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A group of professional bodies spanning law and accountancy has pledged to continue their work to tackle bribery, corruption, tax-evasion, money laundering and the financing of international terrorism as leaders from across the world gather in London for an anti-corruption summit. The organisations,

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The Crown Office’s five-year investigation into the near collapse of Royal Bank of Scotland, and the rights issue which preceded it, has found "insufficient evidence" to press criminal charges against its disgraced former chief executive Fred Goodwin or any of his colleagues, it has been announced

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Ten senior executives at Royal Bank of Scotland have been awarded 1,557,451 shares worth £3.36 million as payment of their half-year fixed share allowance, the still 73 per cent taxpayer-owned bank has announced. The allowance has come into use to get around conventional bonus payments curbed by ne

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Mark Thomson Scottish Building Society is to launch its own Online Broker Portal be known as “Scottish Intermediaries Online”, the world’s oldest building society and Scotland’s last remaining independent mutual lender has announced.

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The number of UK home repossessions in the first quarter of 2016 was 2,100 (1,500 home-owner, 600 buy-to-let), meaning that the repossession rate is the lowest on record, according to the Council of Mortgage Lenders. If the rate continues through 2016, it would put the annual number of repossessions

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The average Scot is set to be more than £20,000 worse off than they expect in retirement, according to new research from Edinburgh-based insurance firm, Aegon UK. Although retirement savings rates among workers north of the Border has improved marginally compared to a year ago, the insurer found th

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An award-winning deaf Scottish businessman who used his disability to defraud the taxpayer to the tune of £80,000 has been jailed for 20 months. Sheriff William Gilchrist at Stirling Sheriff Court described Andrew Thompson, who was born profoundly deaf, as a “highly-culpable” fraudster after th

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Edinburgh-based cloud software provider, FreeAgent, has announced a partnership deal with national accountancy firm Danbro. The tie-up will see FreeAgent team-up with the firm, who represent thousands of self-employed individuals and small businesses across the UK, to provide 4,000 Danbro clients wi

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The Supreme Court has unanimously dismissed a company’s appeal against HM Revenue and Customs’ (HMRC) contention the company was not entitled to deduct VAT on accountant’s fees as input tax under the contract. The Supreme Court dismissed Airtours Holidays Transport Ltd’s appeal by a majority

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