Jun 16, 2020 | All Members, COVID-19
Members will recall that in one of our previous Newsletters in early April we said that staff should get a one-off bonus to reflect the fact that by going to work every day they are putting themselves and their families at increased risk. Members will recall TSB paid...
Jun 3, 2020 | All Members, COVID-19
The bank has announced that it is extending branch opening hours from 9.30 am to 3.30 pm with effect from the 8th June. Branches will remain closed at the weekend but we expect that to change in the next few weeks. When announcing the changes Jo Harris, Managing...
May 28, 2020 | All Members, COVID-19
As we enter the 9th week in lockdown, we are all settling into routines that a few months ago would have seemed bizarre. 45,000 Lloyds staff are now working from home but how long will that continue and would many of those, if given the choice, want to continue to...
May 20, 2020 | All Members, COVID-19
As it scrambles around to cut costs, our fear is that Lloyds will try to reduce its pension deficit contributions to the defined benefit pension schemes. And the Trustee, which is made up of bank appointees and unelected Member Nominated Trustees, will agree to...
May 18, 2020 | All Members, COVID-19
Today the Lloyds GEC will meet to discuss its future investment strategy in light of the economic consequences of COVID-19. Also, on the agenda will be the future of GSR 4, the bank’s next three-year plan, the work on which is due to start in Q4. Resource is currently...
May 14, 2020 | All Members, COVID-19
In the face of a pandemic that has already killed 297,569 people worldwide (although that figure is likely to be significantly higher when you take into account excess mortality) the search for perfect scientific evidence when it comes to the wearing of face masks is...