Newsletters From BTU

Black Clouds in IT?

Lloyds Banking Group is going to reduce the number of data centres from 16 to 12 sites over the next two years as more of its processes, transactions and applications are moved on to the public cloud. We think the number will be reduced by a further 50% by 2026. 56...

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Transfer Pensions – Update

At the end of October, we wrote to hundreds of members who had transferred their pensions out of one of the Lloyds Banking Group final salary pension scheme providing them with a standard letter to send to the Trustee. That letter said: “I have enclosed details of...

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Confirm It In Writing!

“My manager said I could try the new job and if I wasn’t happy with it I could go back to my old role. Now they’re saying that this assurance was never given and that my transfer is permanent.”. I’m sure you won’t be surprised to hear that routinely we receive calls...

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Fighting For Justice

Most of us don’t think we’ll ever be subject to disciplinary action at work. In fact, one of the things we hear most often from members is: “I just didn’t think it would happen to me”. And the more senior the people affected are, the bigger the shock! Those very words...

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Lloyds Pension Fund ‘Fire Sale’

The Times and Financial Times have reported that the Trustee responsible for managing Lloyds Banking Group Pension Schemes with assets worth £50 billion was forced into a fire sale of equities and faced collateral calls of billions of pounds at the height of the gilts...

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“Strain Every Last Sinew”

Those Lloyds Banking Group staff who receive Universal Credit never got the full amount of the last cost of living payment in October because of the way the benefit works. If nothing changes, those same staff won’t get the full benefit of the cost of living payment in...

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Sickness Problems For Lloyds?

Significant numbers of members have contacted us to say that some managers have been told to start to apply considerable pressure when people report sickness absence. We’ve seen numerous cases of: 1.Members being told to contact more senior managers directly if they...

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Smoke and Mirrors

Members are not being fooled by the bank’s headline pay figures and the deeper they dig into the figures the more they realise they are being taken for fools. The bank is rushing through the deal in the hope that by the time staff realise they have been hoodwinked...

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BTU Newsletters

Information when you need it most. Working in a rapidly changing industry you need authoritative, up to date information. Most importantly you need information you can rely on. BTU’s regular newsletters will bring you the information you need; readable but with enough detail for you to form an opinion on the facts. We want you to see our newsletters regularly and as soon as they are issued.

To ensure you’re completely up-to-date, register to receive our newsletters by email or text message to your mobile phone (with a web link). As you would expect your email address and mobile number, like all our other membership information, are confidential to you and the Union.

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Older newsletters are available upon request.

 

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