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Day: 14 April 2015

Tue City brief: Data helps lift UK market

A rebound in mining stocks and a big takeover deal in the telecoms sector helped the FTSE100 surge closer to its record highs. Nokia is to buy Alcatel-Lucent just a weekRead More

Deal amounts to 'several million'

BT to be new Scottish rugby team shirt sponsor

BT rugby Dominic McKay
BT is investing several million pounds into the biggest ever sponsorship of the Scotland national rugby team’s shirts for the next four years. The deal will include the men’s andRead More

ACQ Law Awards

Gilson Gray’s four reasons to mark anniversary

Glen Gilson
A Scottish legal firm has four extra reasons to celebrate its upcoming first anniversary, after picking up a quartet of honours at the ACQ Law Awards. Market newcomer Gilson GrayRead More

Hamilton invests in insulation company

Boyle’s private equity firm takes 4% stake in Superglass

John Boyle
Scottish entrepreneur John Boyle has invested about £250,000 through his Hamilton Portfolio to buy a 4.15% stake in Stirling-based insulation firm Superglass. Hamilton has acquired 6.35 million shares in theRead More

Regulator hands out biggest ever penalty

Clydesdale hit with record £20.7m fine over PPI complaints

Clydesdale Bank
Clydesdale Bank and Yorkshire Bank have been fined £20.7 million for poor handling of complaints over payment protection insurance. It is the largest fine handed down by the regulator inRead More

Britain avoids deflation as inflation rate remains at zero, according to official data for March

Former Aviva executive joins utility

New British Gas boss handed multi-million pound pay deal

Mark Hodges
New British Gas managing director Mark Hodges has been handed a multi-million pound pay and bonus package. Mark Hodges, who joins on 1 June, will receive up to £2.5 millionRead More

Poundland says annual sales rose by 11.8% to more than £1 billion for the first time

Spending in shops rose at its fastest annual rate in almost a year last month, boosted by early Easter and low inflation

David Cameron to link personal tax allowance to minimum wage, taking low paid out of income tax