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RBS and an unusual approach to staff morale

Listening to the Today programme this morning I was astonished by the story that RBS were threatening to discipline staff who banked with competitors. RBS state that candidates are told at interviews that they must have their salary paid into an account from a bank within RBS group, although staff may open additional accounts with competitors, which is big of them. Interestingly they seem to be applying the rule to staff who worked for companies before they were taken over by RBS.

It does seem an extraordinary way to go about things and in the light of recent stories about retail banking greed, incompetence and off-shoring - it can only further fuel the public's deep suspicion of the industry.

 The BBC has the full story.

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