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View Full Version : NAB to Cut 1400 U.K. Staff as Weakening Economy Trims Options - Bloomberg



NewsWhore
04-29-2012, 08:30 PM
NAB to Cut 1400 U.K. Staff as Weakening Economy Trims Options (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEm-4fANGZus6_zMNdugETpcSHXSw&url=http://www.bloomberg.com/news/2012-04-29/nab-to-cut-1-400-u-k-staff-as-weakening-economy-trims-options.html)
Bloomberg
With the local currency near a 27-year low against the Australian dollar, funding costs rising and the British economy weakening, the bank said today that neither growing by acquisition nor selling up was a viable option. “In the last half year there ...

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