Appeal to Rock staff; in association with RBS.NEWCASTLE Building Society The Newcastle Building Society is a UK building society, which has its head office in Newcastle upon Tyne, England. It was formed in 1980 as a result of a merger between the Grainger and Newcastle Permanent Building Societies. (NBS (National Bureau of Standards) See NIST. NBS - National Bureau of Standards: part of the US Department of Commerce, now NIST. ) has urged redundancy-threatened Northern Rock staff to apply for work after signing a deal worth over pounds 10m with a national finance firm creating 50 jobs. The company, which last year pledged to create 500 North East jobs by 2012, yesterday said its latest contract will add to its existing 1,200-strong workforce, and put the long-term Long-term Three or more years. In the context of accounting, more than 1 year. long-term 1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term. recruitment plans well ahead of schedule. In recent months the group has taken on around 35 former Northern Rock staff and received applications from Rock employees. But with nationalised Northern Rock set to axe 2,000 jobs in the region in the near future, NBS is hoping to bring in more Rock staff. Chief executive Colin Col´in n. 1. (Zool.) The American quail or bobwhite. The name is also applied to other related species. See Bobwhite. Seccombe said: "We have employed around 35 former Northern Rock staff in recent months, but with up to 2,000 people facing redundancy in the relatively near future, it's perhaps surprising that we haven't received many more than the 195 applications that have come to us from Rock employees." The new contract awarded to NBS with a national firm will involve developing its savings offering and the launch of a new savings account Savings Account A deposit account intended for funds that are expected to stay in for the short term. A savings account offers lower returns than the market rates. Notes: brand. NBS will provide an internet with telephone support savings platform, as well as an additional administration and support function for the new account brand. |
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