Monster's powers more myth than reality

Article Abstract:

Voters in Scotland are to decide whether there should be devolution and a parliament able to change taxes. Many business spokesmen are opposed to devolution but the impact of the new parliament would be less than first seems. The tax changes that would be permitted are only a small proportion of the total and their impact is unlikely to be great enough to provoke migration to England. The economic performance of Scotland is not likely to be improved by devolution, but the move is proposed to enhance democracy.

Economic aspects, Scotland, Political aspects, Autonomy, Autonomy (Political science)

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Virtuous circle

Article Abstract:

Wassall plans to float a stake of some 70% in General Cable with some of the proceeds to be returned to stockholders. The value of General Cable will be some 470 million pounds sterling or 290 million pounds above the price that Wassall paid when it acquired the company. General Cable has contributed more than 60 million pounds in interest and dividends since it was acquired. Shareholders will receive 150 million pounds and the remainder of the funds from the flotation will be used for an acquisition.

Other Communication and Energy Wire Manufacturing, Nonferrous wiredrawing & insulating, Wire & Cable NEC, Mergers, acquisitions and divestments, Wassall PLC, Wire, Wire industry, General Cable

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