Hierarchy Of Privilege

Feb 23, 2026 | All Members, Executive Pay

It seems that Mr. Nunn is not as financially resilient as his staff because unlike everyone else in Lloyds he trousered a 20% pay increase in 2025 to £7,407,000 from £6,169,000. That included a 17% increase in his basic salary compared to the average increase of 5%...

Helping Charlie Prosper!

Jan 20, 2026 | All Members, Executive Pay

We all know how expensive pets can be and members will have some sympathy with Mr. Nunn who recently announced he’d got a new black labrador. However, unlike Lloyds staff it’s been reported that Mr. Nunn is in line for a 45% increase to his maximum pay package from...

Filling Your Boots?

Aug 23, 2024 | All Members, Executive Pay

We understand that the Board of Lloyds Banking Group is considering following the lead of Barclays Bank which recently became the first British bank to announce that it was scrapping the cap on executive bonuses. Barclays’ new bonus policy means that the top 1500...

Mr Nunn’s Remuneration Enumerated

Mar 24, 2023 | All Members, Executive Pay

Ms Harriett Baldwin MP, Chair of the Treasury Select Committee, recently wrote to Mr Charlie Nunn, Lloyds Banking Group Chief Executive, regarding how his pay and bonus package was linked to the performance of the Group. The clear implication of her letter was that...

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