Eight-bedroom nine-bath Glasgow home on sale for £2.2m
The listing said this is "a rare opportunity to purchase a piece of Glasgow's architectural history with an interesting background, this spectacular property was once home to the affluent iron merchant Archibald Schaw, and later his sister Marjory Shanks Schaw.
"Park Circus was masterfully designed by Charles Wilson in 1855, and constructed between 1857 and 1858."
Eight-bedroom nine-bath Glasgow home on sale for £2.2m (Image: Sourced) (Image: Sourced) (Image: Sourced)
READ NEXT: Inside 'impressive' family home with 'luxury' balcony for under £400k
Consisting of five floors, the house also boasts a lift, private garden, a "dog wash", a built-in safe, a fireman's pole, an electric charging point and more.
The property is 775 sq m and is in council and includes a mews building, which could be transformed into a garage, an office, a gymnasium, a ski cupboard or a guest house.
The garden contains a "gorgeous south-facing garden, fully re-landscaped in 2020, and flanked by two neat tree-lined rows, which together with the planting, provide a sense of privacy and a rarely available green space to enjoy in a city location.
"Outdoor barbecue kitchen area with bespoke concrete worktop, timber decked flooring and built-in wooden seating."
(Image: Sourced) (Image: Sourced) (Image: Sourced)
Inside, the beautiful home has eight bedrooms, nine bathrooms, along with lounges, cloakroom, cellar space and more.
The first floor kitchen has an "island and double ceramic sink, Quooker boiling tap, Siemens dishwasher, large Sub-Zero fridge/freezer and a commercial grade Wolf range cooker with four double-burner gas hob, hot plate, grill plate, and wide double electric oven, paired with a matching extractor hood and integrated warming lamps".
"The room also features a long walk-in pantry cupboard with floor-to-ceiling integrated storage. "
You can find our more at Rightmove.com.
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Times
7 days ago
- Times
Eurostar wants to launch new London routes. Can it make them work?
Almost 31 years ago, in 1994, the very first Eurostar train pulled out from the soaring arches of London Waterloo. Destination: Paris, Brussels and Lille. Back then, international train travel looked a bit different (for starters, it's not the same station — Eurostar moved to St Pancras International in 2007). In its first year of operation, Eurostar carried three million people. Last year 19.5 million of us sat on one of the company's elegant blue-and-yellow Siemens trains, with most journeys either starting or ending at the north London hub. By 2040 the cross-Channel operator is aiming to carry 25 million passengers, which translates as 2,700 an hour (up from 2,000 an hour now). The eventual goal is 5,000 passengers an hour. For context, London Heathrow, Europe's busiest airport, handles less than double that right now. The growth is thanks to the increased popularity of train travel in recent years, plus the fact that it has become a more viable option for European trips — as well as a convenient one. There are 17 trains a day linking London and Paris, and about half that to Brussels. This year Eurostar added more trains on its Amsterdam route, with five services a day linking the British and Dutch capitals (there's also a snazzy new terminal at Amsterdam Centraal station). This spring, a record 45,000 passengers travelled with Eurostar in one day. A large-scale expansion plan is in the offing. By 2030 Eurostar wants to run three new direct routes to Europe — to Frankfurt, Geneva and Cologne, all with a travel time of under six hours, which it says reflects passenger demand — and will introduce a fleet of 50 new trains to service them (rumoured to be double-decker versions by the French manufacturer Alstom, a passenger favourite). These are big ambitions. And to achieve them, St Pancras International, Eurostar's London hub, needs to adapt. Its planned expansion is in three phases — the first (which has already started) being to improve security and border control, the second to expand the station concourse and the third to look at moving arrivals upstairs, so they file straight out next to George Gilbert Scott's St Pancras Renaissance Hotel. To find out more, I had an exclusive behind-the-scenes look at what the station is doing to prepare for Eurostar's new era with Simon Lejeune, its chief safety and stations officer. First, the problems. Anybody arriving at the Eurostar terminal at St Pancras and either having to idle in a snaking queue past the shops, or trying to find a seat in its cramped waiting area, can attest to the fact that the 19th-century station is under pressure. The problem is space: the station is owned by English Heritage, listed as a heritage building by Historic England and there's nowhere else for it to expand. • 22 of the best rail journeys in Europe Eurostar is also under pressure from competitors including Richard Branson's Virgin Trains and Gemini Trains/Uber, which want to run services through the Channel Tunnel. Related to this, there's an ongoing row with the UK regulator the Office of Rail and Road (ORR) over available maintenance space at the east London depot Temple Mills, which only Eurostar leases at present. The ORR says the depot, which stores and maintains high-speed trains, only has space for planned Eurostar growth or a new entrant — but not both. The ORR decision as to whom the space will be awarded to is due by the end of October. Then there's the new European Entry/Exit System (EES), due to come into force from October 12, which will mean more queues around the station as travellers need to register biometrics such as fingerprints and facial scans, plus confirming other pieces of information including accommodation booking and insurance on special kiosks before travel. Passengers will need to revisit these kiosks for a biometric scan before every journey in a move that will eventually replace passport stamping, although the European Commission has confirmed there will be a six-month grace period and passports will continue to be stamped during that time. My tour starts by the bank of EES kiosks, outside the Eurostar terminal (there are 49 kiosks around the station in total). St Pancras, alongside Dover for the ferries and Folkestone for LeShuttle, has 'juxtaposed' EU borders, which means passengers enter France (and therefore the Schengen area) in the UK. 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Reuters
