The bank which is more than 80% government-owned, the Bank of Scotland, is planning to slash 3,500 jobs from its technical and back office department in the UK.

Approx a third of the job fatalities are as a outcome of RBS selling 318 of its wings to Santander, curtailing its number of customers and dealings.

The trade union, Unite portrayed the jobs losses as a horror story.

A sketchy 27,000 job losses have been declared since RBS undraped its reshuffle plan early in the year 2009. It is comprehended that 30,000 jobs will ultimately go.

The bank expressed that having to slash jobs is the trickiest part of the work to reconstruct RBS and repay taxpayers for their hold.

The bank moves on to craft efficiencies athwart the business and fine-tune the plans in line with the divestments the group have been obligatory to build by the European Union.

The bank has been informed by the European Commission to curtail its number of branches in order to protect opposition apprehensions since it was bailed out by the UK government during the financial disaster. The government still grasps an 84% stake in the bank.