ITV News' Consumer Editor Chris Choi has spoken to Lloyds Banking Group about the 1,008 job losses announced today:
Lloyds job losses part of 15,000 reductions announced at 2011 Strategic Review - now 11,760 jobs now gone in total
Lloyds tell me more than 500 of the role going today are "Relationship Managers" for small businesses
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The company posted a 63.5% plunge in bottom line pre-tax profits to £176.4 million on a comparable 52-week basis.