Bloomberg News

Lloyds Banking to Cut 990 Jobs in U.K., Close Four Offices

February 07, 2012

Feb. 7 (Bloomberg) -- Lloyds Banking Group Plc, Britain’s biggest mortgage lender, is to close four offices in the U.K. with the loss of 990 jobs. The cuts are part of the 15,000 announced last year, the London-based bank said in a statement today. Lloyds hopes to redeploy some people, the company said.

To contact the reporter on this story: Gavin Finch in London at gfinch@bloomberg.net

To contact the editor responsible for this story: Jon Menon at jmenon1@bloomberg.net


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