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PPI Claim News - 22/1/2010

Loan Claim: Lloyds to axe personal loan centres

Britain's largest mortgage lender Lloyds Banking Group (LBG) has announced it is to close all 58 of its consumer loan centres, axing almost 600 jobs nationwide.

The latest job losses come after a string of redundancies at Lloyds TSB following its doomed acquisition of financially stricken bank HBOS.

Redundancies have already fuelled anger with the public and trade unions who are annoyed that the 43 per cent taxpayer-owned bank is drastically decreasing its workforce.

A senior official for the UK's biggest trade union Unite said they are urging the banking group not to plough ahead with the redundancies.

Rob MacGregor said: "Unite is warning the LBG not to repeat their approach in 2009, where staff faced death by a thousand cuts as weekly announcements of job losses were made."

Since January 2009 LBG has dropped over 15,000 employees. The latest cut-backs will affect over 455 staff at the consumer loan centres with a further 130 positions closing in their retail divisions.

In a statement LBG said compulsory redundancies would be a "last resort" if other methods failed.

For help making a PPI Claim, Loan claim, PPI reclaim, or a credit card charges claim then call Belmont on 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim form, Loan Claim form, PPI reclaim form or credit card charges form.ADNFCR-2776-ID-19573340-ADNFCR

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