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The FTSE 100 will open at 8am. Among the companies with reports and trading updates today are Shell, Workspace, Capita, Avon Protection, CRH, Cranswick and AO World. Read the Tuesday 21 November Business Live blog below.

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Capita to cut up to 900 jobs

Capita will make up to 900 roles redundant as part of a cost-cutting drive the outsourcers says will save it £60million a year from the first quarter of next year.

Affected staff, whom are primarily within indirect support functions and overhead roles, will be consulted on the job losses soon.

Capita employed about 50,000 people in 2022, according to its latest annual report.

Former NatWest fraud boss leaves after moonlighting for law firm… which specialised in suing banks on behalf of scam victims

NatWest’s fraud prevention boss left his job after moonlighting at a law firm bringing scam victim claims against banks like NatWest, This is Money can reveal.

Jason Costain was head of fraud prevention at high street bank NatWest, and as a high-profile employee was often quoted in the press.

This post first appeared on Dailymail.co.uk

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