40 ex-Anglo staff lose jobs in London and Belfast

Forty employees of the former Anglo Irish Bank, IBRC in special liquidation, have been made redundant at the bank’s London and Belfast offices.

In a statement issued yesterday, liquidators of the bank Kieran Wallace and Eamonn Richardson of KPMG said that they were using an insolvency provision to remove protection for the staff that would have seen them automatically transferred over to another company, Capita.

Capita is taking over the winding-down of the IBRC loan book that has been transferred to Nama.