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Lloyds to shut Liverpool office

Lloyds Banking Group will shut its office in Liverpool later this year, saying the decision comes as part of broader plans to run “fewer, better-equipped” offices as it looks to cut costs. While Lloyds has not cut jobs as part of the closure, it will impact the site’s 500 staff. Around 420 staff will move to the bank’s Chester office while 80 others are working remotely or will be based out of office. The lender also announced that its Dunfermline office is set to close. About 1,500 people work at the office, and they will be asked to either work from home, or relocate to Edinburgh. A Lloyds spokesperson said: “In line with our commitment to enhancing our property estate, we are creating fewer, better-equipped, modern and sustainable offices to suit the future of our business.”

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