A total of 15 roles in Jersey, Guernsey and the Isle of Man are to be cut but no exact numbers were given and a local spokesman would only say that there was a ‘relatively even spread across the islands’.

A statement from HSBC Bank International Ltd said: ‘HSBC Channel Islands and Isle of Man will see a relatively modest impact from the announcement made by HSBC in the UK today, with a net reduction of 15 roles across the islands.’

Meanwhile, figures published today show that unemployment rose in March to a new record high of 2,050..

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