Dark Clouds Over IBM?

Members will recall that last year the Bank announced it was outsourcing 1,900 jobs to IBM. A significant number of the jobs transferred to IBM will eventually be offshored to India. IBM and Lloyds signed one of the largest cloud transformation deals with most staff...

Mortgages & Coaching Plans

Both HSBC and RBS are trying to get a greater share of the mortgage market with both banks having increased their share of approvals in the first half of 2018. Goldman Sachs – in a research note on mortgage competition – are predicting that Lloyds Banking Group will...

The Mental Health Consequences Of The Threat Of Redundancy

A few days ago the Bank wrote to MPs providing them with details of how its “Helping Britain Prosper” plan was helping customers and staff in their constituencies. Fast forward a few days and the Bank announced a further round of branch closures and job cuts (see...

Letter To Ben Taylor

BTU recently sent the below letter to Ben Taylor. Please click this text to view a PDF copy of the letter. Latest News Retail Redundancies – Guidance 16th February 2021 Retail Banking Redundancies 11th February 2021 Leadership Get New Social Media Guidance 9th...

Letter To Antonio Horta-Osorio

BTU recently sent the below letter to Antonio Horta-Osorio. Please click this text to view a PDF copy of the letter. Latest News Retail Redundancies – Guidance 16th February 2021 Retail Banking Redundancies 11th February 2021 Leadership Get New Social Media...

Union Lodges Complaint With Commissioner

The Union has lodged an official complaint with the Information Commissioner over the FCA’s refusal to answer questions about Lloyds Banking Group’s implementation of overdraft charges for customers and staff earlier this year. In a letter to Mr Andrew Bailey, dated...

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