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Airdrie Savings Bank
Airdrie Savings Bank was a small commercial bank operation in the Lanarkshire area of Scotland. It ran nine branches throughout the area, with its head office in Airdrie at the time of the announcement of its closure. Total assets of the bank at 31 October 2013 were £158 million with a reported loss of £267,000. In January 2017, the bank announced it would begin closure proceedings on 28 April of that year. Corporate structure Airdrie Savings Bank was the only remaining independent savings bank in the UK. It operated on mutual principles, had no shareholders and was instead governed by a board of trustees, appointed to represent the interests of depositors and to ensure that the bank was managed properly. In addition to Airdrie, there were branches in Bellshill and Coatbridge at the time of the announcement of its closure. History The first true savings bank was established by Rev. Henry Duncan in the Dumfriesshire village of Ruthwell in 1810. Duncan's model was rapidl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TSB Bank Plc
TSB Bank plc is a British retail and commercial bank based in Edinburgh, Scotland. It has been a subsidiary of Sabadell Group since 2015. , TSB Bank operates a network of 220 branches. TSB was launched on 9 September 2013. Its headquarters are located in Edinburgh, Scotland, and it has more than five million customers with over £37 billion of lending and £36 billion of customer deposits. The bank was formed from the existing business of Lloyds TSB Scotland plc, into which a number of Lloyds TSB branches in England and Wales and all branches of Cheltenham & Gloucester were transferred, and renamed TSB Bank plc. A European Commission ruling that the British government's 2009 purchase of a 43% stake in Lloyds Banking Group counted as state aid made it necessary for Lloyds Banking Group to sell a portion of its business; TSB was divested. Post-divestment, TSB offered an initial public offering and was listed on the London Stock Exchange in June 2014. In 2015, it was acquired b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings Bank
A savings bank is a financial institution that is not run on a profit-maximizing basis, and whose original or primary purpose is collecting deposits on savings accounts that are invested on a low-risk basis and receive interest. Savings banks have mostly existed as a separate category in Europe. Savings banks originated in late-18th century Europe as a development of the Enlightenment, and became a Europe-wide phenomenon in the first half of the 19th century. The trajectories of savings bank systems then diverged across European nations, variously leading to the formation of integrated banking groups, cohesive national networks, conversion into cooperative banking or commercial banking entities, and/or piecemeal consolidation with other credit institutions. In most countries, the surviving savings banks have private-sector status and no longer operate under a distinctive legislative framework; significant exceptions include Germany and Luxembourg, where savings banks are public ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ruthwell
Ruthwell is a village and parish on the Solway Firth between Dumfries and Annan, Dumfries and Galloway, Annan in Dumfries and Galloway, Scotland. In 2022 the combined population of Ruthwell and nearby Clarencefield was 400. Thomas Randolph, Earl of Moray, gave Ruthwell to his nephew, Sir William Murray, confirmed to John Murray, 1st Earl of Annandale, Sir John Murray, of Cockpool, in 1509 by King James VI. He was later given the title Earl of Annandale: their landownings in Ruthwell passed by inheritance to Viscount of Stormont, Lord Stormont in 1658, and after 1792 to the Earls of Mansfield. Ruthwell's most famous inhabitant was the Presbyterian polity, Rev. Henry Duncan (minister), Henry Duncan. He was a Religious minister, minister, author, antiquarian, geologist, publisher, philanthropist, artist and businessman. In 1810 Dr Duncan opened the world's first commercial savings bank, Ruthwell Savings Bank, paying interest on its investors' modest savings. The Henry Duncan Savin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wesleyan Assurance Society
