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Sunday
Carvery
12.30pm - 3pm
STEAK NIGHT
Continuing To Run Due To Popular Demand
WEDNESDAY &THURSDAY NIGHT
Prime 10oz Sirloin Steak
Cooked to your liking and served on a bed of Creamy Champ with a garnish
of Saute Mushrooms, French fried Onions and a sauce of your choice
12.95
2 COURSE SUMMER SPECIAL
Tues - Thurs 5pm-7pm
Fri - Sat 12.30pm- 5pm
AChoice Of Starter &Main Or Main &Dessert
10
Some two thirds of the
schools closed in the last fve
years fall within the state
sector, generally attended by
Protestants.
In total, 46 primary and 11
secondary schools have been
closed across the province in
the last fve years.
UUP mLA David mcNarry
described the statistics as
shocking and said he
wanted reassurance that
government policy was not
impacting adversely on
controlled schools.
See page 8
More than 50
schools closed
New crash fears
as markets dive
Stock markets around the
world have plunged again as fears
persisted that the global economy
could slip back into recession.
the FtSe 100 Index has seen
9.8 per cent, or 147.9 billion,
sliced off its value in the past
week its worst performance
since october 2008 when Lehman
Brothers collapsed and the credit
crunch began in earnest.
And there are fears that the
crisis could escalate further
unless governments are able to
convince fnancial markets that
they are able to pay off their
loans.
Prime minister David cameron
last night spoke to his German
counterpart, Angela merkel,
about the instability and is in
close contact with chancellor
George osborne.
michael Hewson, a market
analyst at cmc markets, warned:
this crisis will run and run, and
could make Lehmans look like a
tupperware party.
Locally, Ulster Bank announced
a loss of 566m in the frst six
months of this year, due to write-
offs of bad property loans.
However, a top academic has
said that Northern Ireland has
two key advantages over many
other european regions the
weak pound and strong likelihood
that the province will be allowed
to cut corporation tax.
See pages 10, 11 and
Business, page 17
BY REBECCA BLACK
r.black@newsletter.co.uk
Games toast
gifts of life
PAGE 3
Jeffrey ready
to go again
SEE SPORT
The pride of Northern Ireland
Since 1737
www.newsletter.co.uk
Price: 82p (IR 1.30 EURO) Saturday, August 6, 2011
First for
farming
for Sheep & Cattle
Priestly Road,
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xtra 0entreI...xtra aIue
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Y: 00353 56 7765826 Raymond Arnold: 07860 387421 www.iam.ie
UFU leader upbeat
on future prospects
UFU president John Thompson
has confrmed that his organisation
will be fghting to ensure that the
forthcoming CAP reforms will be
introduced in ways that do not
radically change the structure of
farming in Northern Ireland.
He spoke to Farming Life while
attending this weeks Fermanagh
Show.
There is an absolute necessity
for the farming industry to debate
how it best responds to the CAP
Reform proposals, which will be
published in the autumn, he
added.
And the union will be to the fore
in bringing this about. However,
priority number one remains
that of ensuring that the largest
possible budget is secured for
agriculture moving forward, he
added.
Up to this point we have
received a strong indication from
Whitehall that Northern Ireland
will secure the same proportion of
the UK budget as was agreed post
the Fischler reforms.
We already know that food
security will be a key plank of
the European Commissions
forthcoming CAP proposals.
The worlds population is set to
increase dramatically over the
next decades. Countries such as
China and India will become more
dependent on food imports. Here
in Northern Ireland we export
80% of the food we produce. So its
important for local farmers to be
given the opportunity of producing
accordingly.
Mr Thompson went on to point
out that our local agri-food sectors
had the potential to generate many
new jobs and signifcant wealth
creation opportunities for the
economy as a whole.
The Executive at Stormont
must, therefore, act to ensure that
all future export opportunities can
be availed of in full. We do not need
excessive red tape! he stressed.
Every effort must also be made
to ensure that the wholesomeness
and quality of our food are
BY RICHARD HALLERON
33 Farming Life, Saturday, August 6, 2011 www.farminglife.co.uk
Fermanagh Show Princess Joanne Campbell from Kesh YFC is pictured at the County Fermanagh Show on Wednesday PICTURES Steven McAuley/ Kevin McAuley Photography Multimedia Gemma Dickson, Emma Cutler and Ashleigh Dickson at the County Fermanagh Show Brandon McGrinder with his award winning Texel Katrina Taylor with her Champion Jersey
Fermanagh Show
supplement inside
Texel open night
PAGES 28 - 29
Saturday, August 6, 2011
Ellie McLean,
Bushmills, is
looking forward
to next weeks
Holstein NI
Causeway Classic
III which takes
place at the
Pedigree Sales
Arena, Moira
on Wednesday,
August 10 at 7pm
PICTuRE: Steven
McAuley/
Kevin McAuley
Photography/
Multimedia
Continued on page three
UP to 70 jobs could be
lost at translink, regional
development minister Danny
kennedy was warned on his
frst day in the job.
Briefng papers obtained
by the News Letter reveal mr
kennedy was also warned of a
looming major diffculty for
translinks budget that even
a fve per cent fare increase
would not be enough to
avert.
See page 9
Crisis for
Translink
Stock trader Michael Pansegrau reacts at
the German stock exchange in Frankfurt
PICTURE: AP PhOTO/dAPd, MARTIn OESER