Newsletters From BTU
Customer Services: Do You Really Know What You’re Signing Up For?
For some, the Bank’s invitation to move to a Customer Services role will, on the face of it, be a welcome one. The opportunity to work from home will be desirable to many, but as the saying goes, ‘you don’t get something for nothing’ and members must pay careful...
GMP Ruling – The Next Steps
The Financial Times, commenting on our landmark High Court case, said: “Hundreds of thousands of former members of final salary pension schemes are now in line for a financial boost following a landmark High Court ruling on historical gender discrimination.” The key...
“Facts are stubborn…..statistics are pliable”
On the 25th November, HM Treasury and the UK Statistics Authority published their response to this year’s consultation on the reform of the Retail Price Index (RPI). It was not mentioned at all in the Chancellor’s speech to House of Commons. This so-called reform, if...
Windfall Gains For ‘Two-Pensions Osorio’
Members will recall that Lloyds gave frontline managers an extra day off and a family takeaway for their efforts in managing staff during the early stages of the pandemic. Whilst the bank was being dragged kicking and screaming into making such a paltry award, Mr...
Union Wins Landmark High Court Action, Again.
We’ve won in the High Court again. In the second part of the most important pension case in 30 years, the High Court has ruled today that the Lloyds Banking Group pension schemes are legally responsible for equalising the guaranteed minimum pensions (GMPs) for those...
Moving Between Branches
Lloyds has said that: “colleagues will work from one branch only, unless needed as ‘critical resource’, to open and run another branch”. The reality for many staff is quite different. We’re getting a large number of telephone calls from members who are being asked to...
Letter To Rt Hon Mr. Alok Sharma MP: Lloyds Banking Group and TSB – Health Protection Regulations
Letter To Mr. Nikhil Rathi: Lloyds Banking Group and TSB – Health Protection Regulations
Is Lloyds Breaching Coronavirus Health Protection Regulations?
By refusing to change its retail service offering to customers, Lloyds Banking Group is breaching the Health Protections Regulations, which put the lockdown rules into law. The bank has so far refused to change its strategy scale to reflect the fact that we are now in...
1,000 Jobs Go On Eve Of Lockdown
The timing of yesterday’s announcement from Lloyds is quite simply cruel. And we don’t say that lightly. To announce 1,000 job cuts on the eve of the second national lockdown beggars belief. The fact the timing was agreed with the bank financed, in-house staff unions...
BTU Newsletters
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