Lloyds plans further job cuts after Brexit
Chief executive expects growth slowdown to hit bank
Lloyds Banking Group is to cut an additional 3,000 jobs and a further £400m of annual costs, as Britain's largest mortgage lender attempts to stave off a Brexit-induced earnings slump.
Pre-tax profit, excluding once-off items, fell to £4.16 billion in the first half of the year, from £4.27 billion a year earlier, it said in a statement. That beat the £4.06 billion average estimate of analysts surveyed by Bloomberg News.
A potential economic ...
