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Standard Life has announced it will be cutting 70 jobs from its IT department in Edinburgh. The firm said it hoped to make the reductions through voluntary redundancy at its offices throughout the city.

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In Canada, an ‘unappreciated’ mother has invoiced her son for roughly £20,000, after financially supporting him for 13 months and receiving no recognition for it. The bill included a charge of around £520 for being “an a******”.

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Willie Walsh In its submission to the Scottish Government’s consultation on Air Passenger Duty, the International Airlines Group has called for this stealth tax to be scrapped not only in Scotland but across the UK and predicted a bonanza for Scottish airports.

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Jon Cartwright Law firms’ bank debts have jumped 36 per cent in the past year, from an average of £28,000 to £38,000 per equity partner as the profession targets growth according to Hazlewoods, chartered accountants and business advisers who specialise in the legal profession.

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Royal Bank of Scotland is expected to announce more job cuts with around 450 posts going in its services and support divisions as it refocuses its UK operations, the Financial Times has reported. The cost-cutting measures will see some jobs relocated to India and follow on from the 600 job cuts anno

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Blair Nimmo KPMG, administrators of McEwens of Perth, the venerable independent fashion store chain with premises in Oban, Ballater and Perth, have revealed that unsecured creditors have lost up to £2.875 million following the collapse of the company.

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Tim Lord QC It's back to court this week for the busy lawyers at RBS who are denying allegations that board members knew of Libor problems while the bank was still selling Libor-related products - namely the now notorious interest rate swaps.

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