May 4, 2020 | All Members, GMP Court Case
The second part of the union’s landmark legal case on Guaranteed Minimum Pensions (GMPs) will begin in the High Court today. Given the current turmoil the case will be heard by Mr Justice Morgan via Skype. Members will recall that in the first case in 2018, the High...
Apr 29, 2020 | All Members, COVID-19
Tomorrow, Lloyds will publish its Q1 results and will set out how much the coronavirus pandemic will cost the bank. Barclays has set aside £2.1bn and HSBC £2.4bn for customers not being able to repay back loans during the crisis. The UK economy could shrink by 35% in...
Apr 27, 2020 | All Members, COVID-19
Members will recall that in one of our previous Newsletters in early April – ‘Bonuses For Front-Line Staff’- we said that Lloyds front-line staff should get a one-off bonus to reflect the fact that by going to work every day they are putting themselves and their...
Apr 27, 2020 | All Members, COVID-19, Letters
Latest News Recording Telephone Calls 17th February 2021 Retail Redundancies – Guidance 16th February 2021 Retail Banking Redundancies 11th February 2021 Leadership Get New Social Media Guidance 9th February 2021 Future Pension Increases – Letter To Members And...
Apr 27, 2020 | All Members, COVID-19
According to Jo Harris, Managing Director, Lloyds Community Bank of those SME businesses making applications under the CBIL scheme “a high proportion don’t qualify and are being rejected” because they don’t meet the Government’s criteria. That will come as a surprise...
Apr 20, 2020 | All Members, COVID-19, Executive Pay
The bank has released 1 million ‘reach out’ leads for customers who are over 70. Over the next few weeks Banking Consultants will be contacting those customers to see how they are coping in the current crisis. The bank says the calls are for customers to: “talk about...
