FCA Gets Powers To Stop Branch Closures?

Aug 18, 2021 | All Members

The Financial Conduct Authority (FCA) is considering introducing new rules which would give it the power to stop banks from closing branches. It is estimated that since the pandemic began, some 529 branches have been earmarked for closure. In June, Lloyds said that it...

‘Spooky Action At A Distance’

Aug 3, 2021 | All Members

What is the significance of the bank announcing that it is diluting a key part of the Lloyd’s job security policy but not implementing it until 1st January 2024? What’s happening in 2024? We’ve always worked on the basis that whenever the bank says it wants to change...

“Return Is Voluntary Over The Summer”

Jul 21, 2021 | All Members, COVID-19

That’s what Matt Sinnott, Group People & Property Director, said recently. The clear implication of his statement was that after the summer holidays, return to offices – in some form – will become compulsory for Lloyds Banking Group staff. In his...

Facts Are Stubborn… Statistics Are Pliable

Jul 15, 2021 | Advance

Pensioner members will recall that on the 25th November 2020, HM Treasury and the UK Statistics Authority published their response to the consultation on the reform of the Retail Price Index (RPI). The so-called reform, if implemented, could result in millions of...

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