More Job Cuts

Jan 25, 2024 | All Members

The year’s hardly begun and Lloyds Banking Group has announced that there will be a net reduction of 740 grade C+ roles in the Community Bank. Lloyds has trotted out the usual justifications but it’s clear that its combined branch network (Halifax, Lloyds and Bank of...

The Other Scandal

Jan 12, 2024 | All Members, HBOS Reading Fraud, The Dobbs Review

The Post Office ‘Horizon’ scandal, depicted brilliantly in ‘Mr Bates v The Post Office’, shows what can happen when big organisations try to cover up their mistakes and blame customers/employees when the real culprits, invariably senior executives, are allowed to walk...

£700 Million Better Off

Dec 20, 2023 | All Members

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

Dec 13, 2023 | All Members

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,...

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