Mar 11, 2021 | All Members
In his last presentation to investors, Mr Antonio Horta-Osorio said: “I will be leaving the bank in a better position than when I joined, which should be the purpose of any CEO”. We’ll discuss that below in more detail but he’s certainly leaving the share price...
Mar 10, 2021 | All Members
What’s become clear on the back of Accord’s membership drive in Connect, is that in exchange for getting access to staff to persuade them to join the union, it’s also agreed that the rights of Lloyds’ non-signers to protect their working hours should be ignored as...
Mar 9, 2021 | All Members
Lloyds staff who have signed up for the new Connect telephony teams are being dragooned into ‘compulsory’ Accord recruitment seminars this morning designed to encourage them to join the Bank’s in-pocket Union. Some of the members who have contacted us already say that...
Mar 8, 2021 | All Members
Lloyds Banking Group is on the verge of announcing that its entering the Private Rental Housing market. It’s part of the Group’s strategy of generating long-term diversified returns at a time when its net-interest income – the difference between the interest gained on...
Mar 2, 2021 | All Members
In a startling revelation the in-house staff union, Accord, has admitted that it was not told about the bank’s decision to force MaPAs to secretly record all telephone calls without telling customers, in breach GDPR regulations. It’s difficult to know where to begin...
Feb 24, 2021 | All Members
It always in the fine print. So, Lloyds staff got no bonuses for 2020 despite the bank making a pre-tax profit of £1.2bn. The bank says that staff didn’t get GPR awards because Lloyds didn’t hit its underlying profit target for 2020. Now, Mr. Horta-Osorio was awarded...
