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| Lloyds Bank 'to shed 400 posts' | Lloyds Bank 'to shed 400 posts' |
| (10 minutes later) | |
| Lloyds Banking Group is to cut 400 jobs as it closes all 58 of its Black Horse personal loan centres, a union says. | |
| The Unite union said that another 185 posts were at risk. | The Unite union said that another 185 posts were at risk. |
| Unite said it was "deeply disappointed" by the decision and warned the bank not to repeat their approach of 2009 of mass job cuts. | Unite said it was "deeply disappointed" by the decision and warned the bank not to repeat their approach of 2009 of mass job cuts. |
| "The strategy last year has had a devastating effect on staff and created job insecurity for most colleagues," Unite said. | "The strategy last year has had a devastating effect on staff and created job insecurity for most colleagues," Unite said. |
| Lloyds announced thousands of job cuts last year as it tried to reduce costs following its merger with HBOS in 2008. | Lloyds announced thousands of job cuts last year as it tried to reduce costs following its merger with HBOS in 2008. |