Newsletters From BTU
Where’s Harry?
In a previous Newsletter, we reported that we’d written to Mr Harry Baines, Chairman of Lloyds Banking Group Pension Trustees Limited asking it to join the legal action on behalf of the tens of thousands of pension scheme members whose benefits are going to be reduced...
Bank Settles Disability Discrimination Case…
…After a 3 year, hard fought, legal battle that should never have been needed. Yes, that’s right, the Bank could have resolved this case in a matter of days three years ago, but it chose not to, presumably thinking that BTU and the disabled member concerned would...
The Long & Winding Road
The bank has confirmed that it will open offices from 21st June but subject to restriction in England being lifted. Scotland, Wales and Northern Ireland haven’t yet set out their timescales for lifting current restrictions. The bank has told staff that: “you’ll be...
£40 Million In Compensation
We are about to begin the next phase of the Union’s GMP campaign and that will begin to roll out in the next few weeks. Just to recap, last November the High Court ruled that Lloyds are legally responsible for equalising the guaranteed minimum pensions (GMPs) for...
Dangerous Conversations In The Workplace
In my last newsletter I talked about the dangers of social media when it comes to work. But what about conversations in the workplace? What can’t you say and do? Free Speech The playwright, writer and poet Oscar Wilde famously said: “I may not agree with you, but I...
Contacting Customers
We understand the bank’s desire to get customers visiting branches again. It’s in everyone’s interest for branches to get back to pre-pandemic footfall levels. However, that must be achieved in the right way. Members are telling us they are being told to telephone...
Legal Action Over Inflation Change
In previous Newsletters we reported that tens of thousands of Lloyds staff would see their pension benefits reduce because of the changes to way pension increases would be calculated in future. Trustees of the BT, Ford and Marks and Spencer pension schemes have a...
Letter To Mr Harry Baines: Lloyds Banking Group – Inflation Changes
Please click this text to view a PDF of the letter.
Charlie’s Bazaar
During a recent ‘Town Hall meeting’, Mr. Robin Budenberg, the new Chairman of Lloyds Banking Group, said the bank would be offering a range of non-financial services products to customers in future. Mr. Budenberg declined to give examples of the products Lloyds would...
The Ides of March
This should have been the week when Lloyds staff received their bonuses. A few days ago, the bank published the 2021 share awards for senior executives. The top 8 executives were awarded bonuses worth £4,125,467. The exact payment for each executive is set out in the...
BTU Newsletters
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