More redundancies and higher charges over the horizon

IT would not have come as a surprise to Halifax staff that the bank was shutting its operations here.

Rumours had been circulating since the summer that this was planned. On top of this, they, along with construction workers, are working in two of the country’s most uncertain sectors.

Whatever uncertainty exists elsewhere, there’s no doubt that there are many more job losses to come in banking and construction, which are both battling through an unprecedented period of upheaval.