Rob McGregor: C&G Closure Was "Ill-Considered"

Lloyds Banking Group has said it will review its decision to close its Cheltenham & Gloucester (C&G) subsidiary.

They had announced in June that all 164 C&G branches across the UK would close with the loss of 833 jobs, but that decision may now be reversed.

"Unite is satisfied that the Lloyds Banking Group has finally acknowledged that the decision to close the Cheltenham and Gloucester branch network was ill-considered," said the union's national officer Rob MacGregor. "Today's announcement comes with no warning and will make the workforce wonder whether their bosses have any long-term strategy for the future of the bank".

Unite said it was now calling for an urgent meeting with Lloyds "in order to get clarification as to the format and timescales of the review".