
Newsletters From BTU
‘Wrongly Calculated’ Holiday Pay
Tens of thousands of employees on term-time contracts or on similar contractual arrangements could be entitled to back pay after a ruling by the UK Supreme Court. This decision will have wide-reaching implications for any organisations that engage zero-hours,...
Interested In The Lloyds Vacant Roles? Read this First!
This week Lloyds sent out ‘invitations’ to staff to apply for three roles in: Customer Financial Assistance Motor Finance and Leasing Mortgage and Protection Advice. Members may be attracted by one or more of these roles but should go into them with their eyes wide...
Halifax Puts Staff In The Firing Line
The decision by Halifax’s social media team to get involved in Twitter spats with social media warriors on the use of pronouns puts front-line branch staff in the firing line. Members will be aware that last week Halifax tweeted a picture of a name tag with the...
RPI Challenge Begins In High Court
The BT, Marks and Spencer and Ford UK pension schemes began their legal challenge yesterday to the government’s decision to replace the Retail Price Index (RPI) method of calculating inflation with the housing cost-based version of the Consumer Price Index known as...
Bank Unpicks Embarrassing Pay Deal
The one-off payment of £1000 to all Lloyds staff in grades A-G is to be welcomed but why didn’t the bank just negotiate a proper pay deal which could have dealt with the cost of living crisis once and for all. We’ve been telling it for months about the cost of living...
Too Little, Too Late
It’s ironic that almost to the day the worst pay deal in living memory became effective, Accord started talking about the cost-of-living crisis, inflation and the bank’s profits. It now says it wants the bank to “make a one-off discretionary payment”. Does Accord not...
Return Of The Whiteboards
In the rush to achieve Charlie Nunn, the Group Chief Executive’s demanding growth targets we are beginning to see some of the old-style sales techniques - like the use of ‘whiteboards’ to track individual and peer group performance - beginning to creep back into...
Back to the Future
Charlie Nunn, Group Chief Executive, is shaking up the bank and getting rid of those executives whose faces don’t fit any more. Matt Sinnott, the ex-People and Property Director, had a discussion with Charlie Nunn and it was agreed that he would leave. The bank’s...
Letter To Mr. Harry Baines – LLOYDS BANKING GROUP PENSIONS TRUSTEE LIMITED – SUPPORT FOR UKRAINE
Letter To Dame Linda Dobbs DBE – HBOS Reading – The Dobbs Review
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