“Bumps In The Road” At Schroders

Members have been telling us for weeks that issues with the Benchmark system are seriously affecting their ability to offer customers a great service. These system problems are not “bumps in the road”, which sounds like a rather cack-handed attempt by senior...

Executive Pay And Pensions

At a recent hearing of the Work and Pensions Select Committee, Mr. Stuart Sinclair, Chairman of the Group’s Remuneration Committee, said: “When I go out to see people who are on £22,000, £30,000, £40,000 , they see Antonio as a winner….There is a charisma around...

Bank Ignoring Contractual Rights

Some senior members of the bank are telling staff they won’t be able to use the grievance procedure if they disagree with their end of year bonus awards. Bonus payments are discretionary and therefore the grievance procedure doesn’t apply according to the bank’s...

Letter To MP Frank Field Regarding Executive Pensions

 Please click this text to view a PDF of the letter. 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...

The Dangers Of Covert Recordings

Almost all of us now carry mobile phones capable of making audio recordings. It’s not surprising that, increasingly, BTU is presented with audio files which have been made covertly by members during meetings with their employers.The majority of these recordings are...

Opportunities For The Many

At a time when every announcement from the bank seems to be about more job cuts, it was a welcome relief to read about the creation of 500 new jobs in Edinburgh, which will now be the biggest digital engineering hub outside London. The bank has also said it will be...

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