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25-Aug-2017 03:54

It was designed for Sir Lawrence Dundas by Sir William Chambers as a Palladian mansion, completed in 1774.

An axial banking hall (Telling Room) behind the building, designed by John Dick Peddie, was added in 1857; it features a domed roof, painted blue internally, with gold star-shaped coffers.

Further branches were opened in Dundee, Rothesay, Dalkeith, Greenock, Port Glasgow, and Leith in the first part of the nineteenth century.

In 1821, the bank moved from its original head office in Edinburgh's Old Town to Dundas House, on St. The building as seen along George Street forms the eastern end of the central vista in New Town.

It was purchased by Trinity Mirror in 1999, The PM is no longer published by the Daily Record.

Politically, the Daily Record supported the conservative Unionist Party until the 1964 general election, when it switched its allegiance to the Labour Party.

The Royal Bank built up large holdings of the Bank of Scotland's notes, which it acquired in exchange for its own notes, then suddenly presented to the Bank of Scotland for payment.

To pay these notes, the Bank of Scotland was forced to call in its loans and, in March 1728, to suspend payments.

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To prevent similar attacks in the future, the Bank of Scotland put an "option clause" on its notes, giving it the right to make the notes interest-bearing while delaying payment for six months; the Royal Bank followed suit.

The paper continues to support the Labour Party and has a close relationship with it, including donating £10,000 to the party in 2007.

For many years there has been a close relationship between Daily Record journalists and Labour Party politicians in Scotland, and a revolving door between newspaper staff and Labour advisers.

Paul Sinclair was political editor of the Daily Record (2000-2005), before becoming a special advisor to Douglas Alexander, and then to Gordon Brown.

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He has been Johann Lamont's special adviser and official spokesperson since 2011.The Bank of Scotland was effective in raising funds for the Jacobite Rebellion The bank traces its origin to the Society of the Subscribed Equivalent Debt, which was set up by investors in the failed Company of Scotland to protect the compensation they received as part of the arrangements of the 1707 Acts of Union.