The Cost Of Doing Business

Just before Easter, Lloyds announced the closure of 39 more branches across the Lloyds, Halifax and Bank of Scotland Networks. At almost exactly the same time, Barclays and NatWest announced that they were also closing more branches. It can’t just be coincidence that...

Mr Nunn’s Remuneration Enumerated

Ms Harriett Baldwin MP, Chair of the Treasury Select Committee, recently wrote to Mr Charlie Nunn, Lloyds Banking Group Chief Executive, regarding how his pay and bonus package was linked to the performance of the Group. The clear implication of her letter was that...

Judge & Jury

The job security appeal for a member of staff who’s refused the bank’s offer of a ‘reasonable alternative’ role is being heard by the same local HR management that is trying to force him into the role in the first place. When it launched the new redundancy policy, the...

Who Is Responsible For Customers?

In a previous Newsletter, we reported that Lloyds had got rid of its Fire Marshals with effect from 1st January 2023 following an agreement with its in-house staff unions – Accord and Unite. According to the new policy, it would be everyone for themselves when it...

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