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The Royal Institution of Chartered Surveyors (RICS) in Scotland has called on Chancellor George Osborne to use his upcoming emergency budget to ensure stability and growth in the Scottish property sector. The organisation said the general election painted a clear picture of the Scottish political la

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The £850 million St James development in Edinburgh cleared a major hurdle this week after councillors recommended the approval of outline planning for the number of residential and commercial units, design features, pedestrian and cycle access, roadways and other infrastructure works.

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Scottish house prices lagged behind most of the rest of the UK during the second quarter of 2015 after recording a 1 per cent fall in the second three months of the year. Wales joined Scotland with a drop in prices, while every other area of the UK experienced growth, according to the Nationwide’s

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Sporting testimonials offer a welcome chance to recognise and reward longstanding players but organisers may not realise that such events may incur tax liabilities, according to the accountants and business advisers BDO. HM Revenue & Customs (HMRC) stated in an update to their business manual in

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The Royal Bank of Scotland is facing a massive $13 billion (£8.3bn) penalty after the US government demanded the cash to settle claims that the Edinburgh-based lender deceived purchasers of mortgage-backed securities (MBS) prior to its £45 billion taxpayer bailout. The UK taxpayer still owns 79pc

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Finance chiefs today called for a more progressive property tax system in Scotland to improve local accountability and proposed an end to the council tax freeze. The Chartered Institute of Public Finance and Accountancy (CIPFA) and the CIPFA Directors of Finance Section said that local tax should be

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The UK Government has sold off another tranche of shares in bailed-out Lloyds Banking Group, taking the taxpayers’ stake in the Edinburgh-based lender below 16 per cent. The latest sale was of a one per cent stake for around £500 million, The Treasury said.

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A new Perth and Kinross Credit Union (PKCU) service in Blairgowrie will be officially opened today by deputy first minister and MSP for Perthshire North John Swinney. PKCU was launched in April 2014 and offers a range of ethical lending and saving services for anyone who lives or works in Perth and

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Latest data has revealed current accounts have this year overtaken mortgages as the number one target for Britain's financial fraudsters. According to monitoring company Experian, 0.89 per cent of applications for UK current accounts came from criminals during the first quarter of 2015.

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New research from Clydesdale Bank has revealed that optimism in the property market has slowed down, with fewer homeowners anticipating an increase in the value of their home over the next 12 months. According to the Glasgow-based lender, just less than half (49 per cent) believe their home will inc

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