|
Airdrie Savings Bank
Airdrie Savings Bank was a small commercial bank operation in the Lanarkshire area of Scotland. It ran three 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 rapid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
TSB Bank Plc
TSB Bank plc is a retail and commercial bank in the United Kingdom and a subsidiary of Sabadell Group. TSB Bank operates a network of 220 branches across England, Scotland and Wales but has not had a presence in Northern Ireland since 1991. TSB in its present form launched on 9 September 2013. Its headquarters are located in Edinburgh and it has more than 5.0 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 Lon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings Bank
A savings bank is a financial institution whose primary purpose is accepting savings account, savings deposits and paying interest on those deposits. History of banking, They originated in Europe during the 18th century with the aim of providing access to Wealth, savings products to all levels in the population. Often associated with social good, these early banks were often designed to encourage low-income people to Saving, save money and have access to banking services. They were set up by governments or by socially committed groups or organisations such as with credit unions. The structure and legislation took many different forms in different countries over the 20th century. Savings banks and Savings and loan association, savings-and-loans are often confused. The original function of savings banks to service consumers was limited to savings. Savings banks invested in Government debt, government and Corporate bond, corporate debt. Savings and loan associations had a dual p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ruthwell
Ruthwell is a village and parish on the Solway Firth between Dumfries and Annan in Dumfries and Galloway, Scotland. Thomas Randolph, Earl of Moray, gave Ruthwell to his nephew, Sir William Murray, confirmed to 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 Lord Stormont in 1658, and after 1792 to the Earls of Mansfield. Ruthwell's most famous inhabitant was the Rev. Henry Duncan. He was a 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 Savings Bank Museum tells the story of early home savings in Britain. The museum is on the site of the Ruthwell Savings Bank. In 1818, Duncan restored the Ruthwell Cross, one of the finest Anglo-Saxon crosses in the United Kingdom, now in Rut ... [...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 Wesleyan and General Assurance Society Act 1914 ( 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 sub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tom Farmer
Sir Thomas Farmer, (born 10 July 1940) is a Scottish entrepreneur. Early life 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 bored and decided to find a new challenge. Business career Farmer returned to Edinburgh to found 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 automotive repair specialists with over 2,000 centres operating in 18 different countries, Farmer sold the firm to Ford in 1999 for more than £1 billion. He is the first Scot to be awarded the prestigious Andrew Carnegie Medal for philanthropy. Farmer owned 90% of Hibernian, a professional football club based in Edinburgh in 2003. He invested nea ... [...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 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 and b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ann Gloag
Dame Ann Heron Gloag DBE (née Souter; born 10 December 1942) is a Scottish billionaire businesswoman, activist, and charity campaigner. She is co-founder of the international transport company Stagecoach Group. According to The ''Sunday Times Rich List'' in 2020, Gloag and her brother, Sir Brian Souter are worth £730 million, a decrease of £145 million from the previous year. Biography Educated at Caledonian Road Primary School and Perth High School, Gloag qualified as a nurse, and during a 20-year career worked as a burn unit sister. She is ranked as Scotland's richest woman. She has returned to her nursing roots in her philanthropic work with the charity Mercy Ships where she is a trustee. Gloag has served on the Mercy Ships UK and International boards for over a decade and was instrumental in the launch of the Africa Mercy – Mercy Ships floating hospital. Stagecoach Using her father (a bus driver)'s redundancy money, and working with her brother, Brian Souter, and her f ... [...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 F.C., which he purchased for £6 million in 1988. While owner, the club won 15 League Championships and 20 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 saying it became one of ... [...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 hi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Motherwell
Motherwell ( sco, Mitherwall, gd, Tobar na Màthar) is a town and former burgh in North Lanarkshire, Scotland, United Kingdom, south east of Glasgow. It has a population of around 32,120. Historically in the parish of Dalziel and part of Lanarkshire, Motherwell is the headquarters for North Lanarkshire Council. Geographically the River Clyde separates Motherwell from 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 road through central Scotland ran along Motherwell's side of the River Clyde, crossing the South Calder Water near Bothwellhaugh. At this crossing a fort and bath house were erected, but the Roman presence in Scotland did not last much later than this. Motherwe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whifflet
Whifflet ( sco, The Whufflit, gd, Magh na Cruithneachd) is now a suburb of Coatbridge, Scotland, which once formed its own distinctive village. It is referred to locally as 'The Whifflet' (and pronounced ''whiff-lit''). Presently located in the North Lanarkshire Council area it was originally known as wheat flats (hence the vernacular pronunciation) but over time the name appears to have developed into Whifflet. It is dominated by its main street, Whifflet Street, which has many shops including an old sweet shop Tommy Tangos, pubs and bookmakers and is towered over by the post-war built Calder flats. The two most prominent tower blocks are on Whifflet St. Whifflet is an area of Coatbridge which, historically, has been the centre of a lot of mining activity. One of the Whifflet pits in the 19th century reached a depth of 330 feet underground. Albion Rovers football club was originally based in the Whifflet area at Meadow Park. Notable residents have included Jock Cunningham a C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baillieston
Baillieston ( sco, Bailiestoun) is a 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. Suburban developments in the vicinity such as Barrachnie, Garrowhill, Springhill and Swinton are generally considered to fall within the larger modern Baillieston district. The area is served by Baillieston railway station, with the Broomhouse neighbourhood on the opposite side of the tracks accessed via a rebuilt road bridge and a pedestrian underpass. The remnants of the Monkland Canal lie to nor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
%2C_25_July_2008.jpg "Click for more on -> Brian Souter")
.jpg "Click for more on -> Baillieston")