Lloyds Banking Group is to cut 850 jobs and close an office in Southend, Essex, the Unite union said today.
Unite say the bank have announced almost 2,750 job losses since January. National officer for the union Dominic Hook is calling for a review of the cuts made by banks:
– Dominic Hook, National officer for union Unite
"Lloyds is celebrating a return to profit and there are hints of dividend payouts to shareholders but the bank's workers are in constant fear that they will be next for the chop.
"This is no way to treat staff. It's time to urgently review this continuous tide of cuts and build the bank's strength."