Lloyds to axe 170 retail jobs

These job losses form part of the reductions previously announced in the group's strategic review. All affected employees were briefed by their line manager yesterday. The group's recognised unions, Accord and Unite, were consulted prior to this announcement and will continue to be consulted. Lloyds Banking Group said in a statement: "We are committed to working through these changes with employees in a careful and sensitive way. "The group's policy is always to use natural turnover and to redeploy people wherever possible to retain their expertise and knowledge within the group. ...