Pub chain Maclay goes into administration Published duration 24 January 2015

One of the oldest names in Scottish brewing has called in administrators to its pub chain following an "unexpected funding requirement".

The Alloa-based Maclay Group, which employs about 560 staff, has been in business since 1830 and owns 15 pubs across central Scotland.

Administrators EY said the "underlying business is strong".

They said they were looking at the finances of the business but hoped to move it on to a potential sale soon.

The group owns pubs such as the Southsider in Edinburgh and the Three Judges in Glasgow.

Other pubs in the group include the Bank and Lansdowne Bar in Glasgow; the Tullie Inn, Balloch; Braes, Dundee; East Port Bar, Dunfermline, and The Rule in St Andrews.

The group also managed 12 pubs, although seven of these have been transferred to a separate company.

The brewery arm of Maclay's closed in 2001.