RBS ‘to axe 600 jobs’

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Around 600 jobs are being axed and 32 branches closed at Royal Bank of Scotland in the latest jobs cull at the state-backed lender.

The job losses will impact its retail banking division, with around 200 roles going across London and the South East and almost 400 being cut in the Midlands, East and the North, according to trade union Unite.

Unite said the job cuts come as 32 RBS branches are being shut, with many more seeing their opening hours reduced.

The union said 220 branches are changing their opening hours across the North, while 94 are seeing hours reduced in the Midlands and East.

Lyn Turner, Unite regional officer, said: “With job losses across the country and surviving branches on reduced hours, there’s no doubt this latest round of cuts will hurt the bank’s customers as well as our members.

“With every branch closure, NatWest is slamming its doors on another community, dangerously undermining the bank’s long-term future.”

RBS was not immediately available for comment.