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Dundee-based fund manager Alliance Trust has promised a raft of changes this autumn to help reverse a long-running slump in fortunes. The pledge came as the company dropped into the bottom quarter of funds based on performance.

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Ian Smith, operations manager at Central Investment and non-executive director Gillian Hasting. Aberdeen-based financial Advisory firm Central Investment has added two new senior appointments to its team.

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Mortgage approvals in the UK were around 8 per cent higher in June than at the same time last year, after allowing for the effects of the change in mortgage rules, according to latest UK-wide figures. The British Bankers' Associations today published its High Street Banking Statistics for June 2015

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Glasgow-based lender the Clydesdale Bank has backed the £1 million purchase of the city’s Italian Kitchen restaurant by restaurateurs Richard Laciok and Marco Mozzachiodi. The pair, who own the 120-cover Viva Ristorante in the city’s Bothwell Street, bought the restaurant in Ingram Street from

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Edinburgh-based Royal Bank of Scotland is set to land around £625 million from its latest sell-off of unwanted loan portfolios. The sale of the assets, believed to be Irish property loans, is going to an entity funded by Deutsche Bank and funds affiliated with Apollo Global Management.

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The average house price in Scotland could exceed a quarter of a million pounds by the end of the decade, economists have predicted. While house price growth has slowed across the UK over the past 12 months, the latest UK Economic Outlook from PricewaterhouseCoopers (PwC) predicts that prices in Scot

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The Royal Bank of Scotland has reportedly appointed external advisers to assist an investigation into its historic treatment of small business customers. The bank is still looking into allegations that small firms were pushed into the Global Restructuring Group (GRG) in order for RBS to charge highe

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An Edinburgh-based start-up responsible for a popular mobile shopping app has won major new funding from Royal Mail Group (RMG) and other investors. Mallzee, founded in 2013 to publish a flagship shopping app by the same name, has won a total of £2.5 million from RMG and some of its existing invest

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