RBS to close 14 insurance offices

Aug 26 2010

Royal Bank of Scotland has said it is axing 14 of the 27 offices in its Churchill and Direct Line business under existing plans to cut 2,000 jobs.

Two offices will be shut in Glasgow, impacting more than 640 staff, while the raft of closures will also see offices shut in locations including Peterborough, Cardiff and Bristol.

The part-nationalised bank delivered the blow to staff on Thursday afternoon as part of a previously announced move to shed jobs at the insurance division, which it was ordered to sell by the European Commission by 2013.