RBS axes another 900 roles


RBS is cutting a further 900 jobs as part of a drive to save £800m this year.

According to the BBC, the roles will mostly be back office and IT jobs.

The announcement follows RBS cutting back its face-to-face advice service in March leading to around 550 job cuts and the closure of 32 NatWest branches, which was revealed in April.

A RBS spokesman says: “As RBS becomes a smaller UK-focussed bank, we are restructuring our support services to better align with the business we are becoming. These changes unfortunately mean some job losses. We understand how difficult this is for our staff and will be offering as much support as we can including redeployment to other roles where possible.”

RBS has cut more than 2,500 jobs since January.