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Net lending from banks participating in the UK Government's Funding for Lending Scheme (FLS) to small and medium-sized enterprises grew by £635m in the first three months of the year, according to official data released by the Bank of England. The figure represents a turnaround from the £800m decl

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David Duffy David Duffy, the man charged with taking over as chief executive of Clydesdale and Yorkshire banks as they prepare for their sell-off by parent company NAB, is set to begin work after receiving regulatory approval.

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A survey of consumers who have joined the Big Energy Switch has revealed that rural regions are being hit hardest by the energy affordability crisis in Scotland. The survey data, collected from the 13,000+ consumers who have joined the campaign paints a grim picture of energy affordability in rural

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Aberdeen and Edinburgh property developer Drum has announced the flotation of a £31.9 million real estate investment trust (Reit). The firm it is targeting “significant” growth through its Drum Income Plus Reit, which will initially be concerned with commercial property assets valued at between

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The UK government could force Royal Bank of Scotland to increase the size of the Williams & Glyn business that is has to sell off to meet the obligations of its 2008 taxpayer bailout. RBS, which is spinning off the Williams & Glyn business next year in a move enforced by the European Union,

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Dundee energy contractor Sustainable Energy Scotland (SES) has called in administrators after mounting debt and market volatility. Managing director Callum Milne told The Courier that the voluntary step to bring in Begbies Traynor, which has resulted in the loss of 40 jobs, had been taken with “re

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Lending to first-time buyers in Scotland was down in both value and volume, according to the latest data from the Council of Mortgage Lenders (CML). In the first quarter of 2015 first-time buyers took out 5,400 loans, 23 per cent down on the fourth quarter of 2014. These were worth £580 million, do

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