Fresh jobs on the way, courtesy of New York bank

Bank of New York Mellon, the US asset servicing firm which has offices in Edinburgh, will today become the latest employer in Scotland to create jobs despite the tough economic environment.

Rival financial services company State Street recently added a further 90 jobs to its 750-strong Scottish workforce while Xodus Group, the Aberdeen-based energy consultancy, has also revealed plans to almost triple its workforce to 900 over the next four years.

Online retailer Amazon last month made one of the most significant job creation announcements since the recession, saying it would set up a customer call centre in Edinburgh, providing 500 full-time positions and 400 temporary posts during peak sales periods.