The finance union UNIFI described the announcement of 270 job losses within Asset Finance, the finance house arm of Lloyds TSB, as "callous and uncaring". Asset Finance employs around 270 staff in its offices in Holdenhurst Road, Bournemouth. It plans to close the site and shed the jobs by the end of this year.
UNIFI will campaign against the closure and will seek the support of the local community and MPs. Meetings will be held with members to decide what course of action they would like to take. A ballot for industrial action will not be ruled out.
