Lloyds Banking Group to axe another 650 jobs

LLOYDS Banking Group is to shed a further 650 jobs, it has confirmed.

Insurance and back office-based staff in Nottingham and Chester would bear the brunt of the latest cuts, the bank said.

It will also close its network of Halifax-branded agencies which are "no longer integral to its business model".

Cath Speight, Unite national officer said: "The announcement that more jobs will be cut from across The Lloyds Banking Group is extremely alarming."