All newspaper references refer to Scottish editions.
HBOS: Further comment and analysis on the proposed takeover of HBOS. The Chancellor yesterday warned that an independent HBOS could still be in financial trouble with “very substantial problems to resolve”. It has been announced that the new group will be titled the Lloyds Banking Group with its headquarters in England, triggering fears that there could be as many as 20,000 job losses in Scotland. (Scotsman page 6, Sun page 12, Daily Record page 6, Daily Mail page 10, Daily Express page 5, Times page 13, Herald page 1 and 3, Guardian page 26 and page 27, FT page 1, Daily Telegraph page 14, Courier and Advertiser page 11, P&J page 1)
Interest rates: Further speculation on interest rate cuts while David Hodgkinson, Chief Operating Officer at HSBC has warned that it may not pass on the full effect of an interest rate cut to customers. (Scotsman page 6, Bill Jamieson in the Scotsman, Daily Mail page 10, Daily Express page 1, Times page 10, Guardian page 1, Daily Telegraph page 1, P&J page 5)
Unemployment Rates: The European Commission has stated that UK unemployment will jump to 7.1% next year, a rise of 1.4%. It also forecasts that the British economy will not start expanding again until 2010. (Herald page 7, FT page 8)
Fiscal rules: Professor Gavin McCrone in the Scotsman (page 34) comments on the Chancellor’s decision to set aside the fiscal rules introduced by Gordon Brown.
Mobility: Social mobility has improved since 2000 claim experts. Government approaches such as the introduction of the minimum wage, tax credits and the New Deal, have all benefitted those on the low paid jobs. (Herald page 3, Polly Toynbee in the Guardian, FT page 6)
Domestic Abuse Court: An additional £2.4m has been pumped into Scotland’s first domestic abuse court to allow it to hear more cases. Its jurisdiction has also been widened from taking in just the south of Glasgow to now taking in the south, west and centre of the city. (Herald page 4)
Open prison: Another prisoner has absconded from Castle Huntly open prison near Dundee. The absconder, Frank Craig is the latest of several to have done so. (Courier and Advertiser page 10)
Charitable status: Hamish Macdonell in the Scotsman (page 30) argues that removing charitable status from private schools would make the schools more elitist.
Walking: The Health Secretary Nicola Sturgeon has said that walking could save the Scottish health budget £85.2m if levels of inactivity were reduced by 1% each year over 5 years. She made the announcement at the launch of a new walking programme in Glasgow. Meanwhile, Professor Richard Wiseman of the World Cancer Research Fund has said that cancer rates could double over the course of the next 40 years if obesity levels are not tackled around the world. (Herald page 11, Daily Telegraph page 10)
Trump development: Yesterday the Scottish Government gave approval for Donald Trump’s controversial £1bn golf development on the Menie Estate in Aberdeenshire. The Scottish Government approved the plans after saying it would bring ‘significant’ benefits to Scotland. (Scotsman page 1, Burning Issue in the Scotsman, Sun page 2, Daily Record page 7, Daily Mirror page 23, Daily Mail page 6, Daily Express page 11, Times page 3, Herald page 1 and 3, Guardian page 11, FT page 6, Daily Telegraph page 1, Courier and Advertiser page 1, P&J page 10)
Glenrothes: Further coverage of the final few days of the Glenrothes by-election campaign. (Scotsman page 7, Sun page 2, Daily Record page 2, Daily Express page 2, Times page 21, Herald page 6, Alan Cochrane in the Daily Telegraph, Courier and Advertiser page 6, P&J page 9)
Expo 2010: Lord Steel has criticised the Scottish Government’s decision to pull out of representation at the Expo 2010 event in China, where a total of 70million visitors are expected. (Scotsman page 7, Herald page 6)
Youth Projects: Projects for youngsters will be supported by cash raised from the proceeds of crime, Justice Secretary Kenny MacAskill has announced. (Sun page 2, Herald page 6, P&J page 1 and page 4)
BBC: David Cameron has called for top BBC salaries to be cut as the party pledged to cut the license fee if it won the next election. (Scotsman page 14, Daily Mail page 2)
Parliament Tours: Guided tours of the Scottish Parliament are to be provided free of charge from next year. The tours, provided by the Scottish Tour Guides Association (STGA) had cost £6 for adults and £3.60 for concessions. (Herald page 6)