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A background in finance continues to be the most common career background of today’s FTSE 100 CEOs (55 per cent), compared to 21 per cent in retail/hospitality, 15 per cent in engineering/natural resources, 15 per cent in marketing and 14 per cent in technology. Almost one in four (23 per cent) CE

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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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