Another 3,500 UK jobs to go at RBS
Royal Bank of Scotland is axing another 3,500 jobs under plans to more than halve the bank's administration centres across the UK, it was announced today.
Part-nationalised RBS said the job losses would go across back office and IT functions in the business services arm - coming on top of the division's 9,000 job cuts announced last year.
The bank, which is 83pc owned by the taxpayer, will close 12 of its business services centres across the UK and put three under review.
RBS said the latest jobs cull would start next year and run through to the end of 2012.