
New Edinburgh public gardens project lands £2.85m donation
Read more:
The £2.8m donation is the second major funding boost for the project in the space of six months after it secured a £5m pledge from the National Lottery Heritage Fund.
Most of the backing for the new cultural centre, which will have three indoor performance spaces, has pledged by an American arts philanthropist, Carol Colburn Grigor, through her Dunard Fund charity.
The proposed grounds of the National Centre for Music in Edinburgh. (Image: Tom Stuart-Smith Studio)
It was announced last year that award-winning landscape architect Tom Stuart-Smith was masterminding what is planned to become the most significant new green spaces in the heart of the Scottish capital since the creation of Princes Street Gardens in the 1820s.
The Royal High School Preservation Trust, the charity pursuing the project, which will include a new indoor concert hall in the heart of the building, has pledged that the new gardens will be open to the public every day and free to access.
The grounds of the new National Centre for Music in Edinburgh are planned to be open to the public throughout the year. (Image: Tom Stuart-Smith Studio)
The Julia Rausing Trust, which was created in 2014, became one of the UK's biggest philanthropic funds. Although Ms Rising passed away last year, her husband Hans has pledged that it will continue in her memory and will be distributing around £100m a year.
The trust will be supporting the east garden at the Calton Hill site, which will feature more than 200 varieties of flowering trees, flowers and grasses. The pavilion in the east garden will host horticultural and environmental talks, and showcase 'the story of Scotland's rich and diverse fauna.'
The new National Centre for Music is expected to open in 2027. (Image: Richard Murphy Architects)
Simon Fourmy, director of the Julia Rausing Trust, said: 'The transformation of the former Royal High School in Edinburgh into a new National Centre for Music is a remarkable project and it is exciting to see a new public garden created as part of this initiative.
'Supporting heritage for the benefit of all was an important part of Julia Rausing's giving and together with her interest in horticulture and love of gardens, make this a fitting project to support as part of her continuing legacy.'
Tom Stuart-Smith said: 'The overall design of these gardens aims to highlight the extraordinary architectural setting of not only the building but also Edinburgh, creating a tranquil retreat accessible for everyone and recognised as an outstanding destination in the city centre.'
Kate Smith, development director at the Royal High School Preservation Trust, said: 'The gardens will be an extremely important feature of the new National Centre for Music.
'They will have health and wellbeing at their heart and create an urban oasis for the whole community to enjoy.
'The old Royal High School building is one of the most important neoclassical buildings in Scotland and the gardens will form the perfect frame for the exciting new musical hub planned for the building.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Scotsman
an hour ago
- Scotsman
Reactec takeover: Hand-arm vibration pioneer spun out from University of Edinburgh bought by major player
'We can totally see the value our technology can bring to Ideagen's existing customer base' – Reactec CEO Jacqui McLaughlin Sign up to our Scotsman Money newsletter, covering all you need to know to help manage your money. Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... Reactec, the Edinburgh-based tech firm best known for developing a hand vibration monitoring system, has been acquired by risk software specialist Ideagen. The deal, for an undisclosed sum, is said to mark a 'pivotal step' in Ideagen's drive to improve safety and operational performance, particularly for firms in high-risk industries such as mining, construction and manufacturing. Advertisement Hide Ad Advertisement Hide Ad Archangel Investors, the Scottish investment syndicate, was an early investor in Reactec - a University of Edinburgh spinout - supporting the company's evolution from a specialised hand-arm vibration monitoring outfit to a workplace safety platform utilising wearable technology and data analytics. Founded in 2001 as a spin-out from University of Edinburgh, Reactec specialises in vibration monitoring and its impact. Picture: Peter Devlin Reactec chief executive Jacqui McLaughlin said: 'At Reactec, our core mission has always been to protect workers and provide actionable insights that foster healthier and safer work environments. 'Becoming part of Ideagen allows us to extend our reach and provide even greater value to organisations that are forward thinking in their approach to enhancing the health and wellbeing of their workers. 'We, like Ideagen, seek to prevent and not simply mitigate risk. We can totally see the value our technology can bring to Ideagen's existing customer base and look forward to working with them to deliver real impact.' Advertisement Hide Ad Advertisement Hide Ad Ben Dorks, Ideagen's chief executive, said: 'This is a significant milestone for Ideagen as we continue to invest in technologies that address real-world challenges faced by our customers. Reactec's wearable technology and data analytics are a perfect complement to our portfolio, putting cutting-edge tools directly into the hands of those who need it most. Together, we are setting new standards for workplace safety and risk mitigation.' The takeover of Reactec marks Ideagen's sixth acquisition in 2025. David Ovens, joint managing director of Edinburgh-based Archangels, said: "Over several years, Archangels has supported Reactec's transformation from a narrow hand-arm vibration application to a broad workplace safety platform, delivering meaningful health outcomes for workers. 'We're particularly pleased to see recent strong growth in both domestic and international markets and we look forward to seeing the business flourish as part of Ideagen's global network which provides the perfect springboard for expansion,' he added.


