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RBS could axe up to 2,300 jobs

Royal Bank of Scotland UK has put 2,300 staff on consultation, representing 2% of its 106,000 UK workforce.

Alan Dickinson, chief executive of RBS UK, says: “We recognise that any news of this nature is unwelcome at any time.

“It is essential, however, that we consistently review our business to ensure that we are able to operate as efficiently as possible, especially in the current economic circumstances.”

The announcement comes as RBS’ former chief executive Sir Fred Goodwin and former chairman Tom McKillop answered questions today from the Treasury Select Committee about how the banking giant had been brought to its knees.

Dickinson says that RBS will be consulting with trade union Unite and says that compulsory redundancies will be kept to a minimum.

He adds: “Everyone at RBS is focused on delivering for our customers and restoring the health of the overall organisation.

“Staff have given everything they have over the last year which makes the decision to cut any job an extremely tough one. We will do everything we can to mitigate the impact on our people and keep job losses and compulsory redundancies to the minimum.”

RBS says the announcement does not affect customer facing branch staff.


Nine Woolwich BDMs to lose jobs

Barclays plans to cut its Woolwich BDM sales force by almost a fifth as part of cutbacks across the group.


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