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Uncertainty for 9,000 bank staff

Wednesday February 8th 2012

More than 9,000 banking jobs hang in the balance, as Lloyds has announced it is shedding positions and the owner of Clydesdale and Yorkshire banks put its UK operations under review.

The decision by Lloyds Banking Group to axe 990 jobs and close offices in Romford, Newcastle upon Tyne and Scunthorpe has been met with fury from unions. Meanwhile 8,300 staff at Clydesdale and Yorkshire banks anxiously await news from their Australian owner.

Lloyds is to scrap the jobs as part of its previously-announced strategic review.

Accord union's general secretary Ged Nichols said: "Today's confirmation that Lloyds Banking Group (LBG) is to shed nearly 1,000 more jobs on top of the 30,000 that have been lost since the Halifax Bank of Scotland Group was taken over just three years ago is devastating news for the employees who will be affected and the communities in which they live.

"Newcastle, Romford and Scunthorpe are areas that cannot afford to lose the high-quality jobs that will go as a result of today's announcement."

Copyright Press Association 2012

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