RBS and NatWest to close 158 branches as customers go digital

Up to 362 jobs could go, prompting union to accuse bank of turning its back on loyal communities

Royal Bank of Scotland is axing 158 branches, most of them NatWest outlets, with the loss of up to 362 jobs.

The group, which is 73% taxpayer-owned, blamed the move on customers spurning the traditional branch counter service in favour of doing their banking on the internet and mobile phones.

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