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From being the most dominant club in Scottish football history, Rangers F.C., one of the most famous and powerful names in British sport, was sold to venture capitalist Craig Whyte in 2011 . . . for £1. When Whyte walked through the gates at Ibrox,...
It started and ended with a financial catastrophe. The Darien disaster of 1700 drove Scotland into union with England, but spawned the institutions which transformed Edinburgh into a global financial centre. The crash of 2008 wrecked the city’s...
The collapse in January 2018 of the construction giant Carillion, outsourcer of huge Government building contracts, is one of the great financial scandals of modern times. When it folded it had only £29 million in the bank and debts and other...