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Ulster Bank job losses a devastating blow – Doherty

2 July, 2013 - by Pearse Doherty TD


Responding to the announcement of 1800 job losses at Ulster Bank Sinn Féin Finance spokesperson Pearse Doherty called on the government to work closely with the executive in the North to minimise to ensure that those made redundant return to the workforce as soon as possible.

Deputy Doherty said;

“This is a devastating blow to workers. Ulster Bank has 214 branches across the island, 79 in the north and 135 in the south. It is unclear how many of these branches will face closures.

“What is clear to anyone listening to the Anglo tapes is the cavalier attitude and callous disregard that senior bankers have to the public and the funds under their control. The actions of these senior bankers have led to massive job losses and branch closures.

“It is clear that the government and the executive in the North must work together to minimise job losses and branch closures and to ensure that those made redundant return to the workforce as soon as possible. An All-Ireland approach to banking and regulation is a necessity.

“Lastly there is a need for the senior managers in these banks that have been bailed out by either the British or Irish government to be fully held to account for the mess they have created.”

ENDS

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