Media Coverage
The Times 24 March 09 -HBOS Pulls Funding
Caltongate in doubt as HBOS cuts support for Mountgrange Capital
The future of one of the most controversial building developments in Edinburgh has been thrown into doubt, after the company behind the project in the city's historic Old Town went into administration.
Mountgrange in Administration 24 Mar 09
Press Release - 19th Feb 09
Opportunity for city council to rescue Canongate from the ashes of Mountgrange" say campaigners Rejoice! Caltongate, Edinburgh's grandiose £300 million development project, looks dead in the water because the company behind it, Mountgrange, has run out of dosh. The company has clocked up a loss of £24m and is so indebted that there is "a material uncertainty that casts doubts over the company's ability to continue as a going concern". After yesterdays revelations in The Evening News, Mountgrange`s Spin Doctors were battling back see todays The Scotsman and The Herald In the current issue of Product Magazine is a 4 page article in the Ideas Section - "The Future Dream is a Shopping Scheme" by Sergio Burns on the development in Edinburgh’s Old Town that has sparked a battle for the city’s soul |
Latest Media
|



