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Sandie Seward

Lloyds Car Finance Group to axe 985 jobs.

Lloyds Banking Group is to cut 985 jobs over the next two years, the company has confirmed.

The jobs will go at a business offering car finance, which a review found was "no longer financially viable".

The banking group, which is 43% owned by the government, said 200 jobs in Speke, Merseyside, could be affected, along with 340 jobs in Chester.

It hopes as many jobs as possible will go by natural turnover rather than natural wastage.




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