RBS Set for £800-mil­lion Cost Cut­ting

The Economic Times - - Finance & Commodities -

The Royal Bank of Scot­land will an­nounce a £800 mil­lion cost­cut­ting plan for the year at the end of Fe­bru­ary, as it pre­pares to re­port an­other year of losses, ac­cord­ing to the Fi­nan­cial Times. The bulk of the new sav­ings will come from staff cuts in its main of­fices in Lon­don and Ed­in­burgh.

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