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Britain’s biggest bank, HSBC, has announced plans to pump more money into Scotland’s small and medium-sized enterprise sector. The lender said that it is increasing the size of its loan fund for SMEs from £300m to £400m this year.

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Alastair Christmas New research carried out by Glasgow-based Clydesdale Bank suggests that the majority of small and medium-sized businesses in Scotland are underestimating their true worth by not taking into account the value of assets such as trademarks, patents and intellectual property.

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Edinburgh-based challenger bank Virgin Money has reported a 34 per cent jump in lending in the first quarter of the year as it continued to increase its share of the mortgage market. The lender’s latest data for the first three months of the year showed that the group captured an estimated 3.6 per

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George Osborne Chancellor George Osborne may be set to sell-off 81 per cent state-owned Royal Bank of Scotland this year, even if it means the UK taxpayer taxing a hit on the deal.

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The Bank of Scotland’s latest PMI survey data has indicated a return to growth for Scottish business activity during April. The seasonally-adjusted headline Bank of Scotland PMI – a single-figure measure of the month-on-month change in combined manufacturing and services output – improved to 5

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UK house prices rose 1.6 per cent last month, according to the latest survey from the Halifax. The bank also recorded an annual rate of increase rising slightly to 8.5 per cent.

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The Law Society of Scotland’s financial benchmarking report shows improving fortunes for smaller law firms. The annual survey of law firms’ financial performance in 2013-14 has shown an overall increase from £64,000 to £69,000 in profits per equity partners. (Profits per equity partner are bef

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