<div align="justify">British lender Royal Bank of Scotland said today that it is cutting 443 UK jobs dealing with business loans, and plans to shift many of the roles to India.<div align="justify"><br />The UK's largest government-owned bank said it was moving the jobs, which help handle loans for small businesses, as part of an ongoing cost-cutting drive.<br /><br />"As we become a simpler, smaller bank, we are making some changes to the way we serve our customers. Unfortunately, these changes will result in the net reduction of 443 roles in the UK," a spokesperson for the bank said.<br /><br />The bank said it would support staff affected by the "disappointing news", including by moving them into new roles where possible.</div><div align="justify"><br />Workers' union Unite said British workers and taxpayers would lose out from the move.<br /><br />"By shipping these jobs to India, RBS will be getting that work done more cheaply at the cost of jobs and livelihoods here in the UK," the spokesperson said.<br /><br />RBS is 73 per cent owned by the UK government after a 45- billion-pound bailout in 2008.<br />Last month also, the bank had announced some job cuts and plans to move some of them to India.</div></div>
<div align="justify">British lender Royal Bank of Scotland said today that it is cutting 443 UK jobs dealing with business loans, and plans to shift many of the roles to India.<div align="justify"><br />The UK's largest government-owned bank said it was moving the jobs, which help handle loans for small businesses, as part of an ongoing cost-cutting drive.<br /><br />"As we become a simpler, smaller bank, we are making some changes to the way we serve our customers. Unfortunately, these changes will result in the net reduction of 443 roles in the UK," a spokesperson for the bank said.<br /><br />The bank said it would support staff affected by the "disappointing news", including by moving them into new roles where possible.</div><div align="justify"><br />Workers' union Unite said British workers and taxpayers would lose out from the move.<br /><br />"By shipping these jobs to India, RBS will be getting that work done more cheaply at the cost of jobs and livelihoods here in the UK," the spokesperson said.<br /><br />RBS is 73 per cent owned by the UK government after a 45- billion-pound bailout in 2008.<br />Last month also, the bank had announced some job cuts and plans to move some of them to India.</div></div>