Lloyds to close second UK office and cut roles as part of major shake-up

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Lloyds has announced a series of major changes across the banking group which will see more than 1,000 roles impacted as it accelerates plans to cut costs and digitise the bank. Making changes means not only creating new roles and upskilling colleagues in some parts of the business but also having to say goodbye to talented people who have been a part of the group’s success in the past Lloyds Banking Group Hundreds of roles will be removed, while new ones will be created as part of the overhaul. “Our priorities are to ensure compulsory redundancies are minimised and that members who will leave the business receive the full redundancy compensation they’re entitled to under union agreements.” Lloyds also announced it would be permanently closing its office in Dunfermline, Scotland next year. “Making changes means not only creating new roles and upskilling colleagues in some parts of the business but also having to say goodbye to talented people who have been a part of the group’s success in the past.