More than 2,500 jobs at risk in Lloyds shake-up

Exclusive: UK's largest high-street bank preparing review of middle-management roles in response to expected income squeeze

More than 2,500 jobs are at risk at Lloyds Banking Group, which is poised to become the latest financial institution to announce cost cuts, the Guardian can reveal.

Britain's largest high street lender is understood to be considering axing a series of middle-management roles including analyst and product management posts as part of a consultation that is expected to be shared with staff next week.