RBS set to axe another 1,400 jobs

Press Association
Updated
RBS
RBS

Royal Bank of Scotland has announced it is cutting 1,400 jobs in the latest round of redundancies since it was bailed out by the taxpayer.

Edinburgh-based RBS said the positions would be axed over the next two years as part of plans to restructure its retail head office functions in the UK. It said "customer-facing" staff would not be affected.
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