Credit crunch

Financial credit crunch

Edinburgh Film Festival director James Mullighan has rebutted recent media reports suggesting Mark Cousins, Linda Myles, and Tilda Swinton have "parted company" with the film festival and that the festival is running months behind schedule

Edinburgh City Council's controversial renovation of the Assembly Rooms on George Street has received a funding boost in the form a £441,000 grant from the Heritage Lottery Fund (HLF).

Lloyds Banking Group has been criticised by the union Unite for "drip feeding" staff job loss announcements as it takes on more agency staff.

Virgin Money was officially announced today as the title sponsor of the Edinburgh International Festival Fireworks Concert, the 28-year-old, grand finale of Edinburgh's summer festivals.

STV News came up with some startling news - that the capital city might have to repay up to £500 million if it is unable to complete the ill-fated trams project. The statement by Ainslie McLaughlin, the Director of Major Infrastructure Projects at Transport Scotland, must have landed like the proverbial bombshell on the City Council.

The face of the financial crisis has taken many forms, from people lining up outside banks desperate to get at their savings, to the dilapidation of newly built suburban homes that have been foreclosed on.

The proposed merger between the University of Edinburgh and Edinburgh College of Art (ECA) has been approved by the Scottish Government and will be backed by £13.8 million of new investment from the Scottish Funding Council.

The Edinburgh Film Festival is truly getting a big shake-up whether it likes it or not. We knew funding would be an issue this year following the loss of a £1.9 million three-year grant from the UK Film Council.

The end of the year is approaching and the Filmhouse is hosting a season of films featuring Edinburgh as part of the Hogmanay festivities.

It was only days ago that people were commending multi-use arts venue the Roxy Art House for its experimental