May 15, 2023 | All Members
As a direct result of our previous Newsletter highlighting that it took staff 20 minutes to evacuate the building at 125 London Wall following a fire alarm on the 12th January 2023, Lloyds carried out a controlled fire evacuation on 29th March 2023. The result was...
May 11, 2023 | All Members
Yesterday’s communication from Sharon Doherty, People and Places Director, was full of the usual management hyperbole as she told staff that Lloyds has been doing some “fantastic work” on flexibility in “fantastic offices” and that “we are excited”. The comment that...
May 10, 2023 | All Members
Unite and Accord are telling their members that they are holding urgent talks with the bank following Charlie Nunn’s recent announcements on hybrid working and compressed working hours. Lloyds may change its position but it won’t be because of anything Accord or Unite...
May 4, 2023 | All Members, Pensions
Lloyds made a total of £2.2bn of pension scheme deficit reduction contributions in 2022. Those contributions were made to the group’s three main defined benefit (DB) pension schemes. Fixed deficit reduction contributions of £800m were paid in full during the first...
May 1, 2023 | All Members
Some members will be happy to return to office working, particularly on a hybrid basis. The biggest danger for those who don’t want to or can’t is that, outraged by what Lloyds is demanding, they repudiate their contracts of employment by refusing apparently...
Apr 28, 2023 | All Members, Pensions
A few weeks ago, the Bank launched its new redundancy policy, which will see payments slashed for those staff who refuse the offer of a ‘reasonable’ alternative role (as defined by the Bank of course) or reskilling opportunity. Lloyds has now announced –...
