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Regulators have given final approval for Spain's Banco Sabadell's £1.7 billion takeover of TSB. The backing of the Financial Conduct Authority and Prudential Regulation Authority comes a year after TSB was spun out of bailed-out Lloyds Banking Group under orders from European regulators.

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Amendments to the Scotland Bill which would effectively give the Scottish Parliament the power to design its own welfare system have been rejected by the UK government. A vote in the House of Commons yesterday followed a third day of debate on the legislation, which largely focused on welfare powers

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Peter Guow Companies with employees or directors holding shares, securities or options over shares need to register before 6th July to avoid a penalty, according to accountants BDO.

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Whisky maker profits tumble after rum writedown Edrington Group, which is the company behind The Famous Grouse and The Macallan whisky brands has reported a 9.4 per cent fall in pre-tax profits, after a £239 million writedown for its Brugal rum brand.

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A new piece of research headed by global accountants Deloitte could help the oil and gas industry understand and implement greater collaboration in the North Sea as the sector continues to manage lower oil prices. Today the firm launched its inaugural oil and gas collaboration survey, with support f

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Andrew McNamara Accountancy and business advisory firm BDO LLP in Scotland has launched a new accounting service to mid-market corporates and fast growth SMEs.

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