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Birmingham Post
Birmingham Post
Business
Tom Houghton

Lloyds Banking Group 'to axe 780 branch jobs', Unite union says

Lloyds Banking Group are set to axe 780 full-time branch jobs, Unite the union has said.

The union previously called on Lloyds Banking Group to guarantee no compulsory redundancies and warned of plummeting staff morale after the bank announced plans to axe 6,000 roles while creating another 8,000 different jobs in 2018.

In 2018 Unite national officer Rob MacGregor said: "As the profits stack up for Lloyds, so does the uncertainty for loyal staff who work hard to serve customers."

He added: "Unite will be pressing Lloyds to guarantee no compulsory redundancies and ensuring that staff who move into new roles are given the support and skills that enable them to continue delivering the best possible customer service."

In recent years, Lloyds has closed 500 branches and axed 50,000 jobs.

The group has branches across England and Wales, and has traditionally been considered one of the "Big Four" clearing banks.

The group operates Lloyds Bank branches in the UK and Lloyds Bank International, as well as Bank of Scotland.

The group also operates Halifax branches.

The bank was founded in Birmingham in 1765.

More on this as we get it

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