Unite has hit out at Lloyds Banking Group's decision to offshore 190 IT jobs.

The union notes that in addition to IT offshoring, the bank has also announced recent job losses in human resources and the Halifax branch network, meaning that it has axed over 31,000 positions since its creation in 2009.

Unite national officer, Dominic Hook says: "Since 2009 Lloyds has slashed a quarter of its workforce. It is a complete disgrace that the bank, which is 41 per cent owned by the taxpayer, continues to cut jobs in such a cavalier way."

"The bank is even offshoring another 200 IT jobs. In the middle of an economic crisis, a bank part-owned by the public, should be keeping jobs in the UK, not exporting them abroad. Unite is calling for an urgent meeting with UKFI to demand Lloyds stops offshoring and cutting jobs within the group," he adds. "Unite has warned Lloyds Banking Group that if they are looking for a period of stability and growth to return it to profitability, this cannot and will not be achieved by continuous and damaging job cuts. Unite opposes these cuts and will be doing everything possible to stop compulsory redundancies."

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