Peterborough paper fights to save bank jobs

The Peterborough Evening Telegraph has joined forces with political, business and union leaders to launch a campaign to save bank jobs in the city. The paper is alarmed by the decision of Lloyds TSB to close its local processing centre later this year, causing a loss of 240 jobs, in order to switch operations to India. It hopes to put enough pressure on the bank to reconsider. Telegraph editor Rebecca Stephens said: "At a time when Peterborough is going all out to... attract new jobs to the city, it is a huge blow." (Via Peterborough Evening Telegraph)