RBS to cut 9000 jobs as taxpayer stake up to 70.3%MyFinances.co.uk
The government's stake in RBS now stands at 70.3 per cent – it was revealed today - as the lender is cutting 9000 jobs. Just 0.7 per cent of shares put up ...
.....It was also revealed as many as 9,000 jobs - half of which in the UK - could be lost as the lender aims to scale back its operations and deal with restructuring with the target of cutting annual costs by £2.5 billion. .....
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