Clydesdale and Yorkshire banks to axe 1,400 jobs

grizzly1911

Loughton_Monkey wrote: »

Not quite true.

They are losing 1,400 jobs between now and 2015. Not quite the same thing as sacking 1,400 people overnight.

Quite right but losing 1400 headcount over a relatively short period must be quite a percentage drop for something the size of Yorkshire Bank.

A._Badger

grizzly1911 wrote: »

Not called waste in the private sector it is profit, doesn't really matter though because we still pay for it when we consume something.

But we can stop buying the products. Can't stop paying the Statist blood-suckers, can we?

Timm

A._Badger wrote: »

But we can stop buying the products.

(...)

Some people got a ten year fix from YBS.

So [STRIKE]they[/STRIKE] we will have to keep paying...

macaque_2

RUN_RABBIT_RUN wrote: »

oh you've ruined it now - iwas hoping for mass unemployment and for nasty bankers to be kicked out oftheir jobs

There is more than a whiff of double standards around here.

People vent fury on anyone who supports cuts in Bank jobs. The people in these bank jobs however have become far too dependent on ripping people off (and this includes Clydesdale and Yorkshire Bank) or taking risks with customer's money.

http://www.thisismoney.co.uk/money/saving/article-2137733/Banks-face-PPI-agony-claims-rise.html

PPI is just onein a long line of miss-selling scandals perpetrated by the banks and is a close cousin of theft. Fewer bank employees means few people being ripped off and that has to be for the good for the country.

And do people really give a hoot about jobs? When the subject of mass immigration (at a time of rising unemployment) is raised on this forum, a mob pile in to explain how the only thing that counts is giving the job to the best person (irrespective of whether they are immigrants or not). A UK school leaver has little chance againstolder immigrants with work experience and therefore never get the develop and prove they could have been the best. Employers of course save themselves the cost of training and leave the problem of second generation immigrants to someone else (young black males have 50% unemployment).

Conrad

I was drawn to this part;

'The bank made a charge in its accounts of £282m for bad loans, mainly in the commercial property market'.


..............

This ties in with what I've been seeing on the ground. Commercial property is a bit of pig now.

I've had a number of dead end commercial enquiries so far this week. People really are clueless. One couple keep hounding me as they are trying to by this 'dead cert' pub which apparantly takes £8000 per weekend alone.

I keep comming back to why the landlord wants out then? No one walks away from an easy cashcow - the existing guy doesn't even work there as he employs a manager, and he's only getting a small sum for the sale of the lease.

The enquiriers have been declined by many lenders directly, so I just dont want to waste my time on it.


I am trying to talk them out of buying such a business and loosing thier shirts, but they just wont be told. They say to me 'we wouldn't be doing this if we thought it would fail, we would never want to loose our home'. Thats what they all say, just like glassy eyed brides and grooms.

grizzly1911

A._Badger wrote: »

But we can stop buying the products. Can't stop paying the Statist blood-suckers, can we?

No we can just be drained by capitalists instead, especially for things that we need to live on. If people choose to buy/not buy luxuries that is up to them I agree.

grizzly1911

macaque wrote: »

PPI is just onein a long line of miss-selling scandals perpetrated by the banks and is a close cousin of theft. Fewer bank employees means few people being ripped off and that has to be for the good for the country.

Think you are missing the point. The jobs that are being lost are not the ones directing the policy they just have to follow it in order to keep their job in the first place.

Many in banking hate selling the stuff just as much as you hate buying it but it helps feed their kids and put a roof over their heads.

No different to that nice person in Clarks trying to flog you polish or Currys selling you extended warranty. People didn't have to take out PPI. If they could have bothered to understand the paperwork rather than be desperate for their next fix of cash, it wasn't compulsory however persuasive the sales technique. Perhaps the fix was necessary as they had already been persuaded of a need by capitalist marketing??