Lloyds Bank did not blame Brexit for it slashing branches it was the media that lied

On 28th July Lloyds Bank (LLOY) published decent enough interim results, hiked its payout by 13%, and announced that it was closing an additional 200 branches and firing 3000 banksters by the end of 2017. Naturally the BBC led the media in blaming Brexit for the job losses even though that was not what Lloyds stated at all. This is quite remarkable spin and lies from the left wing press and BBC. I see that, in some quarters, Lloyds stands accused of using Brexit as an excuse for cost cutting, that is wholly unfair.

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