Dinnington's NatWest bank set for the axe

By Michael Upton | 01/12/2017

Dinnington's NatWest bank set for the axe

DINNINGTON’S NatWest bank is set for the axe after parent company RBS said it planned to cut branches and jobs across the country.

The Laughton Road bank is one of 197 NatWest branches earmarked for closure by RBS, which will also slash 62 Royal Bank of Scotland branches.

There will be a total of around 680 redundancies, RBS said.

The company, which has not announced when the closures will take place, said it was moving towards a non-branch model as more customers than ever were choosing to use online or mobile banking services.

A spokesman said it was “investing in our more popular branches and shaping our network, replacing traditional bricks and mortar branches with alternative ways to bank, including community bankers, Mobile Bank on Wheels and post offices, so that we can reach even more customers.

He added: “We expect these branch closures to result in around 680 redundancies. We realise this is difficult news for our colleagues and we are doing everything we can to support those affected. 

“We will ensure compulsory redundancies are kept to an absolute minimum.”

RBS intends to help more people bank online by introducing TechXperts to teach people to use online services.

Trade union Unite called the cuts “savage”, with national officer Rob MacGregor saying: “This announcement will forever change the face of banking in this country resulting in over a 1,000 staff losing their jobs and hundreds of High Streets without any banking facilities.”

The fact you are here means you are interested in what goes on in your town.

We want to continue holding local authorities to account, attending court and council meetings, as well as providing breaking news, competitions and offers – but it costs money. Online advertising does not cover costs, therefore we feel the need to ask for your help in ensuring we can provide the best possible coverage, online and in our printed products.
For as little as £1, you can support the Rotherham Advertiser – and it only takes a minute.
Click here to support local news.

Spotted something we should know about?

Call our Newsdesk on 01709 768146
Or email newsdesk@rotherhamadvertiser.co.uk
Message us on Facebook https://www.facebook.com/TheRotherhamAdvertiser/