Newsletters From BTU
£30,000 Worse Off Under DB Proposals
According a report produced by Insight Investment, members of the Lloyds TSB No 1 defined benefit pension scheme could be up to £30,000 worse off under proposals being considered by the Government to change the way annual pension increases are calculated. The UK...
Back To Work
The Prime Minister has announced that the government’s “work from home” guidance will end from the 1st August, although it seems that his key senior scientific advisers may not have got the message. Sir Patrick Vallance, Chief Scientific Adviser, is still insisting...
Treating Vulnerable Customers Fairly?
The real economic consequences of the Covid-19 pandemic on individuals will only become apparent once the Government’s furlough schemes and support for the self-employed come to an end. More than 12 million workers are being supported by those schemes. Economists are...
Letter To Mr Harry Baines: Lloyds Banking Group – Deficit Reduction Contributions
Lloyds Working From Home Survey
Please click here to see the survey.
No Going Back – The New Reality
Crisis can be an opportunity for change. Our survey results show that Lloyds should embrace that change when it comes to the future of home working post Covid-19. As this crisis scythes through the economy, many organisations will be looking to save costs. In Lloyds,...
Bank Responds To Union’s Campaign
Following the union’s campaign for a recognition award for branch managers working on the frontline, Lloyds has announced today that grades D – F frontline staff will get an extra day off, either on a Friday or Monday, and will be able to get a family takeaway over...
Executives Awarded 2,152,048 Shares During Pandemic
And it gets worse for Mr. Horta-Osorio. A few days after the bank announced that grades D and E branch managers would not get the £250 recognition awards, despite the fact that they have been on the frontline since the start of the pandemic, the bank announced...
It’s not too late to do the right thing, Antonio
Antonio Horta-Osorio’s decision not to recognise grades D and E branch managers working on the front line during the coronavirus pandemic has been met with a storm of protest. The Group Chief Executive, who we assume has been working from home since the lockdown...
“It’s not the money, it’s the principle.”
That’s what a grade D member on the front-line since day 1 said yesterday. Some of the very people who deserve it the most are getting nothing. It’s not about the money for grades D and E members of staff, it’s much more important than that. It’s about recognition....
BTU Newsletters
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