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Barclays has announced the latest step in its strategy to reduce its non-core business in order to focus on its UK and US banking operations with the sale of its risk analytics and index unit to Bloomberg in a £615 million deal. The banking giant said it would make a pre-tax gain of about £535 mil

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Gross mortgage borrowing in the UK during July hit £12.6 billion, a year-on-year rise of 6 per cent, according to latest data from the British Bankers Association.

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Antonio Horta-Osario Lloyds Banking Group chief executive Antonio Horta-Osorio has apologised to the Edinburgh-based banking group's staff for the damage caused to the firm as a result of reports concerning his personal life.

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The Clark Communications team Clark Communications and Golley Slater Scotland, the wholly-owned subsidiary of Golley Slater Group, are to merge, it was announced today.

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Spending on contactless cards in the first half of 2016 has already outstripped contactless spending for the whole of 2015, new figures show.

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