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Does Detroit Really Need a Bailout? Lessons from Britain

Britain's experience with two major industries-shipbuilding andautomobiles-shows why governments should hesitate to provide heavy subsidies in an effort to "save" firms with serious management andcommercial problems.

Glasgow cityUnited kingdomUnited statesSouth koreaNorthern irelandWest dunbartonshireJohn brownJohn daviesAlexander stepneyMargaret thatcherCharles connellJohn deloreanMany conservative partyGeneral motorsMarathon manufacturing companyLabour party

Sir Archie Lamb, fighter pilot and diplomat who served as Ambassador to Norway and Kuwait and established himself as a leading expert on the oil industry – obituary

He survived for eight days on a lifeboat after his ship was sunk and went on to become the first FCO clerk to rise to ambassador

Cape townWestern capeSouth africaWestern areaSierra leoneUnited kingdomGlasgow cityKuwait internationalKuwait generalWest sussexBuckingham palaceUnited arab emiratesNorth seaOceans generalSouthern rhodesiaDavid owen

Letters: Oil once saved the UK Its waning will end it

Letters: Oil once saved the UK Its waning will end it
heraldscotland.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldscotland.com Daily Mail and Mail on Sunday newspapers.

United kingdomGreat britainEd milibandGeorge fergussonBruce millanNeil stewartIan macbethIain macwhirterMargaret forbesKevin mackennaHamish maclarenIan grayRosemary goringAlister jackRose harvieCatrionac clark

Clyde shipbuilders work-in was caused by Tory incompetence

Clyde shipbuilders work-in was caused by Tory incompetence
thenational.scot - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenational.scot Daily Mail and Mail on Sunday newspapers.

Glasgow cityUnited kingdomNew yorkUnited statesNorthern irelandCity ofNicholas ridleyJohn daviesThomson shipcranesBilly connollyGeorge squareHugh stenhouseJimmy reidJohn lennonMatt mcginnJohn thomson

HMS Queen Elizabeth: Britain s flagship aircraft carrier - from conception to deployment

We look back at the inception and development of the £3bn warship as it sets sail on a 28-week deployment to more than 40 countries

River clydeNorth ayrshireUnited kingdomNew yorkUnited statesHudson riverArgyll and buteCity ofNorth seaOceans generalJeremy quinGeoff hoonNick cookMichael fallonBen wallaceTony blair