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Sue Dawe The UK’s financial services industry is facing a period of slower economic growth and market uncertainty as the Brexit decision impacts on both consumer confidence and business investment in the short to medium term, according to the latest EY ITEM Club outlook for financial services.

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Edinburgh-based Lloyds Banking Group has today announced that it is to cut a further 3,000 jobs and close 200 more branches by the end of next year, citing the sustained downward pressure on interest rates as a result of the UK’s decision to leave the EU.

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There has been a substantial increase in the number of powers of attorney registered in Scotland by those below the age of retirement, according to figures obtained from the Office of Public Guardian by Gillespie Macandrew.

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Graeme Jones Scottish Financial Enterprise, the trade body that represents the nation’s financial service industry, has welcomed news that the European Securities and Markets Authority could be set to put in place provisions that would allow UK investment managers to operate in EU markets post-Bre

5401-5415 of 7736 Articles
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