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Lloyds to seek London office in cost-saving drive

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Pedestrians passing along St Mary Axe against a backdrop of the Lloyds of London building (centre). The bank plans to lease about 100,000 sq ft of office space in the City of London financial district.

London

LLOYDS Banking Group is in talks to lease a new London office with room for about 1,000 workers in an effort to consolidate its locations in the capital and help save 100 million pounds (S$178 million), two people familiar with the plan said.

The UK bank is in discussions

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