Lloyds’ spokesperson comments on closure of Southend office
"As part of the Group’s simplification programme set out in its 2011 strategic plan, the decision has been reached to close Essex House, leading to around 570 role reductions. A further c75 members of staff currently at Essex House will move to our Chelmsford location.
"As with any decision that affects our colleagues, this was a very difficult one to make. We will do everything we can to provide support for both our employees and the local community to manage this transition.
"We will work with our colleagues wherever possible to try to find suitable roles for them elsewhere within the Group."
The Japanese car firm Honda is to cut 800 jobs at its UK plant in Swindon after a slump in demand for its vehicles in Europe.
The factory employs 3,500 people. Workers were told about the cuts when they arrived for their shifts this morning.
A 90-day consultation period is underway. Honda has siad it is trying to avoid compulsory redundancies.
The multinational has been making cars in the UK since 1992, and has never had job cuts here before. The firm said demand had fallen by a million across Europe.
"Sustained conditions of low demand in European markets make it necessary to re-align Honda's business structure. As such, Honda of the UK Manufacturing (HUM) will enter into forma consultation with its associates to consider these changes and the proposal that it will reduce the workforce by 800 associates by spring 2013.
"Honda remains fully committed for the long term to its UK and European manufacturing operations. However, these conditions of sustained low industry demand require us to take difficult decisions. We are setting the business constitution at the right level to ensure long-term stability and security."
– Ken Keir, Executive Vice President, Honda Motor Europe
Central London boroughs like Haringey, Lewisham and Hackney are among the worst places in the country for unemployment. A new study by the Trades Union Congress shows that there are up to 20 job-seekers per vacancy in some inner-city areas.
A Department for Work and Pensions spokesman said: "We know times are tough for jobseekers, which is why we have introduced the Work Programme which gives people tailored support that's right for them and will match people to the vacancies in their area.
"We have also announced that £1 billion will be spent over the next three years to provide young people with extra help."The Youth Contract will provide nearly half-a-million new opportunities for young people, including apprenticeships and work experience placements."