THE Royal Bank of Scotland will close 162 branches across the UK, resulting in 792 job losses.

The company will close its Harrogate branch on August 8 and the Scarborough branch will shut on August 15.

The York branch, on Nessgate, has not yet been included on the list of closures but planning permission has been granted for the site to be turned into a restaurant or cafe when the company's lease ends in 2019.

RBS said it will close branches in close proximity to Natwest sites.

A spokesman said: "Following a review of the branch network in England and Wales a decision has been taken to close 162 Royal Bank of Scotland branches.

"As a result of this process, around 792 roles will be made redundant, and we will seek to support our colleagues with the option to leave on a voluntary basis.

"We are no longer launching Williams & Glyn as a challenger bank, and we now have two branch networks operating in close proximity to each other; NatWest and Royal Bank of Scotland, in England and Wales.

"As a result we have had to review our overall branch footprint in England and Wales and we've made the difficult decision to close a number of Royal Bank of Scotland branches. Customers of Royal Bank of Scotland in England and Wales will be able to use NatWest branches instead for their everyday banking needs."