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More than 6,000 Scots students are among almost 32,000 students across the UK who are currently using payday loans to make ends meet. According to the Unite Students Insight Report: Finance, the number of Scottish students who are using the controversial loans, that can charge APR rates of up to 1,5

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Amazon has faced similar criticism in the United States. Online retail giant Amazon has sparked renewed anger after it emerged that the group’s UK business paid just £11.9 million in tax last year on UK sales of £5.3billion.

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Edinburgh-based insurance giant Standard Life has announced that it is to close its business in Singapore taking a £45 million hit in the process. In a stock exchange announcement, SL said its insurance business in Singapore would no longer accept new applications or contributions to existing plans

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The gap between Scotland’s most wealthy and most poor is widening, according to two of the country’s leading economists. Stirling University’s David Bell and David Eiser, both fellows of the Centre on Constitutional Change, conducted research on behalf of the David Hume Institute.

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Hampden & Co., the Edinburgh-based private bank founded by industry veteran Ray Entwistle in 2011, has finally opened its doors. It is the first private bank to be set up in the UK for 30 years and the first to come through the new process to obtain a banking licence.

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Liz Cameron The UK Consumer Prices Index (CPI) inflation turned positive in May, rising to 0.1 per cent, according to data issued today from the Office for National Statistics (ONS).

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The number of people placed into work in Scotland increased again during May, though the rate of growth remained below the levels seen in the opening quarter of 2015 and throughout last year. The data comes from the Bank of Scotland labour market barometer which registered above the 50 no-change mar

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Growth and increased confidence in the economy is leading to better prospects for the accountancy profession, with nearly two-thirds of accountants receiving pay rises above or in line with inflation in the past 12 months, according to the Institute of Chartered Accountants of Scotland. The annual s

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Hugh Little Hugh Little, the head of acquisitions at Aberdeen Asset Management is to retire this summer, the Granite City-based wealth manager has announced.

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Consumers across the UK collectively spent more than £19,000 every second using their plastic last year as some 31.6million card payments were made every day, more than double the 15.7million a day in 2004. According to the UK Cards Association, a record £600.3 billion was spent domestically and o

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