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Shawbrook Bank has launched its new savings operation in Scotland. The new savings team will be based in Shawbrook’s Glasgow office where it will join the existing 60 staff from the regional business centre, as well as the bank’s operations, payments, IT and marketing teams.

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The total amount of income generated from all council properties in Scotland was £1.21 billion in 2018-19, of which around £656 million was spent on housing management and maintenance and £277m on loan charges, official figures have revealed. The surplus of £234m was invested

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