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Over a third of new mortgages being taken out today will extend beyond the borrower’s 65thbirthday, according to the Council of Mortgage Lenders (CML). The body said that the lengthening mortgage terms and the older age at which people are joining the property ladder means that nearly 35 per cent

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Edinburgh Council’s development arm has posted its highest profits since the local authority bailed it out to the tune of £62 million six years ago. Improving property and housing markets have seen arm’s length subsidiary, EDI Group, post a £2.5m pre-tax profit for 2014.

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Older generations are being urged to pass on their energy-saving tips as young people admit to being clueless about their bills. Young Scottish bill payers claim they do not fully understand their energy bill or the terms that describe how much energy they use, according to the Energy Saving Trust p

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The Scottish government is to launch a "full consultation" on giving football fans the right to buy their club. Alison Johnstone, the Green MSP who fronted the Fans Firstcampaign and lobbied for the move within Holyrood, said it was a "landmark decision for Scottish football".

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Edinburgh-based fund manager Baillie Gifford has spoken out in opposition to a £3.7billion offer from the Emirates National Oil Company's (Enoc) for Dubai-based Dragon Oil. Baillie, Dragon’s largest minority shareholder with a 7.2 per cent stake, said the offer was too low as it “materially und

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Royal Bank of Scotland has this morning released a statement claiming its latest IT meltdown, that this week left over 600,000 payments into customers accounts in limbo, has been fixed. The 80 per cent state-owned lender said that all payments have now been made and all accounts updated.

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Four men involved in an investigation into the allocation of public building work contracts at theCity of Edinburgh Council have been sentenced to a total of over 13 years imprisonment for corruption and bribery. Former council employees Charles Owenson, 62, and James Costello, 44, received tens of

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The gap between Scotland’s most wealthy and most poor is widening, according to two of the country’s leading economists. Stirling University’s David Bell and David Eiser, both fellows of the Centre on Constitutional Change, conducted research on behalf of the David Hume Institute.

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Back from left –Sandra Sutherland, Thorntons partner, Aileen Hunter, Watts partner, Anne McKeown, Thorntons partnerFront from left –Jack Robertson, Thorntons chairman, Hamish Watt, Watts partner A Dundee-based law firm, with local offices across the East of Scotland, has announced plans to merge

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