Thursday, July 16, 2009

The (leaving) party just never stops …

Lloyds axes 1,200 more jobs

Banking giant Lloyds was accused of "betraying" the taxpayer today after plans were revealed to cut another 1,200 jobs. Unite said it was "Groundhog Day" because of the number of job loss announcements made by the company, estimating 8,200 staff had now been told they were losing their jobs this year. The union called for a freeze in the expansion of work done abroad by the bank because of the "uncertain future" faced by UK employees...

Posted by mark wadsworth @ 12:08 PM (1127 views)
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3 thoughts on “The (leaving) party just never stops …

  • “National officer Rob MacGregor said: “The 1,200 job losses announced today show the betrayal of taxpayers’ support to maintain Lloyds Banking Group. ”

    Really! So taxpayers money was used to maintain jobs in the Lloyds Banking Group was it? So why not pump billions to maintain jobs in the building sector too and the automobile sector while we are at it.

    I feel for people losing their jobs but Mr Rob MacGregor is wide of the mark here and providing nothing more than a feeble attempt to get the tax payer onside.

    I feel for those losing their jobs but billions of taxpayers money was not used to maintain the employment of Mr MacGregor’s members.

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  • Not long ago, the high street only had four banks – Barclays, Midland, Lloyds and Nat West. We have far too many off them now and the economy is calling for a cull. There is no point fighting it. When you consider that this is also the age of internet banking, I wouldn’t be surprised if more that 50% of bank braches shut down over the next few years

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  • peeping tom says:

    There was the TSB remember, when it was independent? Also a building society called Cheltenham & Gloucester.

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