# Fire After Rates Raid on Princes Street | Glasgow News

Page: https://stenobird.com/podcast/glasgow-news-today-2-min-news-the-daily-news-now-7610185/fire-after-rates-raid-on-princes-street-glasgow-news
Text version: https://stenobird.com/podcast/glasgow-news-today-2-min-news-the-daily-news-now-7610185/fire-after-rates-raid-on-princes-street-glasgow-news.md
Podcast: [Glasgow News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/glasgow-news-today-2-min-news-the-daily-news-now-7610185)
Published: 2026-07-16T15:35:26+00:00
Episode link: https://sources.thednn.ai/370d1d4e35e8d0eb
Audio file: https://api.fastcast.ai/audio/278e5c9f-c205-43a7-8c87-59d2ff31f363.mp3
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JSON: https://stenobird.com/v1/public/podcasts/glasgow-news-today-2-min-news-the-daily-news-now-7610185/episodes/fire-after-rates-raid-on-princes-street-glasgow-news
Duration seconds: 117

## Resource

A major fire tore through a Princes Street building once home to Debenhams, now owned by billionaire Asif Aziz’s Criterion Capital and slated for hotel conversion. The blaze destroyed gift shops—operating under names like “House of Treasure” and “Kingdom of Treats”—that were already under investigation for unpaid business rates totaling hundreds of thousands of pounds. The company behind them, Bwn Beverage Ltd, led by 29-year-old London-based director Rumi Chowdhury, had previously faced asset seizures. Council leader Jane Meagher condemned “rogue businesses” that dodge taxes, emphasizing fairness for compliant operators. Enforcement actions, including asset and bank account seizures via Sheriff Court, are being aggressively pursued. Criterion Capital, while prioritizing safety and thanking emergency crews, is now being probed for ties to the non-paying company. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/370d1d4e35e8d0eb

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