Lloyds Banking Group to Close Speke Office

Lloyds Banking Group has announced the closure of its office in Speke, Liverpool, impacting approximately 500 staff members, as part of a strategy to operate 'fewer, better-equipped' offices while cutting costs. The bank has stated that it will not cut jobs during this closure, but around 420 employees will need to relocate to the Cawley House office in Chester, while 80 others will work remotely. Union representatives, including Unite national officer Dominic Hook, have criticized the decision, calling it a 'huge mistake' and expressing concerns over the increased commute for affected employees. Additionally, Lloyds plans to close its office in Dunfermline, Scotland, leading to similar job impacts amid broader restructuring efforts. The bank aims to transform its operations and enhance customer service, having previously announced significant job cuts across its branch network. As these changes unfold, the union is prioritizing support for impacted employees and minimizing compulsory redundancies.