Another 110 Workers to Lose Their Jobs at Lloyds ; Banking Giant Under Fire As Redundancies Continue

Summary


MORE than 100 staff working for the newly-created Lloyds bank in Bristol were told they are to lose their jobs yesterday.

The announcement came as the banking giant - formed as a result of the Pounds 12-billion merger between Lloyds TSB and HBOS - revealed it is to make a further 1,200 redundancies across the country.

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Extract


Another 110 Workers to Lose Their Jobs at Lloyds ; Banking Giant Under Fire As Redundancies Continue

The partly state-owned bank has been forced to make savings of at least Pounds 1bn as a result of the controversial takeover.

More than 8,0...

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