Welcome Break sale shelved through unstable financial markets
Property entrepreneur Robert Tchenguiz and Royal Bank of Scotland have been forced to scrap the £375m sale of eight Welcome Break service stations in the face of deteriorating market conditions and tight credit markets. Unconfirmed reports suggested that DTZ, the property agent handling the sale, had then dropped the price to £340m in an effort to get it away. – Sunday Telegraph, 5 August.

Senior managers sue Burger King for £245,000
Four of Burger King’s senior managers are suing the company claiming they were cheated out of redundancy payments when they lost their jobs. Ellen Willis, Christopher King, Gill Addy and Peter Ross say that changes in their contract left them out of pocket by £245,000 when they were made redundant months later. – Mail on Sunday, 5 August.

“Plastic after 9pm” proposal will hit Scottish tourism
A move in the Highlands to impose a ban on using glasses in pubs after 9pm has angered pub owners. A spokesman for the Scottish Licensed Trade Association said: "If you're a tourist going in for a glass of wine or a whisky at 10pm and you're getting it in a plastic cup, what kind of message is that sending?” – Sunday Herald, 5 August.

Trump refuses to relocate his £1b Scottish golf resort
US billionaire Donald Trump has ignored pleas to move his planned Scottish golf resort away from a protected environmental site. The plan to build the £1b resort, which would include a 450-bed five-star hotel, 10 miles north of Aberdeen would be the biggest investment in the north-east of Scotland since the discovery of North Sea oil. – Scotland on Sunday, 5 August.

Tchenguiz builds up stake in M&B
Property entrepreneur Robert Tchenguiz has quietly built up his stake in Mitchells & Butlers, just days after the collapse of his proposed £4.5b property joint venture with the pub company. But sources close to the situation said Tchenguiz has since upped his stake in M&B by 4%, taking his total holdings in the company to 20%. It is understood he has not yet informed the company. – Sunday Telegraph, 5 August.

Liverpool Hilton sold for £60m
Ability Group, the property company controlled by Andreas Panayiotou, is to acquire the 216-room Hilton Liverpool, part of the Duke Westminster’s £900m Liverpool One development, for £60m. – The Times, 4 August.

By Bob Gledhill

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