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Footfall numbers in Scotland for September were down 0.8 per cent year-on-year but up on the 1.5 per cent fall recorded in August, according to latest data from the Scottish Retail Consortium. September’s performance is the best result for Scottish high streets since February 2015, excluding Easte

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UK oil and gas firms are sitting on a war chest of £20bn that could be released by simply improving their working capital management, according to new research released today by PwC. With no sign of an oil price rebound in sight, exploration and production (E&P) and oilfield services firms are

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Aberdeen Asset Management's Asian Smaller Companies Investment Trust has celebrateed its twentieth anniversary this month by producing a short history charting key world events and exploring some of the listed smaller companies in Asia, where it has invested over the last two decades. Launched on 8

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Salary inflation in Scotland has slumped to a 25-month low amid slowdowns in Glasgow and Edinburgh, according to the latest Bank of Scotland Report on Jobs published today. This was despite the research also showing a demand for staff strengthening while the downturn in candidate availability become

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Britain’s biggest bank is to open a new Scottish hub for 400 workers as it looks to expand its operations north of the border. HSBC said its newest office, which is due to open in January, will provide space for the expansion of its Scottish workforce which already stands at more than 3,700 staff

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The Prudential Regulation Authority has issued a warning to all big banks that they may have to hold more than £3 billion in extra capital because of new rules to make their high street lending operations safer. The PRA, which is part of the Bank of England, has said banks will have to keep the cap

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Scottish workers feel less secure in their jobs than workers throughout the rest of the UK, new figures have show. The latest UK Employment Confidence Survey, carried out by recruiter Glassdoor, revealed that just over 40 per cent of staff members in Scotland fear the sack in the next six months, we

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Virgin Money, the challenger bank which employs 200 in Edinburgh, has reported a leap in mortgage lending in 2015 so far, with its share of the UK gross mortgage lending market at 3.5 per cent for the eight months to August. Virgin Money, which is headquartered in Newcastle, with operations in Edinb

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John Swinney Councils in Scotland are to be given new powers to cut business rates later this month, deputy first minister John Swinney will announce today.

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Edinburgh-based Kames Capital has increased profits by five times over the past four years since rebranding from Aegon Asset Management, according to the firm’s latest figures. Kames, which employs 250 people in the capital, has posted results showing profits up from £3.25million in 2011 to £15.

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