Wesleyan Assurance Society is a financial services mutual that provides advice and products to select professional groups – notably GPs, hospital doctors, dentists and teachers. The society was founded in Birmingham, England, in 1841 and its head office remains in the city centre – based at Colmore Circus. The mutual reported £7.2 billion of assets under management for the financial year ending 31 December 2022. History Wesleyan was established in Birmingham during the early years of Queen Victoria's reign. It was founded in 1841 by members of the Wesleyan Methodist Church to help people overcome financial problems brought on by the first Industrial Revolution. The society began offering life assurance on a nationwide scale in 1855 and continued to grow in the late 1800s. The ( 4 & 5 Geo. 5. c. clxvii) gave the society a corporate identity of its own and allowed it more investment freedom. The society was also a subscriber to the government and allies' War Loan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tom Farmer
Sir Thomas Farmer (10 July 1940 – 9 May 2025) was a Scottish businessman who founded the Kwik Fit chain of garages and owned the Scottish football club Hibernian. Sir Tom was Chancellor of Queen Margaret University, Edinburgh from 2007 until 2015. Early life Farmer was born on 10 July 1940 in Leith, Edinburgh. One of seven siblings in a devoutly Catholic family, in 1964, Farmer founded his own tyre retailing business which he sold in 1969 for £450,000. Farmer retired to the United States, but became unsatisfied and decided to find a new venture, founding Kwik Fit in 1971. Career According to the ''Sunday Times Rich List'' in 2020, Farmer was worth an estimated £126 million. Kwik Fit Farmer founded the Kwik Fit chain of garages in 1971. The firm grew quickly, mainly through acquisition, including opening in the Netherlands in 1975. Farmer was named Scottish Businessman of the Year in 1989. After building the chain to become the world's largest independent tyre and a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Souter
Sir Brian Souter (born 5 May 1954) is a Scottish businessman. With his sister, Ann Gloag, he founded the Stagecoach Group of bus and rail operators. He also founded the bus and coach operator Megabus, the train operating company South West Trains, his investments company Souter Holdings Ltd, and the Souter Charitable Trust. Souter has been politically active in Scotland, and supported the Scottish National Party (SNP) financially. In 2000, when the Scottish Executive proposed to repeal Section 2A of the Local Government Act, which prevented local authorities from "promoting homosexuality", Souter started the Keep the Clause campaign to oppose their plans, spending £1 million of his own money to organise a private referendum across Scotland. This campaign and other controversial statements have led opponents to accuse him of homophobia. In 2011, he was knighted for services to transport and the voluntary sector. The honour was criticised by Scottish Labour Party politicians a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ann Gloag
Ann Heron Gloag DBE (née Souter; born 10 December 1942) is a Scottish businesswoman, activist, and charity campaigner. She is co-founder of the transport company Stagecoach Group. According to The '' Sunday Times Rich List'' in 2024, Gloag and her brother, Sir Brian Souter, are worth £815 million, an increase of £35 million from the previous year. In 2023, Gloag put Beaufort Castle, her Category A listed residence in the Scottish Highlands, up for sale at £7.5 million. Located near Kiltarlity, 13 miles west of Inverness, the castle was originally built in the 12th century and then rebuilt in 1880. Gloag purchased the historic estate, which includes a 26-bedroom principal property, a chapel, six residential cottages and 127 acres of land, in 1994 for approximately £1.5 million. Biography Gloag was educated at Caledonian Road Primary School and Perth High School. She later qualified as a nurse and during a 20-year career worked as a burn unit sister. She is ranked as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Murray (Scottish Businessman)
Sir David Edward Murray (born 14 October 1951) is a Scottish entrepreneur, businessman and former chairman of the Rangers Football Club. Born in Ayr, Scotland, Murray had formed the company Murray International Metals Limited by the age of 23. The company grew to include steel distribution, mining and property development. Murray is perhaps best known for his ownership of Scottish football club Rangers, which he purchased for £6 million in 1988. Under his stewardship, the club won 15 League Championships and 20 domestic Cups. Murray stepped down as chairman in 2009, and was replaced by Alastair Johnston. Early life and education Born in Ayr on 14 October 1951, Murray was educated at Ayr Academy, Belmont High School, Fettes College and Broughton High School. By the age of 23 Murray had formed Murray International Metals Limited, which was to become a leading distributor of structural steel. Business career Subsequently, the Murray Group of companies grew with some sayi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Angus Grossart
