today.But human...

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David Cameron condemns forced marriages

Prime Minister David Cameron has described forced marriage as “little more than slavery”, as the UK government announced plans to make it a criminal offence south of the Border.Parents who force their...

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Interview: Jeremy Vine, journalist and author of It’s All News to Me

HE’S reduced a prime minister to despair, been shot at, stalked, robbed, attacked with a plank of wood by a neo-Nazi shopkeeper and had chewing gum placed on his chair by a Robert Mugabe aide. There’s...

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Talisman deal means big lift for EnerMech

EnerMech, the Aberdeen-based engineering group, yesterday announced its largest contract yet in a deal thought to run into tens of millions of pounds.The contract will see the company manage the UK...

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George Kerevan: European crisis could pay off for Nationalists

IF the SNP grabs the chance to join a new European set-up, it may make folk think again, writes George KerevanEurope in crisis. It is – but it always has been. The history of the post-war project to...

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It’s just a virus – keep taking the painkillers, infected Gorgie man told

THE wife of taxi driver has criticised health officials for not alerting all GPs in Edinburgh to the symptoms of Legionnaires’ disease after the first case was confirmed on 31 May. Elayne Fraser said...

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Business in brief: US | Eastern | Johnson Matthey | Network Rail

US Federal Reserve chairman Ben Bernanke took the air out of a rally in the price of oil yesterday when he gave no signal of imminent action to help the US economy.Bernanke said the Fed remains ready...

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New hope offered to arthritis patients

Clinical trial results described as “striking and exciting” could lead to new treatment options for rheumatoid arthritis (RA).The antibody drug tocilizumab was almost four times more likely to halt...

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Scottish independence: Labour warn of ‘less control over our economy’

Alex Salmond’s plans for independence would leave Scotland with “less control over our economy, not more”, Labour leader Johann Lamont claimed during First Minister’s Questions.Ms Lamont attacked what...

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Eddie Barnes: Searching for the answer to SNP’s plans

LABOUR looks like needing every day until 2014 to fathom a UK-wide answer to SNP plans, writes Eddie Barnes A Leading Labour-supporting commentator took to Twitter yesterday for help on writing his...

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Edinburgh-based Logan Energy getting ahead after MBO

DIRECTORS at Edinburgh-based fuel cell supplier Logan Energy have led a management buy-out from their American parent company in order to secure second-round funding.Atlanta-based Logan Energy...

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Melrose shareholders flex their muscles

More than 10 per cent of shareholders in Melrose Resources yesterday opposed the Edinburgh-based oil and gas firm’s executive pay plans.The group, which held its annual meeting yesterday, said 89.2 per...

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Andy Drane: Creative ideas are the key to boosting church attendance

ACCORDING to a report by the organisation WhyChurch, UK church attendance currently stands at around 6 per cent of the population, down from 11 per cent in 1980. It predicts that by 2020 attendance...

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English law firm merger partner for Biggart Baillie

The recent run of consolidation in Scotland’s legal sector continued yesterday when Biggart Baillie announced plans to merge with English business law firm DWF, writes Gareth Mackie.The deal, which...

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Juliet Dunlop: It’s a real and present danger, buying gifts

GIFT-GIVING is a minefield. Weddings and birthdays, Christmas and christenings – they all require a degree of thought and a dollop of cash. Finding something that you like that they’ll like too, is...

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Argentina oil move is criticised

A FOREIGN Office minister has accused Argentina of “domineering” behaviour ahead of an official visit to mark the 30th anniversary of the liberation of the Falkland Islands.MP Jeremy Browne described...

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Leaders: BBC fails to use our funds fittingly

THE BBC has a set of principles. Its mission is to enrich lives with programmes that “inform, educate and entertain”. Its “vision” is modestly put at becoming “the most creative organisation in the...

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