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Editorial: Bank cuts shock us all

THE axing of 750 jobs as 44 Halifax branches close has caused deep dismay. The bank says it was "too small to succeed". This contrasts with banks deemed "too big to fail".

The closures are terrible news for employees and send a shudder through workforces at other financial institutions. The public are justifiably worried and it is hoped such actions will be kept to an absolute minimum.


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