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Scottish hotel favoured by the rich and famous to be sold for over £100m


Scottish hotel favoured by the rich and famous to be sold for over £100m

The deal would be one of the biggest hotel sales in Scotland, and the story leads our weekly selection.

Cameron House, Loch Lomond, is reported to have been floated for sale by its owner, a private equity firm.

Specialist industry publication Green Street News said KSL Capital Partners has instructed JLL to manage the sale.

Robbie Williams, Cameron Diaz and Anna Friel were among those said to have stayed at the hotel.

A Scottish company has joined the forefront of the global race to secure necessary resources in an increasingly unpredictable world.

The move comes as US authorities pursue a trade deal to lessen China's stranglehold on metallic elements critical to the defence, communications and technology sectors. China's threat to restrict exports of 12 rare earth elements has proven a big bargaining chip in the battle between the world's two largest economies, which have now reportedly agreed a framework for a trade deal that will be discussed when their respective leaders meet later this week.

While relatively few people will be familiar with the materials themselves - yttrium, dysprosium or erbium, for example - virtually everyone uses the computers, television screens, loudspeakers and countless other technologies that rely on these natural resources.

In a dramatic week for Scottish football, which continues to reverberate from the tumultuous departure of Brendan Rodgers from Celtic, the thrust of the statement was more predictable than controversial, reports Scott Wright.

As concern grows within the gambling industry that Chancellor Rachel Reeves will increase its tax burden in the forthcoming Autumn Budget, the boss of the Scottish Professional Football League (SPFL) - the headline sponsor of which is bookmaker William Hill - has made clear its views over the impact that a tax rise could have on the game.

Neil Doncaster's concerns are hardly surprising, with the SPFL understood to make £10 million per year from its commercial links with the betting industry.

A five-year sponsorship deal struck by the league with William Hill in the summer of 2024 is worth £2m per year, while Stats Perform pays the same amount every year for the right to distribute live audio-visual streams of the SPFL and the Scottish Women's Premier League to overseas betting operators.

AROUND THE GREENS

The ladies' clubhouse at Machrihanish Golf Club first opened in 1896. (Image: Machrihanish GC)

This article appears as part of Kristy Dorsey's Around the Greens series

Machrihanish Golf Club on the west coast of Scotland was established in 1876 and was among the first in the world to build a separate course for women golfers that hosted its first competition in May 1890. First prize was a gold brooch presented by the gentlemen's club.

Six years later the club was again at the forefront as one of the first in the world to open a separate, purpose-built ladies' clubhouse which remains today a rare and largely unaltered example of golf clubhouse architecture from the 1890s. With its distinctive shallow-pitch roof and decorative timber veranda designed by architect H. E. Clifford, the B-listed building was in regular use until 2021.

The ladies' clubhouse is now set for a transformation into visitors' accommodation that will provide an additional revenue stream for the club. Incoming captain Mike Casey explains how a potential liability is set to become a valuable asset.

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