Scotsman Hotel not closing down, owners insist

THE Scotsman Hotel has insisted it has no plans to shut down - despite a liquidator being drafted in to sort out its finances.

By The Newsroom

Published 1st Jul 2016, 12:35 BST

Updated 25th Aug 2016, 16:18 BST

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The Scotsman Hotel on North Bridge. Picture: Ian Rutherford

Management said jobs were secure and sights were firmly set on the busy Festival season.

The iconic hotel, on North Bridge, came under fire from HMRC last month over tax issues, yet managers - and liquidator French Duncan - stressed this had now been resolved.

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A spokeswoman for French Duncan said: “The Scotsman Hotel is continuing to trade and there are no plans for that to stop.

“French Duncan are working with the hotel’s senior management team to ensure that trading continues and to find a long-term sustainable solution.”

A spokesman for the hotel said: “There will be no redundancies, the hotel is trading well and looking forward to the extra business that comes with the Edinburgh Festival.”