RBS confirms 700 jobs are going
Royal Bank of Scotland (RBS) has confirmed nearly 700 jobs are to go at three sites.
A total of 500 will go in Telford, 150 in Plymouth and 40 in Leeds. The cuts are part of a package of 3,500 job losses RBS announced last September.
The job losses centre around the closure of a Telford call centre which deals with debt management and fraud.
Union Unite said the news is "devastating". RBS said it would help its former employees.
Unite's national officer Dave Fleming said: "The job loss announcement and site closures are truly devastating news for the local communities, many of which depend on these finance jobs."
RBS said the sites to close had been identified and the firm was committed to giving employees 12 months' notice.
"Having to cut jobs is the most difficult part of our work to rebuild RBS and repay taxpayers for their support," the firm said in a statement.