Cochrane concerned at Ulster Bank jobs loss

Alliance East Belfast MLA Judith Cochrane has expressed her concern at the announcement that Ulster Bank is due to lose up to 1,800 jobs and close up to 39 branches. Its parent company RBS hopes the measures will help return it to profit by 2016.

Judith Cochrane MLA said: “I am deeply concerned that Ulster Bank has announced such a substantial jobs loss. It will be devastating news for those affected employees.

“It is not yet clear how many of these job losses will be in Northern Ireland. I will be seeking an early discussion with Ulster Bank to see the full extent of the impact of this announcement on Northern Ireland and I will be urging Ulster Bank and its parent company RBS to see what can be done to save as many jobs as possible.

“In making this announcement, Ulster Bank has once again shown little regard for their employees and customers. A number of branches have already been closed by several banks and one has to worry about the out workings of this announcement and the effect it will have on the branch network and the ability of customers to access services.”


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