Bank blames impact of Covid-19 and low interest rates for move
The Co-operative Bank is to cut 350 jobs and close 18 branches across the UK, as it battles against low interest rates and the economic downturn sparked by the Covid-19 crisis.
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The Co-Operative Bank to cut 350 jobs and close 18 branches - see the full listTHE Co-Operative Bank has announced plans to cut 350 jobs and close 18 branches. The banking group is the latest business to have been impacted by the coronavirus crisis. The Co-Op confirmed the ne…
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Co-op Bank to shed 350 jobs and close branchesEconomic uncertainty and the shift to online banking have prompted the cuts, the bank says.
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