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Hugh Wallace Tributes have been paid to Scottish motor dealer Arnold Clark’s long-standing finance director Hugh Wallace, who died last month just hours after completing a gruelling charity trek in Spain.

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Clydesdale Bank is being sued by a property developing couple who claim the Glasgow lender charged them more than £400,000 for an overdraft, which if true would make it the most expensive overdraft facility ever granted by a high street bank. Clydesdale granted Andy and Moira Pearson, who run award

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A group of companies, a third of which are Scottish, are set to launch a £600 million case action against Royal Bank of Scotland after securing financial backing for the crusade. The 270 firms that make up the action group claim that the 80 per cent taxpayer-owned bank’s now infamous Global Restr

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Top row: L to R - Graham Leith, Sandy Manson, Peter Innes, Andrew Shepherd, Neil Steven. Bottom Row: L to R - James Thomson, Stewart Pennington, Hugh Boyle, Michael Murray. Mid-tier accountants Johnston Carmichael has announced eight key appointments as it expands and strengthens its senior team as

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Net lending from banks participating in the UK Government's Funding for Lending Scheme (FLS) to small and medium-sized enterprises grew by £635m in the first three months of the year, according to official data released by the Bank of England. The figure represents a turnaround from the £800m decl

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David Duffy David Duffy, the man charged with taking over as chief executive of Clydesdale and Yorkshire banks as they prepare for their sell-off by parent company NAB, is set to begin work after receiving regulatory approval.

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A survey of consumers who have joined the Big Energy Switch has revealed that rural regions are being hit hardest by the energy affordability crisis in Scotland. The survey data, collected from the 13,000+ consumers who have joined the campaign paints a grim picture of energy affordability in rural

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Aberdeen and Edinburgh property developer Drum has announced the flotation of a £31.9 million real estate investment trust (Reit). The firm it is targeting “significant” growth through its Drum Income Plus Reit, which will initially be concerned with commercial property assets valued at between

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The UK government could force Royal Bank of Scotland to increase the size of the Williams & Glyn business that is has to sell off to meet the obligations of its 2008 taxpayer bailout. RBS, which is spinning off the Williams & Glyn business next year in a move enforced by the European Union,

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