Ulster Bank to cut more jobs after €9.3m loss

Ulster Bank says it will be seeking another 250 voluntary redundancies after reporting an £8m (€9.3m) loss for the first six months of this year.

The bank's parent company, RBS, has reported a profit of £15m (€17.5m) for the same period, despite bad debts and loan writedowns soaring to £7.5bn (€8.7bn) .