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Lloyds cuts 550 jobs

Lloyds Banking Group has been attacked by the Unite union after announcing a further 550 job cuts on top of 1,340 job losses announced in January.

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Lloyds attacked over new job cuts

Lloyds Banking Group came under attack today after announcing a further 550 job cuts. Unite said the cuts were on top of 1,340 job losses announced in January.

Lloyds cannot continue to cut now then ask questions later. It's madness that the bank has so many agency workers when it's cutting so many permanent jobs.

Lloyds is looking for a period of stability and growth but it won't be achieved by continuous and damaging job cuts.

The bank must put an end to mass redundancies and instead foster job security, pay workers fairly and concentrate on customer service.

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