Sir Angus McFarlane McLeod Grossart (6 April 1937 – 13 May 2022) was a Scottish businessman who was the founder, chairman and executive director of Edinburgh-based merchant bank Noble Grossart. Personal life Grossart was born on 6 April 1937 in Carluke, Lanarkshire, one of three sons to Mary and William Grossart. He was schooled at The Glasgow Academy. He proudly recalled honing his business skills at a Barrowlands stall selling reject toffee. As a young man, he displayed a talent for golf and was runner-up in the 1957 British youth championships. He studied law at the University of Glasgow and studied for the Scottish Bar in Edinburgh under James MacKay. He then worked in corporate tax law before cofounding the merchant bank Noble Grossart in 1969. In 1977, he purchased Pitcullo Castle, a 16th-century house that he restored over many years. In 1978, he married Gay Thomson with whom he had a daughter. He was appointed CBE in 1990 and was knighted in 1997. He died at his ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Motherwell
Motherwell (, ) is a List of towns and cities in Scotland by population, town and former burgh in North Lanarkshire, Scotland, United Kingdom, south east of Glasgow. It has a population of around 32,120. Shires of Scotland, Historically in the parish of Dalziel (parish), Dalziel and part of Lanarkshire, Motherwell is the headquarters for North Lanarkshire Council. Geographically the River Clyde separates Motherwell from Hamilton, South Lanarkshire, Hamilton to the west whereas the South Calder Water separates Motherwell from Carfin to the north-east and New Stevenston and Bellshill towards the north. Motherwell is also geographically attached to Wishaw and the two towns form a large urban area in North Lanarkshire, with both towns having similar populations and strong community ties. History A Roman Empire, Roman road through central Scotland ran along Motherwell's side of the River Clyde, crossing the South Calder Water near Bothwellhaugh Roman Fort, Bothwellhaugh. At this cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whifflet
Whifflet (, ) is an area of the town of Coatbridge, Scotland, which once formed its own distinctive village. It is referred to, locally, as "The Whifflet" (and pronounced ''"wheef-lat" or "whiff-lat''"'').'' Whifflet was originally known as "The Wheat Flats", due to its flat empty land of dry wheat however, overtime the name appears to have developed into "Whifflet". Although Whifflet is now a suburb-area of Coatbridge, many locals still refer to it as "The Whifflet", with emphasis on the 'The'. Whifflet is dominated by its Main Street, aptly named 'Whifflet Street', which has numerous shops, takeout restaurants, bookmakers, an old fashioned sweet shop and many pubs. There are two main tower blocks of flats located on Whifflet Street, named 'Whifflet Court' and 'Calder Court'. Both tower blocks, built in 1963, contain 165 individual residences (330 in total) and are 15 storeys high. There are current discussions underway with North Lanarkshire Council to demolish various tow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baillieston
Baillieston () is a working class suburb of Glasgow, Scotland. It is about east of the city centre. It also gives its name to Ward 20 of Glasgow City Council and forms part of the Glasgow East constituency of the UK Parliament. Geographical position Once a separate village, Baillieston is now on the periphery of the Glasgow urban area, situated west of a major interchange between the M8, M74 and M73 motorways and the A8 trunk road, between the town of Coatbridge in North Lanarkshire, and the neighbouring Glasgow neighbourhoods of Sandyhills, Barlanark and Mount Vernon, Glasgow, Mount Vernon. Suburban developments in the vicinity such as Barrachnie, Garrowhill, Springhill, Glasgow, Springhill and Swinton, Glasgow, Swinton are generally considered to fall within the larger modern Baillieston district. The area is served by Baillieston railway station, with the Broomhouse, Glasgow, Broomhouse neighbourhood on the opposite side of the tracks accessed via a rebuilt road bridg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
