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Foreign news: Lloyds cuts job numbers again

29 July 2016 3:55PM
Lloyds Banking Group is cutting 3000 jobs and closing 200 branches, The Guardian reports. In October 2014 the bank, which employs 75,000 people, announced that it would cut 9000 jobs over three years. The latest cuts come on top of that. Branch closures will reach a total of 400. With UK interest rates expected to go lower, the bank is forecasting weak trading conditions.

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