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A piece of Scottish legal history has been made by the Crown Office’s Civil Recovery Unit (CRU) after it secured the forfeiture and sale of 19 Krugerrands, South African gold coins that each contain one Troy ounce of pure gold. Cash raised from the sale of the forfeited goods is being handed over

Oil prices rose 0.7 per cent today after US production fell for the sixth week in row and raised optimism that the market may have finally bottomed out. Global benchmark Brent crude rose 0.7 per cent to $37.31 per barrel this morning, putting it on course to end the week with a gain of more than fiv

Scottish Widows is among six life insurance firms now being investigated by the Financial Conduct Authority after it raised concerns that some long-standing customers may not have been told when charges were applied. Edinburgh-based Widows is included in the group named by the City watchdog along wi

The City of Edinburgh Council has made considerable progress towards balancing its books, according to the Accounts Commission. The local authority watchdog raised significant concerns in December 2014 over the council's financial position, including a £67 million gap in savings required to meet fu

An Edinburgh mother who had her parking ticket paid for her by a passing 'Good Samaritan' after being forced to illegally park outside a hospital, has raised £10,000 on the back of the kind act. Last week Mairi Holden discovered £25 on the windshield of her car alongside a parking ticket after she

Aberdeenshire-based craft beer maker and crowdfunding pioneer BrewDog is to launch a new round fundraising, this time in America, to drive its operation across the Atlantic. The company reveals the plan after recently announcing that it has raised a record £13.5m in the fourth round of its UK Equit

France is to give employees the "right to disconnect" from checking emails after work as the level of “burn-out” among workers in the country raises concerns. The country’s labour ministry is devising proposals to preserve the 35-hour working week.

National Australia Bank no longer has any shares in Glasgow-based Clydesdale Bank after sale manager Morgan Stanley exercised an over-allotment option. NAB had granted the option in respect of 28,673,323 ordinary shares at the offer price of 180 pence per ordinary share, worth £52m in total.

George Kerevan An SNP MP has said the Bank of England should be renamed to reflect its status as a UK-wide institution, the Sunday Post reports.

Investors have welcomed the long-awaited public trading of Clydesdale Bank after bosses brushed off a brief delay over credit rating concerns. Shares in Clydesdale and Yorkshire Banking Group (CYBG) closed 5 per cent up to 192p last night after its debut on the London Stock Exchange yesterday mornin

Edinburgh University officials have been forced to scrap a plan calling on tutors to leak private information about students who told them about debt problems. Lecturers were instructed to pass the information of hundreds of students who had fallen behind in their tuition fee payments on to official

Gary Le Sueur Inspiring Scotland, the Scottish venture philanthropy firm, has appointed Gary Le Sueur of Scottish Equity Partners (SEP) to its board of directors.

Scottish brewer, bar operator and crowdfunding pioneer BrewDog has revealed that it is still £11.5m short of reaching a record £25m fundraising target set for April through its latest self-styled "Equity for Punks" drive. The Aberdeenshire-based firm said on its website that the £13.5m raised so

Holyrood’s Finance Committee has called for a wide ranging debate on taxation policy following the implementation of new financial powers arising from the Smith Commission. The committee issued the call in its report on the Scottish government’s draft budget for 2016-17, published today.

David Beckham Their days of whipping free-kicks past goalkeepers and storming the pop charts might be long behind them but that didn’t stop David and Victoria Beckham making a staggering £61,644 every day last year.