Successful Eurocopter trials position Scotty for accelerated growth

The future of Highbury House, the heavily indebted publisher of lads' magazine Front, looked bleak last night as former Sun editor and the firm's would-be rescuer Kelvin MacKenzie admitted defeat .....................................................and quit his post as chairman three months into the job.

Mr MacKenzie, who invested an estimated £1.5m buying a 20% stake in the business, said: "I gave it my best shot but was defeated by a mountain of debt which had been accumulated over the past three years."