STV News
an hour ago
- STV News
How Scotland's biggest con man caused the first modern stock market crash
A Scottish adventurer, believed to have caused the first-ever modern stock market crash 200 years ago, created a fictitious country to attract investors. Gregor MacGregor, born in Stirling on Christmas Eve in 1785, was a soldier, explorer and con man who attempted to draw British and French investors and settlers to a made-up nation. Poyais was a fictional Central American republic that McGregor claimed to rule as a sort of tribal chieftain called a Cazique, with hundreds investing in government bonds for the territory. MacGregor issued a £300,000 loan through the London bank of Thomas Jenkins & Company for the bonds and land certificates, which is around £24m in today's money. Hundreds left Leith Dock in 1823 bound for the non-existent country in the Bay of Honduras, only to find a jungle with little food or shelter. The plots of land and government bonds that MacGregor sold, nor Poyais itself, actually existed. His actions are believed to have led to the Panic of 1825 – a stock market crash that originated in the Bank of England. The story of Gregor MacGregor's rise and fall McGregor came from a warrior clan and joined the British Army at 16, perhaps drawing inspiration from his grandfather, who served with the Black Watch, and his father, who captained East India Company ships. A short time later, McGregor returned from duty to Scotland and moved to Edinburgh with his wife Maria. He called himself a colonel before referring to himself as Sir Gregor MacGregor and claimed he was a clan leader. Following his wife's death in 1811, he sold his inheritance and left for Venezuela, a country embroiled in war. Revolutionary General Francisco de Miranda was said to have 'admired' his courage. He married Doña Josefa Antonia Aristeguieta y Lovera, the niece of Simon Bolívar, former President of Peru. McGregor soon found himself with a large stretch of land between Nicaragua and Honduras – the basis of what would become the fictitious Poyais. Following the Napoleonic Wars, he took advantage of investors in London who had 'money to burn'. He took out adverts in newspapers and opened sales offices to attract investment. When ships carrying emigrants from Scotland arrived in 1823, the towns and roads of Poyais didn't exist. They were told by passengers on a previous boat that left London in September the year prior that they had been duped. Due to a lack of available food and shelter, diseases were rife among those who made the journey. As many as two-thirds died by the time a rescue was possible. After his plan was foiled, he continued to scheme in France, managing to earn almost £300,000 thanks to enthusiastic investors. However, he was soon found out and detained and tried for fraud in a French court in 1826. MacGregor managed to escape prosecution while one of his associates was found guilty. In 1838, he retired to Venezuela and passed away peacefully in Caracas at the age of 58, seven years later. It's believed he amassed a wealth of £1.3m, around £3.5bn in today's money through his schemes. A Scottish theatre maker says MacGregor's actions go far beyond the context of the 1800s and reflect modern society. Liam Rees, from Glasgow, took the con man's story and created a performance entitled The Land That Never Was – exploring the 'audacious' details of his life. James Armandary Liam Rees, who made a play about Scotland's biggest con man. 'It was the audacity of it, the fact that he decided to make up a country,' he told STV News. 'It doesn't really get much bigger in terms of the ballsiness it requires. 'Consensus among historians and academics is that this was obviously a scam. But there is part of me that wonders if he thought he was going to fake it until he made it. It's a pretty common tactic. 'I wanted to ask what we are willing to believe? And do you need to believe in something impossible for it to become reality? I was intrigued by that. 'As humans, we need to believe in something, and it's the question of how that gets used or abused. ' He added: 'At the time, I was thinking a lot about Scotland and national identity, especially when it came to things with the independence referendum and Brexit. 'I was thinking, who are we as a country? And there's something in that. He tapped into the very colonial fever that was hitting the UK and Scotland at the time. 'It took me a while to work out why I kept on being drawn to the story, and in a weird way, I found out that the performance was about hope and about why people believe in ridiculous things. 'Those who fell for his scam were desperate and destitute, and so it was in some ways their only option. 'Nowadays, it feels like the world is constantly getting worse. There are more scams than ever with things like crypto and AI. It's some of the worst parts of humanity. 'It's always driven by the fact that people want things to change, to get better.' Liam is developing a new show about the collapse of the Roman Empire called The Empire Is Collapsing and I'm Doing My F****** Laundry with support from the Theatre de la Ville in Luxembourg. He is also an associate artist with Dead Centre, a theatre company based in Dublin, and is collaborating on their new show Deaf Republic at the Royal Court Theatre in London. Get all the latest news from around the country Follow STV News Scan the QR code on your mobile device for all the latest news from around the country


Telegraph
2 hours ago
- Telegraph
FTSE pay hits fresh record as bosses push for US-style deals
In recent years, boards have sought to address the imbalance by awarding more lucrative deals to chief executives. However, investors have baulked at high pay in some cases. Nearly half of voting investors rejected proposals to pay the boss of FTSE 100 medical device maker Smith & Nephew $11.8m (£9.5m) last year. David Schwimmer, the boss of the London Stock Exchange Group, also faced a revolt over plans to raise his pay from £5.1m to £7.8m, with almost a third of investors rejecting the plans. Peter Dilnot, the chief executive of Melrose Industries, was the highest-paid FTSE 100 boss last year, with a pay packet worth £45.4m. Omar Abbosh, the chief executive of Pearson, was the second-highest-paid executive after he was handed a £13m 'golden hello' when he took over from his predecessor, Andy Bird. Sir Pascal Soriot, the chief executive of AstraZeneca, was the third-highest-paid FTSE 100 chief, with a total package worth almost £15m in 2024-25. AstraZeneca was also hit by a rebellion over executive pay last year after proxy advisers, including Glass Lewis and Institutional Shareholder Services, recommended shareholders reject Mr Soriot's 'excessive' remuneration package. Sir Pascal has in the past been the highest-paid executive on the FTSE 100 and has earned around £150m since taking charge of AstraZeneca in 2012. He is said to have privately contemplated shifting the company to the US amid frustrations with Britain. Luke Hildyard, director of the High Pay Centre, said: 'The contrast between the multi-million-pound pay awards for the chief executives of Britain's biggest corporations and the wider economic uncertainty and social division across the country is really stark. 'These figures will feed a growing sense that low and middle-earners don't get a fair share of the wealth that their work helps to create, while those at the top take much more than they merit or need.'