Unite the union representing staff at Royal Bank of Scotland (RBS) has expressed disgust at the decision by the bank today (5 September) to close another 54 bank branches with the loss of more than 340 staff.

The Royal Bank of Scotland, which is still 62.4 per cent owned by the taxpayer, will close the 54 branches by January 2019. This is in addition to 162 closures announced in April of this year.

Rob MacGregor, Unite national officer said: “It is utterly disgusting that Royal Bank of Scotland has the audacity to announce that yet more important local bank branches will permanently close their doors. This announcement heaps further misery on communities across England and Wales that have already seen the demise of local banking services as branches that were signposted by the bank earlier in 2018 as an alternative for customers whose branches were closing, now suffering a similar fate.

“Today another 54 local communities will lose the vital local bank branch which many customers rely on and over 340 staff will lose their jobs. The disabled, elderly and many local businesses will today be deeply disappointed that their bank has chosen to withdraw from their community and no longer provide them with the access to banking services which we all deserve.

“The latest round of branch closures will reduce the RBS brand presence to just 51 sites, with the North West region yet again losing the largest number of branches.”

The additional 54 branches announced for closure today brings that total number to 216 branches in England and Wales in the last nine months, resulting in over 1,300 job losses. Some 44 per cent of these closures have impacted branches in the North West of England.

ENDS

For further information contact Saba Edwards; 07768 693 953.