2014

NT2574 : Demolition, St Andrew Square

taken 11 years ago, near to Edinburgh, Scotland

Demolition, St Andrew Square
Demolition, St Andrew Square
The end of a long-disused office block.
BCCI building and its Standard Life replacement

A long-disused office block at the southwest corner of St Andrew Square is being demolished. It was home to the Bank of Credit and Commerce International [BCCI], which failed spectacularly in 1991 with debts of £7billion, after investigations into its affairs showed widespread evidence of money-laundering, fraud and deceit. 30 UK councils lost deposits of £82m,of which the largest was the Western Isles Council, with £24m. As far as I know the building has been unused since then and 23 years after the bank's collapse the site is finally being redeveloped. Watch this space.


Creative Commons Licence [Some Rights Reserved]   © Copyright M J Richardson and licensed for reuse under this Creative Commons Licence.
Geographical Context: Lowlands City, Town centre Construction, Development Place: Edinburgh Disused: Office Block Primary Subject: Demolition Site other tags: Demolition St Andrew Square Click a tag, to view other nearby images.
This photo is linked from: Automatic Clusters: · St [596] · St Andrew Square [330] Other Photos: · Demolition in progress · The clearance looks as if it is nearly finished Title Clusters: · Demolition, St Andrew Square [3] ·
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Grid Square
NT2574, 1698 images   (more nearby 🔍)
Photographer
M J Richardson   (more nearby)
Date Taken
Thursday, 10 July, 2014   (more nearby)
Submitted
Thursday, 10 July, 2014
Subject Location
OSGB36: geotagged! NT 2557 7401 [10m precision]
WGS84: 55:57.1997N 3:11.6125W
Camera Location
OSGB36: geotagged! NT 2554 7402
View Direction
EAST (about 90 degrees)
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Image classification(about): Geograph
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