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A “trusted” member of staff who embezzled almost £80,000 from the Fife credit union where she worked is facing jail. Margaret Bond set up 42 loans on the non-profit Kingdom Credit Union’s systems totalling £79,120, Kirkcaldy Sheriff Court heard yesterday.

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Hampden & Co., the Edinburgh-based private bank founded by industry veteran Ray Entwistle in 2011, has finally opened its doors. It is the first private bank to be set up in the UK for 30 years and the first to come through the new process to obtain a banking licence.

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A total of 69 credit unions, from across Britain and Northern Ireland, are bidding for funding from the Lloyds Banking Group Credit Union Development Fund. Now in its second year, the £4 million fund (£1m per year) is run in partnership with the Credit Union Foundation.

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Union Street masterplan revealed Union Street BDP has today published proposals of the 49 projects planned for the multi-million pound regeneration of Aberdeen city centre.

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Royal Bank of Scotland has suffered yet another IT disaster after around 600,000 payments into its customer’s accounts failed to go through. Customer’s of the Edinburgh-based bank were left enraged overnight and today after the 80 per cent state owned lender admitted that many of the affected tr

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Figures published today show that 2,624,000 people in Scotland were in work between February and April, an increase of 53,000 compared to the same period in 2014 and 14,000 compared to the last quarter. The Labour Market Statistics published by the Office for National Statistics also show that Scotl

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Tim O'Toole The boss of Aberdeen-based transport giant FirstGroup has suffered a 17 per cent cut in his controversial £2 million total pay package.

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North Sea oil and gas firms must learn lessons from sectors such as car making and aerospace to fundamentally change the way they operate to ensure the long term survival of the industry. That’s according to a new cross-sector efficiency report from accountants PwC and the Oil & Gas Industry C

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A new tenant in Scotland is paying 9.2 per cent more on average than a year ago, according to new findings from the HomeLet Rental Index. The average rent in Scotland for new tenancies in the three months to May 2015 was £652 per month, according to the Index, up 2.7 per cent from the three months

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