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Nationwide confirms 70 job losses

Friday, 23 September 2016 15:21

Building society to close next year

An Island-based building society has confirmed it will shut its doors next year, with 70 jobs set to go in Douglas.

The fate of Nationwide International has been uncertain for several months - it's now understood operations will wind up around September 2017.

Existing customers are being assured their money 'remains in safe hands' for the time being.

Bosses say it's the result of a 'thorough review' by parent company Nationwide, taking into account demand, running costs and the value of operating on the Island.

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Tim Glover wants to know if Lawrie Hooper will make a statement on Manx Care's proposed service cuts
Prison launches construction workshops

It's hoped it'll enable prisoners to find stable work after completing their sentences
Manx Care 'holding a gun to the head of government' with cuts

Audio

MHK reacts to announcement about further reductions to health service