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Northern Rock finalising job cut plans

Northern Rock is believed to be finalising plans to make 2,000 staff redundant over the next three months.

Reports have emerged that the bank will unveil its plan next week which will then be followed by a 90-day consultation process with affected staff.

Northern Rock chairman Ron Sandler had previously revealed the lender would be making a third of its 6,000 staff redundant by 2011.

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RLAM’s asset class specialists discuss some of the findings from the panel session at our recent Investment Conference. By Rob Williams, Head of Distribution Welcome to the latest edition of Leading Edge. It has been an eventful six months since the last e-zine. The European Central Bank announced ongoing stimulus measures, while the immigration crisis in Europe threw the […]

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