RBS has told staff this morning that 1,400 of them will lose their jobs in the next two years.
We do not yet have the full breakdown of which posts will disappear, but they are expected to include a mixture of staff from head office and branches around the country.
RBS and Lloyds, both of which the taxpayer owns part of, have shed thousands of staff since the financial crisis began.
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"My sincerest apologies to everyone who purchased tickets and were planning to come to the upcoming shows."
His comments at the Defence and Security Forum on Monday came after a £20 billion black hole in the budget for the next decade emerged.
The Foreign Secretary said he thinks the health service should be "at the very top of the list" for a windfall after the UK leaves the EU.