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Scotland has been identified as one of the most productive areas in Britain, according to a study at Durham University.

A 44-storey skyscraper in Beijing has been sold for £610 million in an online auction after being seized by the government from its fugitive owner, The Times reports. Authorities confiscated Pangu No 5 tower in 2016 after Guo Wengui fled the country amid corruption investigations. Its sale on

Royal Bank of Scotland (RBS) has financially supported Perth-based company J&S McKenzie's purchase of Moness Resort and Aberfeldy Caravan Park. RBS has provided the family-run business with a seven-figure funding package to help them to make the purchase.

Construction materials supplier Breedon has announced its intention to move the tax domicile of the group from Jersey to the United Kingdom.

The headquarters of Scottish Gas has been sold to the Bank of London and The Middle East (BLME) for around £27 million. The grade-A Office building at Edinburgh's Waterfront Avenue was sold with the help of private equity specialist Palm Capital to the UK-based Islamic bank. The building

Brian Milne of French Duncan has been appointed provisional liquidator of a Scottish mead producer which ceased trading this month. Viking Mead Limited went into liquidation following the loss of a major customer earlier this year.

Specialist provider of arrears management and legal services Ascent has welcomed its prosperity in the face of challenging market conditions following the release of its 2018/2019 financial results. The company, which is part of the Irwin Mitchell Group, announced that its revenue increased to &poun

Several Irish companies which deal in foreign currency are putting themselves at financial risk due to a lack of appropriate hedging in their organisations, according to the Association of Chartered Certified Accountants Ireland.

Ahead of this week's Scottish Budget, the Scottish Retail Consortium (SRC) has called for business taxes to be reduced to boost the retail industry. Retail is Scotland’s largest private-sector employer, providing a quarter of a million jobs. However, it is an industry in transition and recent

M&G Prudential has today announced that its five-year digital transformation plan will reduce its staff numbers by 84.

Edinburgh-based personal finance app Money Dashboard has raised over £4.6 million to allow the fintech to triple its staff numbers.

The number of people claiming Payment Protection Insurance (PPI) compensation has increased this week ahead of next week's deadline.

Insurance firm GS Group has announced that it is to acquire I&D Insurance Services at the beginning of next month. I&D Insurance is based in Alyth and was set up 25 years ago by Iain and Dawn Butchart. The two owners sought a local company to take over the business.

The University of Glasgow has agreed to pay back £20 million after revelations that it benefited from the slave trade.

Shares in transport company Eddie Stobart have been suspended and its chief executive has left after a £2 million accounting discrepancy.