Lloyds to axe another 5,000 jobs
Updated on 10 November 2009
Lloyds Banking Group is to axe thousands of jobs next year in a fresh wave of cuts under plans to reduce costs, sources have said.
Up to 5,000 positions are expected to be cut in the UK in 2010, on top of thousands already slashed this year.
The bank is expected to make an announcement confirming the job losses later on Tuesday.
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