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| Version 0 | Version 1 |
|---|---|
| Lloyds to cut another 1,200 jobs | Lloyds to cut another 1,200 jobs |
| (10 minutes later) | |
| Lloyds Banking Group is to cut a further 1,200 jobs, taking the total job losses for the year to 8,200. | Lloyds Banking Group is to cut a further 1,200 jobs, taking the total job losses for the year to 8,200. |
| The jobs will mostly go in IT support and in insurance services following the merger of its Scottish Widows and Clerical Medical businesses. | The jobs will mostly go in IT support and in insurance services following the merger of its Scottish Widows and Clerical Medical businesses. |
| Lloyds, which is 43% owned by the taxpayer, said 370 of the jobs are currently filled by temporary staff. | Lloyds, which is 43% owned by the taxpayer, said 370 of the jobs are currently filled by temporary staff. |
| Separately, it has created 180 new jobs. Lloyds said it had created a 1,200 new roles since January. | Separately, it has created 180 new jobs. Lloyds said it had created a 1,200 new roles since January. |
| Scotland will lose 220 jobs, West Yorkshire 300, and Bristol 110. | Scotland will lose 220 jobs, West Yorkshire 300, and Bristol 110. |
| The Unite union called it a "groundhog day", referring to the regularity of job loss announcements the banking giant has made in the past few months. | |
| "Unite views the weekly cull of jobs as a disgraceful approach by this taxpayer supported financial institution," the union said in a statement. | "Unite views the weekly cull of jobs as a disgraceful approach by this taxpayer supported financial institution," the union said in a statement. |
| Lloyds said it was "committed to working through these changes with colleagues carefully and sensitively". |