07-08-2025
- Reuters
Exclusive: Despite Western sanctions, Russian bomb factory bought Siemens tech via middleman
TBILISI/HONG KONG, Aug 7 (Reuters) - As Russia sought to ratchet up military production for the war in Ukraine, a state-owned explosives manufacturer circumvented Western sanctions by purchasing equipment made by Germany's Siemens ( opens new tab from a middleman that imports technology from China. The acquisition of the Siemens equipment needed to automate machinery at the Biysk Oleum Factory (BOZ), in southern Siberia, was made via a Russian intermediary that sources industrial technology from Chinese wholesalers and re-sellers, according to customs data and state procurement records reviewed by Reuters. The acquisition of the equipment shows how Russian military firms have been able to easily avoid Western sanctions to boost their production. U.S. President Donald Trump has given Moscow until Friday to agree a ceasefire in Ukraine or face additional sanctions. BOZ's parent company, Federal State Enterprise Ya. M. Sverdlov Plant, is already subject to U.S. and EU sanctions for assisting Russia's war effort. BOZ signed a deal in October 2022 to acquire the Siemens equipment from a Russian intermediary, Techpribor, the procurement records show. Soon before the expiry of the 140-day deadline to deliver the equipment, Techpribor received a shipment from a Chinese supplier of industrial equipment called Huizhou Funn Tek, based in Guangdong province, customs data showed. By matching Siemens product codes with customs codes, and reviewing descriptions in the documents, Reuters established that two Siemens power regulator devices supplied by Huizhou Funn Tek were identical to the models BOZ ordered. Reuters found no evidence Siemens knew its equipment was sold to the Russian explosives maker. A spokesman for the German engineering multinational said the firm strictly complies with international sanctions and demands the same from its customers, but he added that some goods could reach Russia without it knowing. Techpribor did not respond to a Reuters request for comment. Questions sent to BOZ and its parent company also went unanswered. Though it's well documented that Russian defence manufacturers have sourced Western technology from China, Reuters' reporting traces the path of equipment to show how a Russian defence firm can obtain Western equipment with minimal difficulty. Since Russia began its full-scale invasion of Ukraine in February 2022, the BOZ factory, in the southern Siberian city of Biysk, has been expanding. It has been building a new facility to produce another type of high explosive, called RDX, a Reuters investigation found. Acquiring automated machine tools is crucial to the Russian defence sector's drive to produce more munitions. They allow higher productivity with fewer workers, a vital consideration given the sector is experiencing a labour shortage, according to an October 2024 report, opens new tab by British defence think tank RUSI and the Open Source Centre, an organization that uses open data to study conflict, corruption and crime. Russia has only a limited track record of producing its own automated machine tools and defence manufacturers must often import them. Konrad Muzyka, director of the Rochan military consultancy in Poland, said the continued delivery of Western-made machinery to Russia was prolonging the war by feeding Moscow's rearmament drive. "These high-precision components are often irreplaceable within advanced manufacturing processes, including missile production, drone assembly, and tank refurbishment," he said. "Without them, Russia's capacity to sustain or scale its war effort would be more time consuming, expensive and place a bigger burden on the labour market." Tender documents on the state procurement database showed that in 2022 and 2023, the parent company of BOZ purchased three sets of Siemens industrial automation equipment, and specified they were for the plant in Biysk. The electronic devices, which carry the Siemens Simatic sub-brand, can be patched into industrial machinery, allowing it to be automated and monitored remotely. The tender documents identified the firm that won the contract to supply some of the equipment: Techpribor Company LLC, registered in the Russian exclave of Kaliningrad, situated between Poland and Lithuania. Reuters reviewed confidential tax service data that confirms it did business with BOZ's parent company. By examining Russian customs data, Reuters established that Techpribor, between February and November 2023, imported consignments of Siemens equipment from companies in China. Techpribor bought several shipments on the same date from Huizhou Funn Tek, which describes itself as a trader in industrial automation gear. The shipments included the two Siemens power regulators that matched the order placed by BOZ. The data reviewed by Reuters does not contain enough information to establish that the power regulators in the customs documents were the ones delivered to BOZ. The data does show though that they are the same model of Siemens gear. On its website, Huizhou Funn Tek identifies Siemens as a "partner" company. A representative of Huizhou Funn Tek, who gave her name as Ms. Chen, said the company was able to buy directly from Siemens. "They don't ask who the end user is," she said. Although Huizhou Funn Tek has many Russian clients, it wouldn't ship goods to entities that might use them for military purposes, Chen said. Later in 2023, Techpribor imported more consignments of Siemens gear from a different Chinese supplier, called New Source Automation Co., Ltd., based in Xiamen, south-eastern