Unite reaction to Santander offer for RBS branches
18 June 2010
Rob MacGregor, Unite national officer said: “This move by
Santander to buy 318 Royal Bank of Scotland branches is yet another
nail in the coffin of the diverse financial services sector which
consumers have long benefited from. Simply on the basis of market
competition on the high street this sale is bad news.
“Santander already owns branches of Abbey National, Alliance
& Leicester and Bradford & Bingley, there is a danger that
soon British customers will only have one provider to choose from.
Where does this daily consolidation in the sector leave the Con-Dem
government’s commitment to a diverse financial services
industry?”
ENDS
For more information contact: Saba Mozakka, Unite press office
on: 07768 693 953
Email to a friend
