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‘Unwelcome news’ as Ulster Bank to begin phased withdrawal from Irish market
It will be a gradual withdrawal over the next few years (Brian Lawless/PA)
Ireland’s deputy premier said the decision by NatWest to withdraw Ulster Bank from the Irish market is “unwelcome news”.
NatWest said a review of its Irish bank found that it would not achieve an acceptable level of returns going forward.
Uncertainty now surrounds the bank’s 2,800 staff, although NatWest insists it will try to keep job losses to a minimum.
Tanaiste Leo Varadkar said it will be a gradual withdrawal over the next few years.
Unwelcome news as Ulster Bank to begin phased withdrawal from Irish market thecourier.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thecourier.co.uk Daily Mail and Mail on Sunday newspapers.