Mar 11, 2025 | All Members, Pay
It seems that the person with the largest basic pay increase in Lloyds this year will be Mr. Charlie Nunn. No, not the Charlie Nunn who works at the Lloyds branch in Bedale, North Yorkshire. but the tie-less hipster who works in Gresham Street. Mr Nunn’s basic salary...
Mar 7, 2025 | All Members, Redundancies
In a recent interview with ‘The Stack’, Mr Ron van Kemenade, Group Chief Operating Officer, Lloyds Banking Group (LBG), said: “Arguably Lloyds biggest issue when he joined was a lack of in-house technology talent: “Most engineering work had been outsourced,” he...
Feb 14, 2025 | All Members, Pay
Accord and Unite made much of their 2 year pay deal when it was announced back in 2023. That deal was worth 4% for grades A-E and 3.5% for grades F and G for 2024 and 2025. Accord recently said it had: “Secured pay increases for 2025 at more than twice the current...
Feb 13, 2025 | All Members, Redundancies
Another day, another round of redundancies in Lloyds Banking Group! 142 staff in Risk, 36 in Business and Commercial Banking, 135 in Consumer Growth and more in Transport are at risk of being made redundant over the next few months. In respect of mortgages, falling...
Feb 6, 2025 | All Members, Redundancies
Lloyds has announced that over 300 staff are at risk of redundancy following the announcement of major changes to its businesses under Platform 3.0. Last October we said that Lloyds was up to no good when it introduced mandatory testing for the Engineering,...
Jan 31, 2025 | All Members, Branch Closures
In a previous Newsletter we said the co-serving of customers would allow Lloyds to close 233 branches at the drop of a hat. Lloyds announced yesterday that it was closing 136 branches. We expect it will announce further closures later in the year. Lloyds has said...
