Lloyds Banking Group has announced the closure of 29 branches across several of its brands, including 19 Lloyds, seven Bank of Scotland and three Halifax.

The closures come alongside the loss of 1,755 jobs as part of cost-cutting measures for the group, which operates a number of brands.

In October 2014 chief executive Antonio Horta-Osorio announced a reduction of around 9,000 roles, and officials at trade union Accord said the latest announcements only take the group to 60% of that, so more are to come.

Accord said it is working with affected members and will do everything possible to avoid compulsory redundancies

Accord said it is working with members affected by the news and will do everything possible to avoid compulsory redundancies.

According to the union, the bank has said it will create 170 new jobs, taking net job losses to 1,585.

Cuts affect Lloyds Group’s retail sector, including Lloyds, Halifax, and Bank of Scotland, and include a reduction in assistant branch manager roles.

Accord said the latest announcements follow job cuts announced in November, which saw the closure of 46 branches across the group’s three brands.

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Ged Nichols, general secretary of Accord, said: “The job security situation in UK banks is getting ever more difficult.

“Staff in Lloyds Banking Group have been living with this worry since 2009 and the job losses aren’t over yet.”

“We and Lloyds Banking Group have a good record of managing these issues through turnover and voluntary redundancy but it gets progressively more difficult.”

The latest cuts include the closure of 19 Lloyds branches

Accord said it was concerned that further reductions in staffing levels could exacerbate existing problems like security, key holding, absence etc.

It said: “There comes a point where it is not possible to achieve more with less; only less can be achieved with less.”

The union said it would be trying to make sure that the ‘agile’ way of working the bank needs comes with policies like flexible working and travel time.

“We believe that colleagues should not have to sacrifice their work/life balance in order to retain their jobs,” it said. 

“Accord will offer the highest standards of advice and information to colleagues who have any unreasonable demands placed upon them as a result of the planned changes.”