Sep 9, 2021 | All Members, COVID-19
The bank has now said that 80% of staff will be working from home in hybrid ways and that the “transformation to new ways of working will begin in Q4”. We’re told that the new ways of working are a key focus for the Group Executive Committee and no doubt Charlie Nunn,...
Sep 1, 2021 | All Members, GMP Court Case
Well, not quite. One of the things we have missed most during the pandemic and various lockdowns across the UK, other than family and friends of course, has been our annual holidays. Many members will have already been on their 2-weeks holiday or may be reading this...
Aug 25, 2021 | All Members
Lloyds has now confirmed what we recently reported in a Newsletter regarding the roll out of Thought Machine’s Vault technology across the Group. At a recent meeting William Chalmers, Chief Financial Officer, said that: “In the first half of the year, we safely...
Aug 20, 2021 | All Members
In his recent presentation to analysts, William Chalmers, Chief Finance Officer, said on Group Profit Share (GPS) that: “We do want to recognise colleagues, given the fact that we paid no bonus last year, we want to recognise to colleagues that things are proceeding...
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...
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...