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Glasgow-based global engineering giant Weir Group has said it will discuss alternative options with shareholders after 72 per cent of them rejected a proposed pay policy at the firm’s annual meeting yesterday. The rebellion saw a plan that would have handed share awards to executives simply for r

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Harper Macleod has significantly increased its share of the Scottish legal market after announcing record performance for the most recent financial year. The firm’s turnover soared by almost 17 per cent to reach £25.7 million.

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A Glasgow firm that made over 2.5 million nuisance calls has been handed a £50,000 fine. Nevis Home Improvement was given the penalty after 175 complaints were made about its recorded phone message about its services.

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Royal Bank of Scotland has today announced a loss of £968m for the first quarter of 2016 on the back of a £1.2bn dividend payment to the government as a result of its £54 billion bailout at the height of the financial crisis. The Edinburgh-based lender, which is still 73 per cent state-owned, str

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Aberdeen-based energy services giant Wood Group has secured its second huge contract in a week. The company today announced a huge new $500m (£342.5m) deal to supply services to BP-operated offshore projects in Azerbaijan today.

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Latest figures from the Nationwide have shown UK house price growth slowed in this month, following the surge of buying last month to beat the rise in stamp duty. The UK’s second largest mortgage lender said the annual pace of house price growth slowed to 4.9 per cent in April, compared with 5.7 p

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International businesses are postponing investment in Britain in the wake of EU uncertainty, a new paper by the Royal Institution of Chartered Surveyors (RICS) has claimed. The RICS EU Referendum Paper which examines the pros and cons of the UK remaining and exiting Europe includes new survey data s

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Pensions & Investment Research Consultants (PIRC), the corporate governance group, has urged shareholders in Royal Bank of Scotland to vote against the bank’s remuneration report at the lender’s AGM in Edinburgh on Wednesday. Speaking ahead of the meeting, Pirc said there were “important c

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Latest figures from HM Revenue and Customs (HMRC) show that more than 230,000 people have taken up the new pension freedoms in the first year since they came into force. HMRC data shows that in the twelve months following the launch of the pension freedoms on April 6, 2015, when people aged 55 and o

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