All the updated news related to assets

All the news related to assets updated in real time

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Scotland

No decision taken on costs increase for overdue ferries, says Sturgeon

No decision has been taken on a more than £80 million budget increase to complete two late and over-budget ferries, Nicola Sturgeon has said. The Glen Sannox and as-yet-unnamed hull 802 were due to be in service by next year, but further delays were ...

29 Sept 2022 at 14:29

John Swinney: Ferguson document reports raise ‘fundamental questions’

Scotland

Ferguson document reports raise ‘fundamental questions’, says John Swinney

Deputy First Minister John Swinney said he has “concerns” over possible preferential treatment in the awarding of a contract for two over-budget and late ferries. The BBC reported Ferguson Marine, the Port Glasgow shipyard that won the contract to ...

27 Sept 2022 at 18:39

News

Ed Sheeran’s request for US copyright lawsuit to be dismissed is denied

Ed Sheeran’s motion to dismiss a copyright lawsuit that alleges he stole parts of Marvin Gaye’s famous song Let’s Get It On for his track Thinking Out Loud, has been denied by a US judge. The British musician faces accusations that key parts of ...

30 Sept 2022 at 19:13

Scotland

No evidence of Ferguson criminality but not my job to determine, says Sturgeon

Nicola Sturgeon has said she has not seen any evidence of criminality in the procurement and construction of two late and over-budget ferries, but she insisted coming to that conclusion was “not my job”. The Glen Sannox and as-yet-unnamed hull ...

28 Sept 2022 at 17:36

Law Commission proposes law reforms to better acknowledge crypto assets

Personal property law should be reformed to better recognise digital assets such as cryptocurrencies and non-fungible tokens (NFTs) in response to their growth in popularity, the Law Commission of England and Wales has said. The Commission ...

28 Jul 2022 at 08:06

City

HomeServe agrees £4bn takeover by Canadian investment group

Home repairs and emergency services group HomeServe has agreed a £4.1 billion takeover by a Canadian investment group. Brookfield Asset Management will pay £12 a share for HomeServe, which is one of the largest home emergency firms in the ...

19 May 2022 at 11:20

Scotland

Lib Dems to push for resignations if ferry completion deadline is missed again

The Scottish Lib Dems are set to push for resignations if the timetable for the completion of two delayed and over-budget ferries is missed again. Kate Forbes told MSPs last month that the Glen Sannox and as yet unnamed hull 802 will be ...

20 Apr 2022 at 01:25

Scotland

Bid to force resignations if ferry delivery timetable is missed again fails

An attempt to force ministerial resignations if the timetable for the delivery of two ferries is missed again, and costs continue to soar, has failed. In a motion in Holyrood, the Scottish Lib Dems sought to force Parliament to call on ...

20 Apr 2022 at 19:55

City

Dignity returns to profit as customers spend more on funerals

Funeral business Dignity has swung back to a profit after Covid lockdown restrictions meant more attended funerals could take place. A new pricing strategy meant revenues fell in 2021 from £314.1 million to £312 million, but pre-tax ...

23 Mar 2022 at 09:25

Scotland

Missing ferries document shows delayed vessels were approved by ex-minister

A long-sought document published by the Scottish Government has shown a disgraced minister approved the contract for two delayed and over-budget ferries despite concerns. The Glen Sannox and the as-yet-unnamed hull 802 were ...

11 May 2022 at 17:55

Scotland

Swinney did not sign off ferries deal, insists Sturgeon

Deputy First Minister John Swinney was not responsible for signing off a scandal-hit ferries contract, Nicola Sturgeon has said. An email trail released on Wednesday shows former transport minister Derek Mackay was ...

12 May 2022 at 14:25

Scotland

Nicola Sturgeon: Ex-Ferguson Marine staff can speak to watchdog about ferries

Ferguson Marine employees can speak to a watchdog over the issues experienced at the yard, Nicola Sturgeon has said. A report by Audit Scotland released last month found that the ferries would be delivered at ...

28 Apr 2022 at 14:55

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