Demand for no compulsory redundancies as Lloyds axes a...

Demand for no compulsory redundancies as Lloyds axes a further 645 jobs

21 May 2014

Britain’s largest union, Unite demanded guarantees of no compulsory redundancies following today’s (Wednesday 21 May) announcement by Lloyds Banking Group that it planned to cut a further 645 jobs and close its Warrington telephone banking centre.

Over 2,400 jobs have gone at the taxpayer bailed out bank since the start of the year leading to plummeting staff morale. Of the 645 job losses half will result from the Warrington site’s closure by the end of 2014, in a move Unite branded as ‘unjustified’ and a ‘bad deal’ for customers. The majority of the remainder will be cut from the group’s wealth business and HR function.

The news comes as a further blow to staff at the Warrington centre, many of whom have faced the uncertainty of redundancy and redeployment in recent years following the closure of sites in Manchester and Chester.
Commenting, Unite national officer Rob MacGregor said: “This is the third tranche of job losses since the beginning of the year and is in danger of sending staff morale to an all time low.

 “The closure of the Warrington centre will hit the local economy and risks damaging customer service.
“Lloyds staff have worked hard since it was bailed out by the taxpayer to make the bank a success. Their reward has been continual uncertainty and attacks on their pensions. 

“Lloyds needs to give its workforce stability and guarantees of no compulsory redundancies. Only then will the bank be able to live up to its motto to ‘Make Britain Prosper’.”


For further information please contact Unite head of media and campaigns Alex Flynn on 020 3371 2066 or 07967 665869.

Twitter: @unitetheunion Facebook: unitetheunion1

Notes to editors

•    Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.