UNITE is seeking urgent reassurances from the Clydesdale & Yorkshire Bank Group (CYBG) after it announced plans to slash jobs today following the purchase of Virgin Money.

CYBG has agreed a £1.7 billion takeover deal with Virgin Money which it said is likely to lead to 1,500 job losses.

Unite regional officer Rob MacGregor said the union was seeking an urgent meeting with the new combined chief executive David Duffy to secure assurances on behalf of its members.