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Financial Services

£450 billion in managed funds salvages Scotland’s reputation for canny banking – Times Online

Fund management in Scotland has, almost unnoticed and in total contrast to the banking failure, boomed in the past year. The country’s three biggest managers have grown to look after nearly £450 billion of other people’s money, four times the size of the wealth annually produced by the entire Scottish economy.
The success has been led [...]

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The Beginning of the End for City Bankers Hopefully

Mervyn King said yesterday that bankers should take a permanent pay cut to align them with other professionals as he outlined plans to carve up lenders across national boundaries.
Speaking to the Treasury Select Committee, the Governor of the Bank of England said the banking sector could be sustainable only if “returns and remuneration for both [...]

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Scottish Investment Bank Another Public Sector Disaster Waiting to Happen

Somebody please tell Alex Salmond all this government institutional control over resource allocation just provides jobs for people who don’t want to work for a living.
The right answer is hand out the EU’s money to the Scottish people with as little of it as possible sticking in, or even influenced by, the Public Sector. [...]

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RBS and NatWest Lead the Way To Lower Bank Fees

BBC News reports RBS/Natwest has announced it’s reducing those nasty charges they stick on people who quite obviously can’t afford to pay.
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It’s Our NHS and We Don’t Want Americans Criticising It

Message to all our American friends. – Anybody wanting to know about our healthcare just needs to ask us. They shouldn’t listen to the garbage being spouted by the nutcases.

Our healthcare is no more rationed than anybody else’s.
Based on a number of measures it’s more effective than the American model, at less than half the cost.
Our [...]

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Is Your Address Book a Gold Mine

Is it one 24 carat diamond, or thousands of tiny pieces?
Is a strategic resource, or a convenient way of storing email addresses?
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