China. The equipment in those consignments belonged to the same product category as devices that were supplied to BOZ, but there was not enough data to make a precise match. A manager at New Source Automation, who gave his name as Ryan Wu, confirmed when contacted by Reuters that his firm supplied equipment to Techpribor. He also said his firm can source as many products from Siemens as it needs, and that Siemens doesn't ask who the end-user is. Neither Huizhou Funn Tek nor New Source Automation responded to Reuters' written requests for comment. The Siemens spokesman said it asks all its clients to comply with Western sanctions but did not respond directly to a question about whether Huizhou is a partner company. Siemens would immediately investigate any indications of contravention of sanctions and involve the appropriate authorities, he said. The supply of Siemens equipment from China to Russia highlights what European policymakers say is a major loophole helping Russia sustain its war against Ukraine. European Union and U.S. sanctions bar companies from inside those jurisdictions from supplying goods or services that could help Russia's war effort. Russian defence manufacturers have been able to avoid that by sourcing Western-made equipment from wholesalers and re-sellers in China. EU leaders have moved to close the loophole. In December 2024, the bloc for the first time imposed fully-fledged sanctions on Chinese entities for supplying components to Russian defence firms. A further 7 firms from China and Hong Kong were added to the sanctions list on July 18. The bloc's chief diplomat, Kaja Kallas, said in February that China's export of goods was fuelling Russia's war against Ukraine, and called on Beijing to stop it. Russia's Ministry of Industry and Trade did not respond to a Reuters request for comment. The Russian defence ministry did not respond to questions about what work the BOZ plant is doing for the military. China's Ministry of Commerce also did not respond to a request for comment. BOZ makes the explosives TNT and HMX, according to a marketing video the factory released. While those explosives do have civilian uses, BOZ's parent company is a defence manufacturer owned by the Russian state, and BOZ fulfills defence orders for the defence ministry, according to the website of the regional administration. The expansion at the BOZ plant was part of a wider drive by the Russian defence sector to increase its production of explosives. A shortage of the material is one of the bottlenecks holding back Russian production of artillery shells, mortar rounds and air-dropped bombs, forcing it instead to source munitions from its allies North Korea and Iran, Ukrainian intelligence officials and Western defence analysts have said.
Reuters
07-08-2025
- Reuters
Siemens meets quarterly profit forecast, but weaker dollar drags overall results
ZURICH, Aug 7 (Reuters) - Siemens ( opens new tab reported industrial profit in line with forecasts for its latest quarter on Thursday, though a weakening U.S. dollar weighed on the German engineering group's overall results. The company, which produces industrial software and trains, said its industrial profit declined 7% to 2.82 billion euros ($3.29 billion) for the three-month period ended June 30, in line with analyst forecasts compiled by Siemens. Earnings were impacted by currency translation effects, particularly the weakening of the dollar against the euro during the quarter, as well as restructuring costs linked to job cuts in Siemens' flagship Digital Industry division. Revenue rose 3% to 19.38 billion euros, beating forecasts of 19.24 billion euros. Chief Executive Roland Busch said the group had delivered a robust performance despite the tough macroeconomic conditions, but orders had recovered less strongly than anticipated due to the continuing high level of uncertainty following U.S. President Donald Trump's global trade reset. "This climate of volatility is weighing on business sentiment in several of our core industries – such as automotive and machine building, where sales cycles have been extended and investment decisions are taking longer," Busch said after the release of the results. CFO Ralf Thomas said they are closely monitoring developments on U.S. tariffs, especially concerning Switzerland, which is home to Siemens' Smart Infrastructure (SI) division and burdened with the highest U.S. tariff rate in Europe. "There are always negotiations, sometimes re-negotiations, and it would therefore be irresponsible to immediately react to every single announcement on the subject," Thomas said, adding that it's too early to draw conclusions about future value creation. Currency translation effects took four percentage points from order growth and three percentage points from revenue growth, Siemens said. The U.S. dollar weakened 8% against the euro during the quarter, caused by concerns over the Federal Reserve's independence, the credibility of official statistics, ballooning fiscal debt and rising bets on interest rate cuts. Despite the ongoing uncertainty in the global economic environment, Siemens confirmed its outlook for its 2025 financial year, which runs to the end of September. It still expects group revenue to grow by 3%-7% on a comparable basis, and post basic earnings per share in the range of 10.40 to 11 euros. Thomas said the company expects organic revenue growth in its Digital Industry division to fall within the lower half of the projected range of -6% to 1% for fiscal 2025. Siemens' SI division - its most profitable - will have an operational profit margin toward the upper end of the range of 17%-18% in fiscal 2025, he said. SI provides a large range of products and services, helping to control heating, lighting and access to buildings, as well as equipment and software for power distribution networks. Siemens said the outlook calculation did not include the purchase of U.S. engineering software firm Altair Engineering and the acquisition of U.S.-based Dotmatics, which weighed on its profit margin. ($1 = 0.8568 euros)
