Rugby star converts to oil tycoon

A former international rugby player has won a business "Oscar" for turning a small-scale oil company into a £155 million-a-year concern.

Bill Gamell, CEO and founder of Cairn Energy, won the UK Entrepreneur of the Year Award and said: "I always say I like to run my company on the same principles that I would use to coach a rugby team.

"We have a saying at Cairn: 'Pick up the ball and run with it.' It's about having the right people in the right places, making the most of their strong points."

Mr Gamell, 51, played rugby for Scotland until the age of 27 and now coaches his two sons. He founded Cairn Energy in 1980 and floated the company in 1989.