More jobs to go at Lloyds Banking Group

Published on

By Kevin Rose

Lloyds Banking Group is to cut 200 jobs in its general insurance division by the end of January 2010.

The banking group, 43% state-owned, is to merge a number of functions of Lloyds TSB and HBOS General Insurance.

The main locations affected are in Wales and Yorkshire.

Last month it announced plans to cut 1,200 jobs in its group operations and insurance business, taking the total number of redundancies announced since its ill-fated takeover of HBOS to over 8,000.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

News

Landbay adds 11 tracker products and cuts rates by up to 15bps

Landbay has expanded its buy-to-let tracker range with 11 new products and reduced rates...
Brokers

Howden expands in North Wales with Wrexham office

Howden has opened its first commercial insurance office in Wrexham as the broker expands...
Homebuying

UK buyers reluctant to compromise despite affordability pressures

UK homebuyers remain committed to purchasing a property but are less willing than buyers...
Buy-to-let

Keystone trims buy-to-let fixed rates by up to 15bps

Keystone Property Finance has reduced pricing across a number of its buy-to-let mortgage ranges,...
Building Societies

Saffron expands expat landlord range and eases residential income criteria

Saffron for Intermediaries has broadened its specialist mortgage criteria with new expat HMO products...

Latest publication

Other news

News

Landbay adds 11 tracker products and cuts rates by up to 15bps

Landbay has expanded its buy-to-let tracker range with 11 new products and reduced rates...
Brokers

Howden expands in North Wales with Wrexham office

Howden has opened its first commercial insurance office in Wrexham as the broker expands...
Homebuying

UK buyers reluctant to compromise despite affordability pressures

UK homebuyers remain committed to purchasing a property but are less willing than buyers...