I bet Hearts wished they had borrowed their money from a British based bank. It seems that they are easy to negotiate with.
Only last month, Lloyds Bank said it was going to write off £9 million of debt owed by Kilmarnock FC.
Now it seems the Bank of Scotland is going to write of almost all of the £12m owed by former Dunfermline Athletic FC boss Gavin Masterton.
The problem with both Lloyds and the Bank of Scotland is it isn’t their money they are writing off. It is UK taxpayers’ money!
Perhaps the chief executives of these banks can explain how many other massive debts are never going to be repaid.
Remember, it is our money, as we part-own these banks.
Alun Thomas, Sinclair Close, Edinburgh
The real boom in the Capital is in inequality
THE front page of the News had the headline “Boom town” (January 4), but I would say it is inequality that is booming.
Business in Edinburgh is said to be at an all-time high, but so too will be the debt that will soon follow it.
The business is mostly retail trade, which leads to several factors – inequality of income, consumer debt and there is an obvious link between profit and earnings. Income from profits is far more unequally spread than income from wages, which means inequality in gross incomes is steadily increasing, putting more pressure on low income earners and creating family poverty, especially for children.
The so-called boom is happening because of the dispersal of profit, only the very top earners will benefit. There have been massive increases to energy bills, rents are rising, the use of food banks is increasing by the month.
Public services are being reduced, our health service is coming under increased pressure, there are cuts to benefits and then there is the bedroom tax.
This is where the real “boom” is taking place.
Chas Dennis, Niddrie Marischal Road, Edinburgh
What is Steve the champion of?
I HAVE read in your paper that Steve Cardownie, pictured, is Edinburgh City Council’s festivals and events champion.
I would be interested, as I am sure would many of your readers, to know who gave Cllr Cardownie this title and what he is supposed to be champion of in terms of achievements.
NJ Taylor, Montague Street, Edinburgh
Lack of effort to stop immigrants coming
THANKS to our coalition government, limitless numbers of Bulgarians and Romanians can now come to the UK and take our jobs and help themselves to state benefits and jump the queues for houses.
Yes Mr Cameron, you worked really hard to stop that happening, didn’t you?
Alan Lough, Boroughdales, Dunbar
Sounds like a truck is running next door
I LIVE in a “through” flat, with windows at the front and back of the building.
In the next stair, the flats are along the front and the back, so I have two lots of owners through the wall and both are non-resident landlords.
Some months ago the owner of the back flat installed central heating – I know because I phoned to speak with them when the contractor’s hammering damaged the plaster in my kitchen press.
I now have to endure an annoying, intermittent hum every winter evening when trying to read or listen to the radio.
At the front of the flat I am confronted with a similar situation.
In this case the noise is like a truck engine and I have to abandon the room every winter.
I complained but got nowhere and when the “noise team” came they didn’t have time to do anything conclusive as they were so busy.
I’m told the council advises against fitting central heating units to shared walls.
Isn’t it time this “advice” was reviewed to afford neighbours a bit more consideration and protection?
Paul Turner, Murieston Terrace, Edinburgh
Elastic waistband to blame for obesity
The fitted waistbands on clothes that we wore in the past were replaced with an elastic waistband. Obesity spread all over the country.
Elastic-waisted clothes are a large factor in the cause of the illness of obesity for both male and female.
When all clothes were fitted with a set measurement of waistband for men and women, you bought your size, you felt good and you looked smart.
If you felt that your waistband was too tight for you, you did something about it.
Other than if the cause was through an illness, you did not let your body just get bigger.
Your pride would bother you, and your pocket would be affected too, in buying new.
Now for many people, pride in their appearance is disappearing and their health is becoming a big issue.
Large companies just go on and on, churning out this type of clothing. They could not care less, it’s all for the money.
Give people their pride in their appearance in their body and clothes again, and get rid of the elastic waistband.
TPM Ferri, Meadowfield Avenue, Willowbrae, Edinburgh