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› People › Northern Rock
Person · entity profile
Northern Rock
6
source-backed facts
1 publication
Business
Finance
business · BBC
Northern Rock's Guernsey banking operation will close on 2 September.
“Northern Rock's banking operation in Guernsey is to close on 2 September, the bank has announced.”
2
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business · BBC
The Guernsey operation no longer meets Northern Rock's 'long-term commercial objectives' following a review of offshore operations.
“The bank said that the Guernsey operation no longer met its 'long-term commercial objectives' following a review of offshore operations.”
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business · BBC
Northern Rock plans to cut 650 jobs by the end of the year as part of its restructuring process.
“Nationalised bank Northern Rock has said it plans to cut 650 jobs by the end of this year as part of its ongoing restructuring process.”
650 jobs
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business · BBC
Northern Rock currently employs about 4,500 people.
“Northern Rock currently employs about 4,500 people.”
about 4500 people
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business · BBC
Northern Rock refuted Unite’s 990 figure, stating that 650 is the number of people losing jobs after redeployment.
“Northern Rock refuted the 990 figure, saying that related to the number of roles affected. After redeployment, the number of people losing their jobs would be 650, a spokesperson maintained.”
650 people
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finance · BBC
Northern Rock announced plans to close its final salary pension scheme to new contributions.
“Northern Rock also announced plans to close its final salary pension scheme to new contributions.”
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