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Day: 6 May 2020

Rent talks fail

Debenhams’ Silverburn store one of five closing

Debenhams
Department store chain has secured new deals Debenham’s department store in Glasgow’s Silverburn shopping centre is one of five that will not reopen when the lockdown ends. Administrators for theRead More

Minister appeals to public

20% rise in car traffic since lockdown imposed

cars-and-bus-on-road
More people are taking local trips (pic: Terry Murden) More people are taking to the roads in defiance of the lockdown guidelines, with car traffic up 20% since the restrictionsRead More

Clash over construction

Jenrick and Sturgeon in conflict over building sites

St James Centre, Edinburgh
Resuming work on construction sites is a split decision UK Communities Secretary Robert Jenrick set the UK and Scottish governments on a collision course over re-starting work at construction sites.Read More

Biggest contract secured

Snappy Shopper now UK-wide after Spar deal

Mark-Steven-Snappy-shopper
Mark Steven: ‘home delivery in the convenience retail arena is growing’ Snappy Shopper’s convenience store home delivery platform is now available across the UK after the Dundee based firm sealedRead More

As profits fall...

Virgin Money braced for surge in bad loans

Virgin Money
The bank has suspended the closure of branches (pic: Terry Murden) Virgin Money has seen first half underlying profit fall 58% to £120m (2019: £286m) as it prepared for a surgeRead More

Research and jobs saved

£75m aid to help universities cope with lost income

Edinburgh university
The new funding will replace lost research income and protect research jobs The Scottish Government has announced a one-off £75 million increase in funding for Scotland’s universities to ensure theyRead More

Permanent closures

Third of pub and restaurant owners plan to shut sites

pubs and bars
Bar owners expect to shut some sites permanently A third of pub and restaurant owners expect to close outlets permanently as a result of the coronavirus pandemic. A survey ofRead More

Lockdown solution

Digital deals hub helps keep transactions flowing

Stuart Hendry: ‘we all need to find new ways of working’ Law firm MBM Commercial law firm has launched a Digital Deals Hub, to help transactions stay on track during lockdown.Read More

Wednesday Update

DB Live: CMA blocks JD Sports deal; ITV falls; markets

JD sports
5.30pm: More UK construction may open UK Communities Secretary Robert Jenrick suggested that the construction sector should return to work “wherever possible” and hinted that this will be part ofRead More

Law

Sabey joins Glasgow office of law firm Gilson Gray

Law firm Gilson Gray has appointed Mark Sabey as legal director in the firm’s Glasgow real estate division, bringing the team up to 10. Originally from London, Mr Sabey isRead More