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Lloyds announce Southend closure

Lloyds Banking Group has announced it is to close its office in Southend putting up to 690 jobs at risk. The bank is also cutting another 160 jobs across wider operations.

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Unite: Lloyds Banking Group to axe 850 jobs

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:

"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."

– Dominic Hook, National officer for union Unite

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