Lloyds Banking Group is planning a further 850 job cuts and the closure of a large office in Essex. The bank said more than 600 jobs would go when an office in Southend shuts, with the remainder going in its commercial and insurance operations. Lloyds, which has announced 2,750 job losses this year, said it would look for voluntary redundancies, with compulsory cuts "as a last resort". But the Unite union said it was "no way to treat staff". The bank said in a statement: "Lloyds Banking Group is committed to working through these changes with employees in a careful and sensitive way.....Read more here