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Exporter confidence rises

More than two thirds of British exporters expect their turnover to increase over the next 12 months, a joint British Chambers of Commerce (BCC)/DHL Express survey has revealed.

The research, which surveyed more than 2,300 exporting firms, found that 70% think their turnover will improve in the next year, 10% more than in Q2 2013.

The levels of optimism varied between sectors....

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Scottish retail sales fall despite rising footfall

Total Scottish retail sales fell 1.8% in July 2014 compared to July 2013 despite a 4.4% rise in footfall, according to figures from the Scottish Retail Consortium (SRC).

The monthly statistics also reveal that like-for-like sales dropped 3.7% on July 2013.

However, the SRC said that total sales increased by 0.1% in July once adjusted for deflation.

Footfall in Scotland...

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Home insurance easiest service to switch

Home insurance is the easiest financial product to switch, a survey commissioned by Gocompare has found.

The poll of more than 2,000 people found that the majority of consumers (90%) who had changed home insurance provider thought the process was easy.

Car insurance (84%) and credit cards (83%) were the next easiest products to switch.
Changing internet provider was the most...

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Inflation falls in July

The consumer prices index (CPI) rate of inflation fell to 1.6% in July 2014, down from 1.9% in June 2014, according to official figures.

The Office for National Statistics (ONS) said falling clothing prices had made the biggest contribution to the drop, while alcohol, financial services and food products had also experienced declining prices.

This is the seventh consecutive month...

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Family lending helps households

More than a quarter (28%) of UK adults have needed to borrow money from family members, according to research from the Centre for the Modern Family.

The report by the Scottish Widows think tank reveals the amount lent by family members is worth around £31 billion per year, with individuals receiving an average sum of £2,132.

Nearly a quarter (23%) of family borrowers need support...

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