The Royal Bank of Scotland is to close its Direct Line insurance business at Atlantic Quay and pull out of offices on St Vincent Street, shedding 440 posts.
The state-owned bank yesterday announced 2000 redundancies across its insurance arm.
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440 jobs lost as RBS closes Glasgow offices of Direct Line
Glasgow’s standing as an international finance centre was dealt a blow last night by news that one of the city’s biggest employers is to cut more than 400 jobs in the next six months.
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