There were about 10 people already inside the cell-like waiting area of the tow pound.

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Glasgow's Barras market is to be placed at the heart of a multi-million pound plan to transform the Calton area.

BBC: The Barras

Most economists expect the pound to turn down as the euro area, especially Germany, recovers.

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The budget also commits "multi-million pound funding for the regeneration of Sighthill" area which has been earmarked for development as part of the city's Youth Olympics bid.

BBC: Council service images

It seems the real theme today though is the negative UK data combining with long positions finding a great area to take some profit and this has put pressure on the pound.

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The area is part of the the city council's multi-million pound Eastside redevelopment project.

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It claimed a multi-million pound redevelopment of John O'Groats is likely to boost potential demand for transport to the area.

BBC: Airport sign

Josh Ryan Collins, of the New Economics Foundation, who helped launch the Brixton pound - one of a handful of complementary currencies designed to be spent in local shops within a specific area of the UK - also sounded a note of caution.

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Two rigs in the Ardwick area would drill down 3km (2 miles) to a thermal spring in the multi-million pound plan.

BBC: Newcastle borehole project