Interested In The Lloyds Vacant Roles? Read this First!

This week Lloyds sent out ‘invitations’ to staff to apply for three roles in: Customer Financial Assistance Motor Finance and Leasing Mortgage and Protection Advice. Members may be attracted by one or more of these roles but should go into them with their eyes wide...

RPI Challenge Begins In High Court

The BT, Marks and Spencer and Ford UK pension schemes began their legal challenge yesterday to the government’s decision to replace the Retail Price Index (RPI) method of calculating inflation with the housing cost-based version of the Consumer Price Index known as...

Bank Unpicks Embarrassing Pay Deal

The one-off payment of £1000 to all Lloyds staff in grades A-G is to be welcomed but why didn’t the bank just negotiate a proper pay deal which could have dealt with the cost of living crisis once and for all. We’ve been telling it for months about the cost of living...

Too Little, Too Late

It’s ironic that almost to the day the worst pay deal in living memory became effective, Accord started talking about the cost-of-living crisis, inflation and the bank’s profits. It now says it wants the bank to “make a one-off discretionary payment”. Does Accord not...

Return Of The Whiteboards

In the rush to achieve Charlie Nunn, the Group Chief Executive’s demanding growth targets we are beginning to see some of the old-style sales techniques – like the use of ‘whiteboards’ to track individual and peer group performance – beginning to creep...

Back to the Future

Charlie Nunn, Group Chief Executive, is shaking up the bank and getting rid of those executives whose faces don’t fit any more. Matt Sinnott, the ex-People and Property Director, had a discussion with Charlie Nunn and it was agreed that he would leave. The bank’s...

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