Sep 27, 2019 | All Members
It seems that SPWs pricing strategy – which was quoted extensively in the Financial Times from a leaked internal document – has set the cat amongst the pigeons. The Financial Times said: “The aggressive pricing strategy….comes as it [SPW] seeks to become a big...
Sep 18, 2019 | Advance, All Members
The problems for the Lloyds Chief Executive, Mr. Antonio Horta-Osorio, just keep on piling up. A week ago, the bank suspended its share buyback scheme because it needed to set aside up to £1.8bn to cover claims relating to the mis-selling of PPI. It seems the bank...
Sep 18, 2019 | All Members, Executive Pay
Please click this text to view a PDF version. Latest News Retail Banking Redundancies 11th February 2021 Leadership Get New Social Media Guidance 9th February 2021 Future Pension Increases – Letter To Members And MPs 3rd February 2021 “Chopping & Changing Every...
Sep 5, 2019 | All Members
In a recent article on the PPI mis-selling scandal, the Financial Times quoted from an unnamed Lloyds seller who was working in the bank when PPI was being sold. The article says: “When Mathew started working for one of the UK’s biggest banks in the late 1990s, he...
Sep 3, 2019 | All Members
It was us. We did it. We boosted the UK economy to the tune of £48 billion (cost to date of the payment protection mis-selling scandal) and that had a greater impact than the Bank of England’s quantitative easing (QE) programme according to many economists. It was a...
Sep 2, 2019 | All Members
Let’s be clear, changing the company car scheme is not about saving the environment, it’s about saving money. When all’s said and done, the bank will save more money from forcing eligible employees to take the allowance, be that consolidated into basic pay or not,...
