Royal Bank Scotland face the risk of redundancies as the the bank plans to reduce its business in investment banking.

Reports suggest that up to 10,000 jobs could be lost, which an RBS spokesman has said are "inaccurate".

Trade union Unite is writing to Royal Bank of Scotland to express its anger over renewed speculation of thousands of job cuts at the part-nationalised lender.

"Unite is disgusted that the workforce of RBS has today read in the media that further job losses are being considered. This constant speculation and rumour is highly concerning for those who work for RBS," Unite national officer David Fleming said in a statement on Thursday.