Lloyds set to axe 15,000 more jobs

Lloyds Banking Group is expected to signal thousands more job cuts tomorrow as part of a drive to save an extra £1bn (€1.1bn) a year in costs.

The UK taxpayer-backed lender is reportedly looking at up to 15,000 job losses - though it is unclear whether new chief executive Antonio Horta-Osorio will give a specific figure.