Thursday, May 20, 2010
Banking still in dire straits
Newcastle Building Society cuts jobs and loses branches
Jim Willens, chief executive for Newcastle Building Society, said: "To remain strong we need to be realistic in the knowledge that this is still a very challenging climate for the financial services sector. "We have to make some difficult decisions but these will benefit the society and the majority of its staff in the long-term.
Posted by mark @ 11:17 AM (940 views)
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Betablocker says:
Less than 1% interest on your savings account and Willens thinks he’s worth £286,000.