Lloyds to let customers use Halifax and BoS branches, raising job cut fears

Account holders at the group’s three brands will be able to use any of their locations, but unions fear site closures

Lloyds Banking Group will allow customers to use any of its Halifax, Bank of Scotland and Lloyds branches as part of a shake-up that has sparked fears of job cuts and site closures, weeks before a strategy update by its chief executive, Charlie Nunn.

A memo circulated to staff earlier this week explained that customers would be able to conduct their in-person banking at branches of any of the group’s three brands, regardless of which of lender they held accounts with.

Continue reading...