Employers tighten their purse strings during festive period

SOME of Scotland’s biggest employers have lost some of the Christmas spirit as they reveal that they will be making no financial contribution to an office party this year.

A survey has revealed that organisations including Standard Life, Aegon, Scottish Enterprise and Northern Rock will not be funding Christmas parties.

Staff can still organise their own party but they will have to dip into their own pockets.  

Royal Bank of Scotland and Lloyds say they will only be making modest contributions to the cost of staff parties. Continue reading

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500 jobs to go at Edinburgh-based Standard Life

By Amanda MacMillan

EDINBURGH-based insurance and pensions group Standard Life are to axe nearly 500 jobs.

Over the next 15 months the company will phase out up to 600 existing jobs and create around 100 new jobs across the business.

The changes follow on from the structural changes which the company announced in June this year aimed at increasing organisational capability, flexibility and capacity.

Of the roles being phased out, around 100 are currently held by contractors and 24 are existing vacancies that will not be filled. Continue reading

Edinburgh embraces shock jobs boom for financial workers

by Shaun Milne

SCOTLAND’S beleaguered financial markets are celebrating a shock jobs boom.

There are currently now more financial job vacancies being advertised in Edinburgh than since the recession first hit the banking capital late last year.

The city has suffered more than most as bank staff and those from related finance industries found themselves out of work because of the credit crunch.Deadline Photo Sales - 0131 561 2233

Economic analysts feared the concentrated cluster of financial institutions – such as RBS and Bank of Scotland – could see Edinburgh experience a crash in confidence.

But newly released data shows that from the 2972 vacancies advertised through local job centres, some 1464 of them – 49 per cent – were in the finance industry. Continue reading

Family of ducks move into new £20 million home

Standard Life DucksBy Alexander Lawrie

A PROUD mother duck and her 10 fluffy ducklings have adopted a £20 million refurbished office block as their new home.

The feathered family have settled down at the former Standard Life building in Edinburgh’s Canonmills.

The mallard and her brood of ducklings have made their nest within the building’s unique rooftop garden making them the official first tenants of the state-of-the-art offices in the city’s capital.

Tanfield’s extensive refurbishment has just been completed and provides up to 190,000 sq ft of stunning new office space in the city.

The building will be open for public viewing during Edinburgh’s Doors Open days on 26th & 27th September.

Viscount Younger’s daughter leaves £2 million will

By Alexander Lawrie

A VISCOUNT’S daughter recruited as a top banking executive by shamed former RBS boss Fred Goodwin has left almost £2 million in her will.

Viscount George Younger’s daughter Joanna Davidson – who died last October aged 50 after a year-long battle against cancer – was head of corporate responsibility for the Royal Bank of Scotland.

She was recruited by then banking boss Goodwin in 2003 to launch a new corporate and social responsibility division.

Ms Davidson’s father – the former Conservative Scottish Secretary of State for Scotland, and ex-RBS chairman, George Younger – also died from cancer in January 2003.

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Globetrotting Scot dies in Vietnam

Charlie Gallagher 3

By ALEXANDER LAWRIE

TRIBUTES have been paid to a globetrotting Scot who has died after a fall in Vietnam.

Charlie Gallagher, 39, from Inverkeithing, Fife, is thought to have tripped and fallen while at home in Ho Chi Min City on June 7.

He was rushed to the city’s main hospital but died the following day after failing to regain consciousness.

Mr Gallagher had lived in the city, also known as Saigon, for around four years and had built up a large group of local and ex-pat friends.

His family has paid tribute to the adventurous Scot, while friends have set up a Facebook remembrance page which has been inundated with heartfelt messages.

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Ducks on the run in city centre

Urban ducklings

By Cara Sulieman

A FAMILY of ducks caused chaos in the centre of a Scots city as they tried to cross a busy main road.

The mum and her four offspring were waddling up from Princes Street towards George Street when eagle-eyed tram workers spotted them.

Worried that they would be killed by the busy traffic up ahead, workers tried to pen them in as they called the Scottish SPCA.

Daryl Young, 22, from Musselburgh, East Lothian, was one of the workers that come to their aid last Friday.

Continue reading