Wednesday 5 April 2017

Lloyds Bank To Close Further 100 Branches, With The Loss Of Over 200 Jobs In 2017

Lloyds Bank

Lloyds Banking Group - the firm behind Halifax, Bank of Scotland and Lloyds Bank - has announced plans to close a further 100 UK branches, resulting in more than 200 job losses.

The news comes just one year after the group confirmed plans to shut 400 of its branches around the UK, axing 9,000 jobs in the process.

Unite - the union representing staff - said the loss of a further 100 local banks will be "painful for high streets across the country to absorb."

The UK has seen thousands of bank branches disappear from across Britain’s high streets since 2014.

In the past two years, HSBC, RBS, Barclays and Lloyds have collectively shut down more than 1,500 banks as the trend turns to "digital banking".



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