British bank Lloyds says it will axe up to 1,660 more jobs

LONDON: Britain's state-controlled Lloyds Banking Group said on Tuesday that it would shed up to 1,660 more jobs and close its Cheltenham & Gloucester retail branches.

LBG said in a statement it would shut its network of 164 C&G branches, resulting in the loss of 833 jobs, while up to 928 other positions would be slashed elsewhere.