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Fri 03 Mar 2007Standard Life to cut 1,000 jobs in UKEdinburgh-based insurance company Standard Life is to cut 1,000 jobs from its UK operations, despite announcing a 55 per cent rise in profits yesterday.In its first full-year results since it demutualised last summer, the insurer said it made pretax profits of £614 million (€905 million) in 2006, up from £395 million the previous year. The results were ahead of market expectations.