Newsletters From BTU

Caring Is Not Sharing

When Lloyds Banking Group starts asking questions about the caring responsibilities of its employees it’s a fair bet that something is about to happen. In a recent message on updating personal data, Lloyds said that it was asking staff questions about their...

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Filling Your Boots?

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...

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Counting The Pennies

You know things are not going to plan when someone starts checking the taxi receipts. Lloyds is two years into a £4bn strategic plan to diversify income streams away from those, like mortgages, that are dependent on interest rates. It’s not quite going according to...

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What’s It Hiding?

Lloyds has announced that it is reducing the number of Mortgage & Protection Advisors by 130 with effect from 1st October 2024. The number of Mortgage Managers is also being reduced. All told, 182 mortgage jobs will be redundant. All Mortgage & Protection...

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Management By Dashboard

The new sales dashboards for individual members of staff are just a few weeks old but what’s crystal clear is that staff are now being manged exclusively according to their sales data. Unfortunately, it’s only going to get worse for members. We said that the...

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‘Yielding Place To New’

Having asked members of the pension scheme what they thought about the service being provided by Willis Towers Watson (WTW), who get paid millions for administering the Lloyds pension schemes, the Trustee has decided not to give members the results! That’s not what...

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‘Big Brother Is Watching You’

In a previous Newsletter we wrote about Lloyds rolling out new spying software that would enable it to monitor more closely and intrusively what staff are doing and when they are doing it. In the past few weeks lots of members have received pop up messages telling...

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Whistleblowing

Predictably we are now receiving more enquiries about whistleblowing or, in the jargon, making a protected disclosure. Why was this predictable? Because in the flip flop world of Lloyds HR, which has swung like an aircraft carrier making a tight turn, from a...

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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.

To receive copies by email just let us have your details at 24hours@btuonline.co.uk and we’ll arrange it.

Older newsletters are available upon request.

 

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