Vir­gin Money to axe 52 stores and cut 300 jobs

The Daily Telegraph - Business - - Business -

High street lender Vir­gin Money is restart­ing its plans to shut or merge 52 of its branches and cut 300 jobs after putting the over­haul on hold amid the coro­n­avirus pan­demic. How­ever, the group said the im­me­di­ate job cuts are 200 fewer than those pre­vi­ously an­nounced. It will also be of­fer­ing staff af­fected by the clo­sures the op­tion to re­main at the firm un­til Oct 20.

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