Bad news in pipeline as British Gas sheds jobs

More than 1,000 further job losses were announced yesterday with British Gas planning to shed about 850 posts and Clydesdale and Yorkshire Banks revealing plans to cut its workforce by 190.

British Gas said the cuts were part of a review of resource levels in its services business and will focus on management and support roles.

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A statement said: “If we are going to remain competitive and offer the best prices for our customers, we need to reduce our costs.”

The banking group said its looming cuts were part of plans to reshape business banking operations.