On Air Now

Mark O'Sullivan

3:00pm - 7:00pm

Lloyds Banking Group to cut over 1,000 jobs 

You are viewing content from Fosse 107 Loughborough. Would you like to make this your preferred location?

There are branches of the bank in Hinckley, Loughborough, Coalville and Nuneaton.

Lloyds Banking Group have announced that they are going to cut around 1,600 jobs.

A Lloyds Banking Group spokesperson said: “As more customers choose to manage their day-to-day banking online, it’s important our people are available when it matters most. We’re introducing a number of new roles and making changes to our branch teams so our customers can see us how and when they want to.”

There are branches of the bank in Hinckley, Loughborough, Coalville and Nuneaton.

The bank says that only 8% of customers choose to use a branch exclusively to manage their money.

They will be introducing new roles in the Consumer Relationships business which means there will be an overall net reduction of 769 jobs.

There will be no role reductions for the most junior colleagues and voluntary redundancy will be offered in some situations.

More from Local News

5 Day Forecast

  • Thu

    Low-level cloud

    22°C

  • Fri

    Light rain

    21°C

  • Sat

    Sunny intervals

    23°C

  • Sun

    Mist

    19°C

  • Mon

    Sunny intervals

    20°C

On Air Now and Next

  • Mark O'Sullivan

    3:00pm - 7:00pm

    Mark gets you home with the latest travel.

  • Dave Shepherd

    7:00pm - Midnight

    Dave has the perfect playlist for your evening.

Recently Played

Follow us on Social Media