Royal Bank of Scotland (RBS) has slashed 300 hundred jobs after the part-nationalised lender failed to secure a buyer for its capital markets and cash equities businesses.
The group, which is 84% owned by taxpayers, has made the majority of the cuts at its London-based operations, according to a statement emailed to Bloomberg News earlier today.
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NS&I cuts interest rates on 7 savings products – full list of changesThe cut means NS&I’s savings bonds are far less competitive than other fixed term bonds on the market. We look at what’s changed.
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Cash ISA changes: Can Reeves create the culture shift needed to get savers to start investing?Opinion Rachel Reeves will reportedly cut the cash ISA allowance this month - but, without a significant campaign to encourage investing, a limit on cash ISAs will not shift the deep and culturally embedded mindset that stops people from investing in the first place, says Kalpana Fitzpatrick
