Disgraced chief of the Royal Bank of Scotland Sir Fred Goodwin has been forced to step down as chairman of the Princes Trust, Prince Charles’ personal charity.

Goodwin leaves in June after a six year tenure and amid concerns that a business charity for young people should not have a man responsible for so much economic damage as its lead and role model.

Meanwhile a 22-year old man in Falmouth has hanged himself after a £2,000 bank loan mushroomed, through unpaid interest and bankers penalty charges to £25,000 in two years, although this has nothing, of course, to do with the above.