Unite has expressed anger over plans by RBS Group to cut even more branches across the UK as it renewed calls for a moritorium on branch closures. The bank, majority owned by the UK…Read more…
Stop bank closure call
The 72 per cent taxpayer-owned bank RBS – which benefited from a £45bn bailout after the financial crisis – today (February 24) reported its ninth consecutive year of losses, as it struggles to pay…Read more…
Rethink bank branch closures
Unite the union has urged MSPs to back a motion calling on RBS and other banks to think again about ‘slash and burn’ branch closures. Last week, RBS announced plans to close a further 86…Read more…
‘Death by a thousand cuts’
Unite has expressed ‘bitter disappointment’ over further bank branch closures announced by RBS Group. Unite, the largest union representing RBS staff, said the taxpayer-owned bank was…Read more…
Unite slams RBS moves
RBS shares experienced their steepest fall in the FTSE 100 late last week after the bank posted a hefty £2bn half-year loss, as it also announced that it would be abandoning its project to spin off…Read more…
Broken ‘covenant’
At the height of the financial crisis, the Royal Bank of Scotland came under the auspices of taxpayers and received a bailout of £45bn. Since then, the bank’s implicit covenant with taxpayers…Read more…
Rise of the robo-bankers?
Investment advisers at the 73 per cent taxpayer-owned RBS bank are set to be replaced by so-called “robo advisers” to cut costs, which will entail the loss of 250 jobs. The bank, which…Read more…
‘Once in a generation’ opportunity
MPs debating the public stake in the Royal Bank of Scotland today (November 5) must ensure the government does not throw away a ‘once in a generation’ opportunity to restore trust to Britain’s banks,…Read more…
RBS: justice for tax-payer call
Unite, Move Your Money and campaign group Sum of Us held a short demonstration outside the Treasury and delivered a petition calling on George Osborne to halt the sale of publicly owned shares in the…Read more…
Stop the fire sale
Campaigners from Unite and other groups gathered outside the Treasury this morning (August 12) to protest chancellor George Osborne’s knock-down sale of taxpayers’ stake in RBS. Last week…Read more…
Osborne’s fire sale only the first
As chancellor George Osborne rushed through the sale of £2.1bn in RBS shares on Monday night (August 3) – at a massive loss to the taxpayer – a new analysis shows that this most recent fire-sale of a…Read more…
RBS sell off: ‘It’s a disgrace’
Unite national officer for finance, Rob MacGregor summed up the union’s reaction to Osborne’s RBS sell off by saying, “It’s a disgrace.” His comments came in an…Read more…
The madness of sell-off king George
They say that the definition of insanity is to repeat the same action and expect a different result. If that’s true then George Osborne’s Mansion House speech presented a particularly…Read more…
Emergency Questions to Newham Council about LOBO toxic loans & Parliamentary Select Committee for Local Government
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Great British sell-off
Axing £12bn from the welfare bill was a prime Tory election pledge – one that’s proving so impossible that even senior officials within the party’s ranks itself are now pressuring chancellor George…Read more…
George’s economic mind-bender
If the Tories were not already planning new laws to prohibit mind bending legal highs then Osborne’s speech to the London banker’s dinner last night would force their hand. It seems as if more…Read more…
£13bn taxpayer rip-off
By selling off the public stake in the Royal Bank of Scotland, George Osborne is short-changing the public and wasting a historic chance to bring needed change to Britain’s banks, warned Unite….Read more…