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New anti-sectarian laws branded a success as high prosecution rate revealed

PROSECUTORS have insisted controversial anti-sectarian laws are working after new figures revealed 34 people have been convicted since the powers came into force.The Crown Office said Offensive...

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Banker who conned Brian Souter and Anne Gloag out of £5m each is jailed

A STOCKBROKER who defrauded some of Britain’s shrewdest business people – including stagecoach tycoon Sir Brian Souter and his sister Ann Gloag – was jailed yesterday for 13 years.Nicholas Levene, 48,...

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Government and NHS workers to get pay rise as living wage increased to £7.45

THOUSANDS of low-paid government and NHS workers will see their pay rise next year, after the living wage rate was increased to £7.45 an hour, finance secretary John Swinney announced yesterday.•...

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Markets: US election puts a damper on markets

The prospect of a knife-edge US election kept world markets in check yesterday, with poor service sector data from the UK and China also weighing on the Footsie.Angus Campbell, head of market analysis...

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Hugh Reilly: Brought to book over social media studies

LAST WEEK, further evidence emerged that reading has become a minority activity for our young people.According to the Scottish Qualifications Authority, the number of candidates writing essays and...

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Royal Mail sorts out new centres on online boom

ROYAL Mail has announced it will open eight parcel handling centres across the UK in the run-up to Christmas to deal with a boom in the number of shoppers buying presents online. Two of the depots will...

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Network Rail do not know when normal services will resume after train derailment

NETWORK rail have admitted that they do not know when normal services will be resumed after a train carrying 36 passengers derailed on the Edinburgh to Aberdeen line at the weekendBut ScotRail and...

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Dundee-based I-Design targets our favourites

DUNDEE-BASED I-Design has claimed an industry first by updating its cash machine software to remember cardholders’ favourite transactions.The Aim-quoted company, which runs marketing software on ATMs...

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Craig Mathieson: Second-hand car dealers are in taxman’s sights

ANY aspiring Arthur Daleys should consider themselves duly warned – special units from HM Revenue and Customs (HMRC) are targeting the second-hand motor trade in Scotland.A task force has been...

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Ryanair profits to take off after summer sun

BUDGET airline Ryanair has hiked its forecasts for annual profits after a better-than-expected summer for the low-cost carrier.Passenger numbers rose 7 per cent to 48 million in the six months to 30...

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Angel Biotechnology’s new ReNeuron contract

Angel Biotechnology is to increase its contracted work for ReNeuron Group, the life sciences company conducting stem cell trials at Glasgow’s Southern General Hospital. Edinburgh-based Angel said it...

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Croma secures two more deals as it builds on growth after acquisitions

Croma, the Dumfries security firm founded by former soldiers from the Black Watch, yesterday unveiled two contracts after saying its full-year revenue grew by 17 per cent to £9.9 million.The firm won a...

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Eastern woes for L’Oreal

L’Oreal, the world’s biggest cosmetics group, is feeling the effects of the slowdown in China and “brutal” trading conditions in South Korea and Taiwan, the company said.The group’s turnover from...

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Business news in brief: Mitie | Hiscox | Standard Life

Mitie has been awarded a ten-year repair and maintenance contract with a housing association in Kent that could be worth up to £120 million to the outsourcing specialist.The contract, to look after...

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Cocaine is perfect drug for heart attack, say researchers

Cocaine is “the perfect heart attack drug” with users at much greater risk of suffering cardiac arrest than people who do not take it, a new study has revealed.Researchers found recreational cocaine...

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Pru in £368m swoop to drive its insurance business in Thailand

Life and pensions giant Prudential is set to grow its presence in Thailand after agreeing to buy the life insurance arm of Thanachart, the country’s fifth-largest retail bank, for up to £368...

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Leaders: Obama is the right choice, for US and the world

FORMER New York Governor Mario Cuomo’s dictum that politicians campaign in poetry but govern in prose was never more apposite than when applied to Barack Obama’s presidency.After the soaring “yes, we...

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Comment: Sectors labouring under different conditions

HOW the other half lives. On the day that the living wage was raised to £7.45 an hour for those working in the public sector, it was revealed that the average salary in the North Sea oil and gas...

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S&P faces £20m cost in court

Australia’s Federal court has issued a landmark judgment against ratings agency Standard & Poor’s, saying it misled investors by giving its highest rating to derivatives that lost almost all their...

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Scottish Tory leader Ruth Davidson pledges to cut income tax

Ruth Davidson has used a keynote speech marking the first anniversary of her becoming leader of the Scottish Conservatives to attack what she claims is an “overbearing” SNP government that “overtaxes”...

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