NatWest to cut 550 jobs and close a London office

NATWEST is cutting at 550 jobs as the pandemic continues to hit the banking sector. The banking chain is offering voluntary redundancy – and says it needs to cut 550 full-time roles, according to union Unite. 1 The banking chain is cutting jobs thanks to the impact of Covid-19Credit: Alamy …

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FTSE 250 movers: AO World surges; Capco down on results

London’s FTSE 250 was up 0.5% at 18,077.60 in afternoon trade on Wednesday. Online electrical goods retailer AO World surged to the top of the index, with traders pointing to positive read-across from Asos, which said annual sales and profit were set to be “significantly ahead” of market expectations. Although …

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