RBS To Shut Peterborough Office

660 people are likely to lose their jobs when the Royal Bank of Scotland closes it's Peterborough office.

It's one of 14 offices from RBS's Churchill and Direct Line insurance brands that will be closed.

The offices will close over the next three years, with some closing later in 2010.

RBS hopes to transfer staff affected to nearby offices, where possible.

The bank is 83% owned by the taxpayer, and said in May that 2,000 jobs would go at it's insurance arm that employs a total of 16,000 people.

Rob MacGregor, national officer at trade union Unite, said: "RBS staff are continuing to pay the price for the bank's failure with their jobs.

"They are trying to do the best job they can during a hugely stressful period of uncertainty.

"Unite is calling on RBS to come clean with staff and clarify the impact of the restructuring and end the uncertainty. Unite will hold RBS to account over any compulsory job losses that result."

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