Staff told of consultations yesterday

Lloyds Banking Group has confirmed that 70 insurance jobs are at risk in Newport after a restructure, the BBC reports.

The staff were told of the consultations yesterday.

The group employs about 900 staff at its Tredegar Park office, and Lloyds said some staff could find other roles within the company.

The news comes after the company announced 200 job losses across the UK, mainly in its insurance division.

Unite national officer David Fleming has called for Lloyds chief executive Antonio Horta-Osorio to stop the cuts.

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.