Virgin buy Northern Rock from the Government

Northern Rock is being sold to Virgin Money for £747m, the government has announced.

Northern Rock was nationalised in 2008 following its near collapse at the beginning of the global credit crunch.

Northern Rock plc will be rebranded as Virgin Money, which has pledged no compulsory job cuts for three years.

On the news tonight it was reported that even with some add ons of another £200 million, the £1 billion total would still mean the taxpayer being out of pocket somewher ein the region of £400 million.

BBC Bitesize for Higher Business Management

I have done some work for the BBC and it is finally up on the web. It contains revision notes for all the outcomes of the Higher Business Management course, as well as some short test bites which are intended to aid recall of the information.

Naturally, students will have to still be aware of the SQA command words and be able to apply their knowledge in the context of the question.

I would like to thank Bruce Munro at the BBC who was a pleasure to work for.

The hyperlink is here:

http://www.bbc.co.uk/scotland/learning/bitesize/higher/business_management/

I hope you find it helpful and another useful web resource to help you pass your exams.

The Apprentice is back!

Tonight on BBC 1 at Midnight (great time for pupils to watch... NOT!) the best TV show in the world is back. Forget grumpy Alan Sugar and his UK version.

The Apprentice with Donald Trump is the original and best show! We're finally getting to see Season Four after a lengthy gap of two years.

So what makes Trump's version so good?

Well it is actually pretty educational and of course it is entertaining. The characters on the show make some of the craziest decisions known to man!

I normally don't get excited about TV but this is my favourite show of recent years. Some of the reasons for people getting fired are incredible! Remember Brian who was going to sort everyone out in the Board Room?

TRUMP: "Who should I fire, Brian?"

BRIAN: "You should fire me me."

TRUMP:"I should fire you?"

BRIAN: "Yes, Mr Trump."

TRUMP:"Okay Brian, you're fired. That was the quickest Board Room ever!"

TV gold!