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03 February 2021

Job losses in Lloyds Banking Group

Lloyds Banking Group has announced changes resulting in the loss of 190 roles.

The restructuring primarily affects operations on the Isle of Man, Client Products in Commercial Banking and Customer Services Operations.

The job losses will be managed through the joint agreement between Lloyds Banking Group and Accord on redundancy policy and compensation.

Accord’s General Secretary, Ged Nichols, said:

"“Our immediate concern is for the union members who are at risk of redundancy. We’re contacting them today to offer advice and support.” "

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