Swindon-based Nationwide Building Society, which employs around 18,000 people across the country, is to cut about 450 jobs as part of a move in "streamlining" some roles.

"Our strategy is to give members greater value, better products and a distinctive customer experience," a statement added.

"To do this our systems and operations must be best in class and we need to be more agile and efficient.” The society will be providing the "right support" for people affected by the cuts, they added. 

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