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Making a date: Penélope Cruz fronts Campari calendar

ITALY’S economic woes and a tax rise in France dented sales of single malt brand Glen Grant in the first half of the year, according to figures released yesterday by parent company Campari.Sales of the...

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Direct Line beats the weather to improve profits

RBS’S insurance arm Direct Line - which will be spun off as a separate company on the stock market - has revealed a rise in profits despite worse-than-forecast weather claims worth £40 million.But...

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Spanish issues rain down on IAG as it posts a €253m loss

BRITISH Airways-owner IAG has warned of fresh job losses after Spain’s economic crisis and “deep and structural” problems at Spanish carrier Iberia plunged the group into the red.A further rise in fuel...

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Analysis: Don’t believe things can only get better – they may yet get worse

STEPHEN Hester offered few excuses for another embarrassing set of results from Royal Bank of Scotland. But the chief executive’s insistence that underlying performance is improving won’t wash with...

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John Lewis sales affected by Olympics

John Lewis saw its sales growth ease last week, with demand sapped by a spell of hot weather and the opening of the Olympics.The employee-owned retailer said yesterday that its department store sales...

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AgriScot and QMS seeking out Scotch Beef farm of the year

Beef producers in Scotland are being offered the opportunity to win a fabulous cash prize and the title of Scotch Beef Farm of the Year in an initiative launched by AgriScot and Quality Meat...

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Biggest is not always the best in rams

With this year’s pedigree ram sales now under way, Scottish Agricultural College sheep expert, Dr John Vipond has advised buyers not just to go for the biggest rams on sale as that can be a false...

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Claire Smith: Oh my God, what have they done to our fair city?

LIKE a lot of other people in Edinburgh, I had a weird out-of-body experience this week.For the first time, I walked into the refurbished Assembly Rooms on George Street and found myself completely...

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Armed forces will have to wait longer for their pension

YOUNGER members of the armed forces face a longer wait before they can claim their pensions under plans confirmed by the government.The military pension entitlement is set to rise in April 2015 from 55...

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Ten money saving tips: A joint annuity will provide for your partner

YOUR choice of annuity is one of the most important financial decisions you will ever make; once you have bought one you cannot change it. Rising life expectancy and tumbling gilt yields have hit...

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Spending starts at the airport

HOLIDAY spending begins as soon as people reach the airport – with people splashing out an average of £50 on suncream, books, medicines, make up and clothing.Last-minute airport purchases are part of...

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Phone app for festival beds

A NEW free mobile phone app which searches for last-minute hotel rooms could help visitors to the Edinburgh Fringe who change their plans and need to find last minute accommodation.JustBook, which was...

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Beware the rise of the ‘mankle’

ONLY last week Debenhams reported the death of the low-slung trouser – bringing joy to all those who did not relish the sight of unclad male buttocks lurching along the street.However, the fashion...

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Men still well ahead on pay

THE average 50-year-old man earns almost 60 per cent more a year than his female counterpart as the gender income gap refuses to narrow, according to a new study. At £30,000 a year, the average...

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Farmers hit by ‘perfect storm’ of plunging dairy prices

AS A teenager, Gary Mitchell used to go and help his neighbours milk their cows – and he always dreamed of having a dairy herd of his own.Four years ago, the farmer, from West Galdenoch, near...

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Hebridean guesthouse to challenge TripAdvisor

THE owner of a tiny Hebridean guesthouse is taking on US travel giant Trip Advisor, claiming a malicious and inaccurate review has damaged his business.Retired lecturer Richard Gollin, who runs the...

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Beware the risks as banks push for fee-based accounts in bid to make money

THE Financial Services Authority last week set out new rules governing the sale of fee-based bank accounts amid concerns that consumers are being conned into paying for accounts they don’t want or...

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Tesco Bank mortgage market entrance gets a cool welcome

TESCO Bank’s long-awaited entrance into the mortgage market will be undermined by a lack of market-leading deals and an absence of options for first-time buyers.That’s the verdict from mortgage experts...

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Eric Curran: Home reports prove their worth in housing market

THE moribund housing market in Scotland is showing signs of life, with the number of house sales in the first quarter of this year up almost a tenth on last year – though prices are still...

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Ken Taylor: Are the good times over for corporate bonds?

The Olympics has dominated headlines, but investors have been keeping at least one eye on the financial pages in recent days – and with good reason.August is typically a quiet time in investment...

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