RBS to cut 272 jobs in UK - UPDATE

Royal Bank of Scotland (RBS) is to cut 272 jobs in the UK corporate banking unit as a resut of slowing growth levels.

Royal Bank of Scotland (RBS) is to cut 272 jobs in the UK corporate banking unit as a resut of slowing growth levels.

An RBS spokesman made the announcement, saying that the cuts will be spread across the UK, with managers as well as sales and personnel staff being targeted.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.