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250 jobs to be cut by RBS in London and Essex

Around 250 jobs are to be cut by the Royal Bank of Scotland from sites in London and Hornchurch in Essex. The union, Unite, describes the cuts as "unnecessary and avoidable".

RBS says "This is clearly difficult news for staff" Credit: Press Association

Unite national officer Dominic Hook said: "Staff will be recruited in other parts of the country in order to do the work currently undertaken at these sites.

"While RBS state they are committed to identifying redeployment opportunities, these do not appear to be viable geographical alternatives."

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RBS: Job losses 'clearly difficult news for our staff'

To serve our customers well we have to ensure that our resources are focused on the things that matter most to them.

That is why we are investing £700 million in the next three years in new and improving services.

Regrettably, we can only do that by restructuring the way we work in head office so that every effort is concentrated on supporting our customers and the frontline staff that serve them.

This is clearly difficult news for our staff and we will do everything we can to support them, including seeking redeployment opportunities wherever possible to ensure compulsory redundancies are a last resort.

– Ross McEwan, chief executive of RBS' UK retail arm