More bank jobs axed in Yorkshire

COPLEY in West Yorkshire has been named by the union Unite as one of the sites to suffer job losses at banking giant Lloyds.

The part-nationalised group has now axed 26,200 jobs, and the new cuts are part of its “ongoing integration programme”.

A statement said: “Lloyds Banking Group is committed to working through these changes with employees in a careful and sensitive way.

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Unite said the job losses will be from group operations, general insurance and wholesale, in Copley, Chester, Leicester, Edinburgh, Newport, and Shannon.

The banking group said: “All affected employees have been briefed by their line manager. The group’s union partners were consulted prior to this announcement and will continue to be consulted throughout the process.

“Where it is necessary for employees to leave the company, it will look to achieve this by offering voluntary severance. Compulsory redundancies will always be a last resort.

“The overwhelming majority of role reductions has been achieved through redeployment, natural turnover, closing vacancies, expiry of temporary contracts and voluntary redundancy.”

David Fleming, national officer of Unite, said: “Unite is calling on the new boss of Lloyds Banking Group, Antonio Horta-Osorio, to step in and stop these 200 jobs being cut.”

It is inexcusable that, while he is one of the best-paid executives in Britain with a pay package of £8.3 million a year, staff earning an average salary of less then £20,000 are joining the dole queues