By John Smith • Published: 20 Sep 2020 • 13:14
THE Irish Times suggests that one of Ireland’s biggest retail banks, Ulster Bank could be closed down by its UK based parent NatWest leaving up to 2,800 staff in Northern Ireland and the Republic without jobs.
Unions who were in discussion with NatWest over the possible redundancy of up to 10 per cent of the staff appear to have been caught unawares and although there have been rumours in the past of a sale, there are no obvious purchasers in the wings at the moment.
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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica. Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene. Currently he is acting as Editorial Consultant for the paper helping to shape its future development. Share your story with us by emailing newsdesk@euroweeklynews.com, by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
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