29/11/2017
LBG To Close 49 Branches
Unite the union has announced that Lloyds Banking Group (LBG) informed staff that they will be closing another 49 branches of the Halifax, Bank of Scotland and Lloyds Bank, resulting in 99 job losses.
Unite has warned the bank that the ongoing bank branch closure program is undermining their vision for growth and leaves more local communities without access to valued local banking.
Rob MacGregor, Unite national officer said: "Lloyds Banking Group needs to halt this unnecessary bank branch closure program. Local communities are making it clear that the closure of their local branch excludes customers who cannot use digital means to conduct their financial transactions.
"Having returned to profitability LBG needs to stop ignoring its corporate social responsibilities. Just over six months ago the bank announced the closure of 100 branches and today another 49 branches. The news today will not be welcomed by staff or the customers left with no access to local banking."
Unite is urging the bank to reconsider these latest closures and pressing the bank to guarantee there are no compulsory redundancies as a result of the announcement today.
Unite has warned the bank that the ongoing bank branch closure program is undermining their vision for growth and leaves more local communities without access to valued local banking.
Rob MacGregor, Unite national officer said: "Lloyds Banking Group needs to halt this unnecessary bank branch closure program. Local communities are making it clear that the closure of their local branch excludes customers who cannot use digital means to conduct their financial transactions.
"Having returned to profitability LBG needs to stop ignoring its corporate social responsibilities. Just over six months ago the bank announced the closure of 100 branches and today another 49 branches. The news today will not be welcomed by staff or the customers left with no access to local banking."
Unite is urging the bank to reconsider these latest closures and pressing the bank to guarantee there are no compulsory redundancies as a result of the announcement today.
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Lloyds Banking Group (LBG) needs to stop its regular "salami slicing" of banking jobs every two months, according to Unite the union. Unite was commenting on the latest tranche of 500 job losses announced by LBG today, bringing the jobs lost by the group to about 30,000 since the banking crisis unfolded in 2008.
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Lloyds Banking Group has announced it is closing all of its Cheltenham & Gloucester branches, resulting in more than 1,500 jobs being axed. The company announced all 164 C&G branches will close in November, making 1,660 people redundant. However, the brand will be kept for mortgages and savings.
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21 May 2014
Lloyds To Cut Another 645 Jobs
Unite the union is demanding guarantees of no compulsory redundancies following the announcement by Lloyds Banking Group that it planned to cut a further 645 jobs and close its Warrington telephone banking centre. Over 2,400 jobs have gone at the taxpayer bailed out bank since the start of the year leading to plummeting staff morale.
Lloyds To Cut Another 645 Jobs
Unite the union is demanding guarantees of no compulsory redundancies following the announcement by Lloyds Banking Group that it planned to cut a further 645 jobs and close its Warrington telephone banking centre. Over 2,400 jobs have gone at the taxpayer bailed out bank since the start of the year leading to plummeting staff morale.