Royal Bank of Scotland is planning to close its massive office at Drummond House in the Gyle business park in west Edinburgh and relocate around 1,000 staff to its HQ at nearby Gogarburn.

“As we become a simpler, smaller UK focused bank and as we encourage more flexible ways of working, we no longer require the same amount of office space as we once did,” an RBS spokesperson told media.

“We will be exiting Drummond House by the end of 2020, which will further reduce our property costs in Edinburgh.

“We will be regenerating our Gogarburn campus to accommodate more staff and to create a better, more flexible working environment.”