This move follows the bank’s plans highlighted in the redundancy programme announced in its 2015-2017 strategy and is the latest of a series of cuts to its legal department. This time last year a number of junior lawyer roles went and in April 2015, 25 lawyers from its litigation team were made redundant. In total the bank axed 1,755 jobs in 2016 after Lloyds announced in October 2014 that it would cut 9,000 jobs and shut 200 of its branches over three years.

Staff consulted

The company said that all affected employees had been briefed by their line manager and that unions Accord and Unite were being consulted and that cumpulsory redundancies would always be a last resort.