Skip to main content
The Morning Star Shop
Job losses at Lloyds Bank to send ‘shock waves’ through communities
Lloyds Banking Group head offices in London

LLOYDS Bank’s decision to cut hundreds of jobs will send “shock waves” through communities reliant on local branches, finance staff warned today.

Trade union Unite criticised the decision of Lloyds Banking Group (LBG) to get rid of 780 full-time consultancy, customer-service and managerial roles across the country.

The redundancies, expected to fall between June and October this year, represents 6.25 per cent of the bank’s overall British workforce of 70,000.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
More from this author
Britain / 27 February 2020
27 February 2020
Britain / 27 February 2020
27 February 2020
Britain / 26 February 2020
26 February 2020
Similar stories
A branch of Lloyds Bank on Oxford Street, central London
Britain / 15 January 2025
15 January 2025
Chancellor of the Exchequer Rachel Reeves at the Confederati
Features / 9 January 2025
9 January 2025
Labour’s ex-banker Chancellor plans deregulation while City profits soar and customers suffer — between money laundering scandals and the exploitation of Covid loans, it’s clearly time to end this madness, says BERNIE EVANS
A branch of Lloyds Bank on Oxford Street, central London
Britain / 18 December 2024
18 December 2024