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Edinburgh-based Aegon UK has cleaved off another chunk of its annuity business as it focuses on becoming a major player in the platform market. The firm, which employs 2,000 staff at its Edinburgh Park headquarters and another 400 throughout the UK, has sold a £3bn annuity book to Legal & Gener

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Employment levels in Scotland reached a record high in 2015, according to new figures released today by the Scottish Government. Scotland’s Chief Statistician published statistics on Regional Employment Patterns in Scotland from the Annual Population Survey (APS) showing employment levels in Scotl

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A clan chief who died late last year and whose ancestors fought alongside Robert the Bruce has left an £18 million fortune to his family. Angus MacDonald Lockhart, the head of the Lockhart clan, passed away suddenly in November last year after falling ill at home aged 69.

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Edinburgh Business School is launching a £250,000 scholarship scheme to celebrate its 25th anniversary. Under the scheme, 25 individuals, resident in Scotland, will be awarded a fully-funded place to study the Edinburgh Business School Master of Business Administration (MBA) programme, delivered by

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Mortgage lending in Scotland fell by seven per cent last month after a surge in property buying to beat the stamp duty surcharge deadline of April 1 came to an end. Scotland was the only region to increase its mortgage sales in March, while Northern Ireland saw the steepest fall, down by almost 20 p

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Dundee-based Alliance Trust Savings has completed an upgrade of its advised platform allowing advisers to access model porfolios for the first time. The move to tech firm GBST’s Composer platform is being managed in phases, with existing advised clients yet to be migrated from the old propriety sy

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Martin Gilbert Martin Gilbert, chief executive of Aberdeen Asset Management swapped his suit and ipad for decorators’ overalls and a paint roller on Friday as he joined colleagues to take part in Global Volunteering Day as shares in the multi-billion company he founded rose two per cent after he h

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Benny Higgins Benny Higgins, the chief executive of Edinburgh-based Tesco Bank, spent more than £18,000 on London taxis in just eight months last year on trips to upmarket restaurants, private members’ clubs and the supermarket’s various head offices, The Guardian, has reported.

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Clive Adamson CYBG Banking Group, the group that includes Clydesdale and Yorkshire Banks, has announced the appointments of Clive Adamson and Paul Coby as independent non-executive directors.

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