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The Mayor of New York City is going to make the Island of Manhattan, and the epicentre of global finance, bigger - literally. Mayor Bill de Blasio yesterday announced a $10 billion plan to protect lower portion of Manhattan, home of Wall Street, from sea level rise and the next major storm by expand

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Former council homes in Scotland which were purchased under the Right to Buy (RtB) policy made around £2 billion in profit for their owners during the last decade-and-a-half of the policy. In one of the widest-ranging investigations into the policy, the BBC’s Shared Data Unit o

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Edinburgh-based wealth management firm Brooks Macdonald has published results today showing funds under management fell in the second half of last year amid tough market conditions, but still saw profits rise on the back of cost-cutting measures. Funds under management stood at £11.9bn at 31 D

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In the same week that has seen co-chief executive Martin Gilbert step down, Edinburgh-based Standard Life Aberdeen has announced more changes to its board of directors. After a career with the group spanning some 34 years, Bill Rattray will retire from the SLA board, by mutual agreement, on 31 May 2

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February saw Scottish retail sales decrease by 0.8 per cent on a like-for-like basis compared with February 2018, when they had increased by 0.4 per cent and below the three-month average of -0.1 per cent.

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Women’s Enterprise Scotland, the community interest company which focuses on the contribution women's enterprise makes to the Scottish economy, has announced an expansion of its WES Ambassador Programme with the appointment of an additional 22 new Ambassadors.

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Life and insurance giant Prudential, which employs more than 2,000 workers at its site near Stirling, has reported a 6 per cent rise in annual operating profit before tax that beat market forecasts, led by growth in its Asian division. The insurance and pension giant, which is in the process of

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The Borderlands Partnership, the organisation established to "unlock the potential for sustainable and inclusive economic growth across the South of Scotland and North of England", has welcomed the commitment announced in the Spring Statement outlining a £345 million deal from the UK

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Prolonged Brexit uncertainty will likely further damage the Scottish housing market, according to RICS UK Residential Market Survey, following Theresa May’s Brexit deal being thrown out of Parliament on Tuesday. The latest results from the February survey show a continued decline in activity a

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Standard Life Aberdeen has bowed to calls to revise the co-chief executive structure that has been in place since the mega merger that formed the company two years ago. Keith Skeoch, who entered the merger as heaad of Standard Life, will now take on the solo role of running SLA while Martin Gilbert,

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Dina Devalia and James Sleight of PKF Geoffrey Martin & Co have been appointed as joint administrators of Glasgow-based Greater Milton and Possilpark Credit Union which has collapsed. The Financial Services Compensation Scheme (“FSCS”) has also declared the credit union in defau

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Blair Nimmo and Geoff Jacobs of KPMG and joint administrators of stricken Dundee-based contractors McGill & Co Limited, have concluded a sale of the business and certain assets to Catalus Energy Investments Ltd. Messrs Nimmo and Jacobs were appointed as Joint Administrators of McGill &

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