Being made redundant is often life changing. Although it comes with some difficulty, it also comes with an opportunity for new beginnings. There are a number of things to consider before taking your next step.

What you need to know

Being made redundant can knock your personal and financial plans off course. Understanding your rights and options can help you take practical steps to get back on track.

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How to manage your finances

Losing your job could lead to significant financial uncertainty. If you are facing the threat of redundancy, or have recently been made redundant, assessing your financial priorities can be a good way to regain stability and control.

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Important legal information

Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278. Authorisation can be checked on the Financial Services Register at www.fca.org.ukVisit the Financial Conduct Authority website. Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). We subscribe to the Lending Code; copies of the code can be obtained from www.lendingstandardsboard.org.ukVisit the Lending Standards Board website.

Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065.

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