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RBS and Citigroup to slash 13,000 jobs

Home  Nov, 2008

RBS and Citigroup to slash 13,000 jobs - Two giant banks are poised to axe 13,000 jobs as the credit crisis deepens, bringing the number of jobs cut by British companies this week to nearly 20,000



RBS and Citigroup to slash 13,000 jobs  [11/14/2008 01:17 PM]
Two giant banks are poised to axe 13,000 jobs as the credit crisis deepens, bringing the number of jobs cut by British companies this week to nearly 20,000
Bank bailout: No public presence on boards  [11/14/2008 01:17 PM]
The taxpayer will not have representatives directly on the boards of banks getting £37bn of public funds, it emerged today
Stock market report: Friday latest  [11/14/2008 01:17 PM]
12.30:Could electrical retailer DSG International go bust? Some in the City have begun to pose the question
AA demands petrol price cuts as oil falls to $50  [11/14/2008 01:17 PM]
The AA today demanded a cut in petrol prices as the cost of a barrel of oil plunged to a low of $50
Easyjet and Virgin team up for Gatwick bid  [11/14/2008 01:17 PM]
Two of Britain's most colourful entrepreneurs are attempting to put a consortium of Gatwick airlines together to buy London's second major airport
Brown will urge countries to copy his spending plan  [11/14/2008 01:17 PM]
New figures showing Europe entering recession cast a pall over today's emergency economic summit of world leaders in the United States
Opec to hold new talks on oil supply cuts  [11/14/2008 01:17 PM]
The Arab members of oil cartel Opec plan to meet in Cairo at the end of the month to discuss further cuts in production
Credit card with keypad to fight online fraud  [11/14/2008 01:17 PM]
A credit card with its own LCD display and keypad has been unveiled
25,000 posts set to go in the capital by Christmas  [11/14/2008 01:17 PM]
This recession map of London shows where the axe is falling on jobs because of the shrinking economy
Banks 'will claw back losses on loan racket'  [11/14/2008 01:17 PM]
Banks are planning to put up the cost of borrowing in retaliation against a crackdown on the industry's 'loan protection racket', experts have warned
Soros warns of hedge fund horror to come  [11/14/2008 01:17 PM]
Billionaire investor George Soros yesterday warned that hedge funds will be 'decimated in the 'worst financial crisis since the 1930s'
G20 group meets as the gloom deepens  [11/14/2008 01:17 PM]
As the eurozone was expected today to officially slide into recession, Gordon Brown heads to Washington for yet another conference about the worsening global economic crisis
£1bn benefits contract saves 3,000 post offices  [11/14/2008 01:17 PM]
More than 3,000 post offices were saved from closure today when the Government announced it was awarding a £1bn benefits contract to the network
Fears as sterling slides to a dangerous low  [11/14/2008 01:17 PM]
UK is playing a 'dangerous game' by encouraging the pound to tumble, currency analysts warned, as sterling slumped to a new low against the euro
Darling: Economy will bounce back in 2010  [11/14/2008 01:17 PM]
Britain will suffer a short, sharp recession next year, Chancellor Alistair Darling has signalled, but will bounce back in 2010
Recession: A silver lining for some  [11/14/2008 01:17 PM]
Risky business from the HBOS dealbreakers  [11/14/2008 01:17 PM]
Rightmove loses 300 estate agents a month  [11/14/2008 01:17 PM]
Property website Rightmove has reported that up to 300 estate agents are quitting the service each month amid falling property prices