£700 Million Better Off

Lloyds Banking Group is £700 million better off after getting back the entire £1.2 billion it lent (plus interest) to the Barclays family to finance their ownership of the Telegraph Media Group. Not thinking it would get all the money back, Lloyds is thought to have...

Lowest Engagement Score Since 2014

As we approach the end of another year, staff in Lloyds Banking Group are more disengaged from the business than they have been since 2014. Anyone who has seen Group Chief Executive Charlie Nunn’s interview entitled ‘A lifetime in banking’ at the Faculty of Economics,...

Have A Merry Christmas!

In the run-up to Christmas, Lloyds Banking Group thought it would be a good idea to tell 2,800 members of staff working in platform teams that they are being included in yet another selection exercise which could result in them being made redundant and their jobs...

Night Of The Long Knives?

According to leaked reports in the newspapers at the weekend, Lloyds will announce that it’s ‘reviewing’ 2,500 middle management roles. The implication of such a ‘review’ is that Lloyds is going to want to change the focus of certain roles. Lloyds has been briefing...

Are The Bank’s Policies Leading To More Abusive Customers?

Recently the Co-op said that urgent action was required to stem a “crime epidemic”. It said that anti-social behaviour and violence in its stores had almost doubled to 300,000 incidents this year. Now, we are not saying that Lloyds and Halifax staff working in...

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