RBS to axe 3,000 staff in the UK

Britain faced more jobs misery today over plans by Royal Bank of Scotland to axe around 3,000 staff.

RBS to axe 3,000 staff in the UK
Fri, 14 Nov, 2008 - 07:11

Britain faced more jobs misery today over plans by Royal Bank of Scotland to axe around 3,000 staff.

The bank, which is in line for a £20bn (€23.2bn) taxpayer handout to help shore up its finances, is understood to be cutting the posts from its global banking and markets workforce over the coming weeks.

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