Britain's Lloyds axes further bank branches
Lloyds Banking Group will close a further 28 branches in Britain this year, just two months after axing 60 outlets, in a move that has drawn criticism from employee union Unite. Banks across the industry have made deep cuts to their branch networks in recent years, which they say are necessary to respond to growing demand for online services. "Branch visits have been falling significantly for several years now, and this trend is continuing," said Vim Maru, group retail director at Lloyds, in a statement.
Source: aol.com
