Sep 11, 2020 | All Members, COVID-19
Lloyds could have put on hold until next year many of the 865 redundancies in Insurance and Wealth, Retail, Finance and Commercial Banking it announced on Wednesday. Lloyds is not like many of the businesses that have announced redundancies recently. It will still be...
Sep 8, 2020 | Advice, All Members, COVID-19
Covid-19 was always going to provide an opportunity for unscrupulous employers and managers to squeeze through changes which would never normally be accepted in ‘normal’ circumstances, under the guise of a response to coronavirus. In a recent note on changes to branch...
Sep 4, 2020 | All Members, COVID-19
The vast majority of Lloyds and Halifax branches will now close at 3.30. Only the largest branches in central locations will remain open until 5pm. In a recent note to staff, Jo Harris, Managing Director, Lloyds Community Bank, said: “Our branches are increasingly...
Aug 11, 2020 | All Members, COVID-19
According a report produced by Insight Investment, members of the Lloyds TSB No 1 defined benefit pension scheme could be up to £30,000 worse off under proposals being considered by the Government to change the way annual pension increases are calculated. The UK...
Jul 27, 2020 | All Members, COVID-19
The Prime Minister has announced that the government’s “work from home” guidance will end from the 1st August, although it seems that his key senior scientific advisers may not have got the message. Sir Patrick Vallance, Chief Scientific Adviser, is still insisting...
Jul 24, 2020 | All Members, COVID-19
The real economic consequences of the Covid-19 pandemic on individuals will only become apparent once the Government’s furlough schemes and support for the self-employed come to an end. More than 12 million workers are being supported by those schemes. Economists are...
