U-Turn Offers Late Ray of Hope for 900 C& G Staff

Summary


More than 900 employees at Cheltenham & Gloucester were given a ray of hope yesterday, after its owner Lloyds said it had changed its mind on plans to close the branch network in November.

But the future of the mortgage and savings group was uncertain, with Lloyds Banking Group refusing to give details of what would happen to jobs and branches further in the future.

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Extract


U-Turn Offers Late Ray of Hope for 900 C& G Staff

Lloyds said it would review the plans announced in June to close all 164 C& G branches, which includes dozens in the...

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