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16/05/2013
1,400 More Jobs To Be Cut At RBS
A further 1,400 jobs are to be cut by the Royal Bank of Scotland (RBS) over the next two years, the BBC have reported.
The jobs will be cut from the bank’s retail banking head office, with the bank saying no customer-facing staff would be affected.
Some 35,000 jobs have been cut by RBS since it was bailed out by the government following the financial crisis.
The government still owns more than 80% of the bank.
The news of more cuts come a few weeks after the bank reported returning to profit after big losses in 2012.
(MH/CD)
The jobs will be cut from the bank’s retail banking head office, with the bank saying no customer-facing staff would be affected.
Some 35,000 jobs have been cut by RBS since it was bailed out by the government following the financial crisis.
The government still owns more than 80% of the bank.
The news of more cuts come a few weeks after the bank reported returning to profit after big losses in 2012.
(MH/CD)
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13 June 2013
2,000 More Jobs To Be Cut By RBS
Some 2,000 jobs are to go at the Royal Bank of Scotland in the next 18 months, the financial institution has said. Jobs are expected to cut worldwide, but it is not yet known how many will be effected in the UK. The latest round of cuts will be bring the total job loses at the bank to 41,000 since 2008.
2,000 More Jobs To Be Cut By RBS
Some 2,000 jobs are to go at the Royal Bank of Scotland in the next 18 months, the financial institution has said. Jobs are expected to cut worldwide, but it is not yet known how many will be effected in the UK. The latest round of cuts will be bring the total job loses at the bank to 41,000 since 2008.
08 May 2014
Barclays To Axe 10,000 UK Jobs
Barclays is to cut approximately 20,000 job cuts by 2016. The firm said it is part of a new strategy. The number of job' reductions is bigger than the 10 to 12,000 the bank announced earlier this year. Around 14,000 cuts will be made during 2014.
Barclays To Axe 10,000 UK Jobs
Barclays is to cut approximately 20,000 job cuts by 2016. The firm said it is part of a new strategy. The number of job' reductions is bigger than the 10 to 12,000 the bank announced earlier this year. Around 14,000 cuts will be made during 2014.
12 February 2013
Barclays Cut 3,700 Jobs
Some 3,700 jobs will be cut by Barclays in an effort to reduce costs by £1.7bn, following a strategic review. The announcement comes after the bank’s pre-tax profit fell from £5.9bn in 2011, to £248m last year. The profits fell dramatically after Barclays set aside money to compensate customer’s mis-sold products.
Barclays Cut 3,700 Jobs
Some 3,700 jobs will be cut by Barclays in an effort to reduce costs by £1.7bn, following a strategic review. The announcement comes after the bank’s pre-tax profit fell from £5.9bn in 2011, to £248m last year. The profits fell dramatically after Barclays set aside money to compensate customer’s mis-sold products.
01 May 2008
Job Cuts Planned At Troubled Bank?
Troubled lender Northern Rock plans to axe 2,000 jobs within three years, it has been reported. The bank has been struggling since last year due to unsettling financial conditions sparked off by the global credit crunch. Long queues formed outside the bank last September as savers tried to withdraw their savings.
Job Cuts Planned At Troubled Bank?
Troubled lender Northern Rock plans to axe 2,000 jobs within three years, it has been reported. The bank has been struggling since last year due to unsettling financial conditions sparked off by the global credit crunch. Long queues formed outside the bank last September as savers tried to withdraw their savings.
21 June 2010
Harsh Budget Cuts Looming
Doom and gloom surround anticipated cut backs to be announced in tomorrow's 'emergency Budget'. Today, it was confirmed that the Chancellor, George Osborne and senior cabinet members have 'signed off' the Budget and has already warned Britain will be "on the road to ruin" unless borrowing is reduced, but denied his plans are driven by ideology.
Harsh Budget Cuts Looming
Doom and gloom surround anticipated cut backs to be announced in tomorrow's 'emergency Budget'. Today, it was confirmed that the Chancellor, George Osborne and senior cabinet members have 'signed off' the Budget and has already warned Britain will be "on the road to ruin" unless borrowing is reduced, but denied his plans are driven by ideology.
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Northern Ireland WeatherToday:It will be cloudy again throughout the day. Mainly dry in the morning, but patchy drizzle in places, becoming more widespread and persistent in the afternoon. Freshening southwesterly winds. Maximum temperature 12 °C.Tonight:Cloudy with a spell of heavy rain pushing south through late evening and the early hours, followed by some clear spells. Minimum temperature 6 °C.
