Newsletters From BTU
377,738 Shares For The Gresham Street Grinch
We know that we are living in a topsy turvey world at the moment but since when did it become acceptable for an employer to “thank … unions for their constructive approach” to pay negotiations. We bet the bank wanted to “thank” Accord and Unite. Those so-called...
Schroders Shafts 200 Staff
The timing of Schroeder’s announcement to make 200 staff redundant is quite simply cruel. The business has done an excellent job of migrating wealth customers worth some £26bn to the Schroders platform. All of those customers transferred because of their existing...
Letter To Rt Hon Mel Stride MP: Lloyds Banking Group & The Reading Fraud
Survey – Working From Home 2.0
Whilst we can see the light at the end of the coronavirus tunnel, Lloyds staff will still be working from home well into next year. How have you adapted to this new normal and have your views changed since earlier in the year? Are you working longer, and do you feel...
Lloyds Signals Major Branch Closure Programme In 2021
Lloyds Banking Group is offering grades A and B staff in all three brands the opportunity to move permanently from branches to work in customer service roles based from home. Those roles - details of which will be announced tomorrow – will start from February 2021....
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...
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