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Lloyds Banking Group to axe 500 jobs
3 Jun 2009The finance industry was hit with a fresh jobs blow today when staff were told that Lloyds Banking Group was to axe more than 500 posts and close one of its sites.
The Accord union described the job cuts as "devastating" and said every effort should be made to avoid compulsory redundancies.
A former Halifax processing centre near Chatham in Kent will close with the loss of 210 jobs, 30 jobs will be lost in London and a similar number in Birmingham, while the rest will be spread across the country, said the union.
