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cashinmattress

Rbs Expected To Announce 2,000 Job Losses

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Royal Bank of Scotland is today expected to announce 2,000 job losses in the wake of boss Stephen Hester's announcement that he is to stand down after five years at the helm.

The cuts are expected to be spread around the bank's offices across the world, but it is feared some workers in the City will lose their jobs as the global investment arm is decreased from 11,000 to 9,000.

Mr Hester will leave later this year and will receive 12 months' pay and benefits worth £1.6 million and the potential for a £4 million shares windfall from a long-term incentive scheme. But he will receive no bonus for 2013.

What a turkey. Hester's bonus paid by taking away a small towns worth of jobs.

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I thought the whole idea of a few big, too big to fail banks was not a good idea, far more smaller banks employing more people was safer, more competitive and better for us all in the long-term......can't these people start-up a new competitive bank, get the ball rolling so to speak? ;)

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I thought the whole idea of a few big, too big to fail banks was not a good idea, far more smaller banks employing more people was safer, more competitive and better for us all in the long-term......can't these people start-up a new competitive bank, get the ball rolling so to speak? ;)

They've got HAL 9000 plugged into the exchanges. What do you need flesh and blood clerks for?

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I thought the whole idea of a few big, too big to fail banks was not a good idea, far more smaller banks employing more people was safer, more competitive and better for us all in the long-term......can't these people start-up a new competitive bank, get the ball rolling so to speak? ;)

That's like asking this lot to become farmers:

herd-of-sheep.jpg

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They've got HAL 9000 plugged into the exchanges. What do you need flesh and blood clerks for?

All businesses need flesh and blood.......maybe they can adapt to becoming sales flesh and blood and to leave the important work to the robots. ;)

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  • 241 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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