Update:

Day: 26 February 2015

Pressure mounts for reform

SRC boss Lonsdale: ‘Business rates system no longer fit for purpose’

David Lonsdale

GDP growth for the fourth quarter confirmed at 0.5%, down from 0.7% in previous quarter; investment fallen at sharpest rate for six years

Standard Chartered bank announces Peter Sands chief executive to be replaced by investment banker Bill Winters

Project able to power every home in capital

Renewables firm secures price deal on giant Fife wind farm

Online traffic adding to growth

Macfarlane ready to wrap up acquisition in first half of year

Asos

Thur City brief: New FTSE100 record; Ladbrokes closing 60 shops

Edinburgh and Glasgow reach 1m viewers

STV sees rise in advertising revenue on back of new launches

STV catchphrase

More jobs to go in restructuring

RBS boss insists bank ‘making progress’ despite 7th year of loss