Lloyds Banking Group said today that it would axe another 650 jobs and shut a site in Nottingham as part of a raft of changes.
The part-nationalised group also revealed plans to close a 265-strong network of Halifax-branded counters based within firms such as solicitors and estate agencies in a move expected to hit a further swathe of workers, although not directly employed by Lloyds.
Lloyds said it had struck a deal with the Post Office to allow Halifax customers to pay in cash and cheques at the 12,000 PO branches.
Today’s job losses will largely hit insurance and back office based staff in Nottingham and Chester, according to the bank.
Similar Posts:
- Magnificent seven make it into the mid-market’s top 250 league table
- Car insurance giant Admiral planning to expand into household insurance
- Admiral posts record half-year profits
- Why Don’t Online Banks Accept International Wire Transfers?
- Truckers’ strike: Unions to report on wage offer
