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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.
05 May 2011
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.
09 January 2004
Euro soars on weak US jobs creation report
The US dollar has continued its decline against the euro, as the currency market reacted to a worse than expected December US employment report. The US jobs growth figures announced today saw the euro leap back to levels close to the near the record Tuesday high of $1.28.
Euro soars on weak US jobs creation report
The US dollar has continued its decline against the euro, as the currency market reacted to a worse than expected December US employment report. The US jobs growth figures announced today saw the euro leap back to levels close to the near the record Tuesday high of $1.28.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.
