MATTHEW Bending is stepping down as chief executive of SpaceandPeople, the shopping mall marketing group he co-founded in 2000.

Mr Bending “has decided to concentrate on other opportunities”, the Glasgow-based firm informed the stock market yesterday. Nancy Cullen, chief operating officer and co-founder, will succeed him. Chairman George Watt said: “I would like to thank Matthew for his immense contribution to the group over the past twenty years, including the expansion of the business into Germany and for steering the group through the recent challenges of the Covid-19 pandemic.”