Bloomberg News

Lloyds, RBS to Eliminate Total of 1,764 U.K. Jobs, Union Says

March 13, 2012

Lloyds Banking Group Plc (LLOY) and Royal Bank of Scotland Group Plc (RBS) are to eliminate a total of 1,764 jobs in the U.K., according to trade union Unite.

Lloyds will cut 1,300 jobs and RBS the remainder, Unite said in an e-mailed statement today.

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


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