
Newsletters From BTU
A New Sales Culture In LBG?
“There are instances where a customer doesn’t speak very good English and I am told to just open them an extra account and they won’t know”.Is that the ‘new’ sales culture in Lloyds Banking Group in 2019?Since we published our Newsletter ‘The Sales Pendulum in LBG’ we...
The War On Middle Management Jobs
Last week’s announcement of more job losses across the group and the creation of bigger area director groups in the Lloyds, Bank of Scotland and Halifax Community banks should be seen in the context of the Group Chief Executive’s recent comments to a group of analysts...
Letter On Overdraft Charges To MP Nicky Morgan
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Letter To Chris Cummings Regarding Executive Remuneration & Pensions
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Union Forces Pension Climbdown
In another stunning campaigning victory for the union, Antonio Horta-Osorio, Group Chief Executive of Lloyds Banking Group, has been forced to give up his lucrative final salary pension perk rather than have it voted down by institutional shareholders at the Annual...
Chris Cummings – Letter Mr. Chalmers & Pensions
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Chris Cummings – Letter Regarding LBG – Executive Remuneration & Pensions
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Two Pensions Osorio
Members will recall that we criticised the pension allowance made to the Group Chief Executive because it was significantly higher than similar payments made to other Chief Executives. In 2018, Mr. Horta-Osorio’s pension allowance was worth £573,000, or 46% of his...
3.9 Million Women Campaign For State Pensions
The hearing into whether 3.9 million 50s born women have been cheated out of their state pension by the government has been set by the High Court for May 24.BackgroundThe Pensions Act 1995 provided for the State Pension age (SPA) for women to increase from 60 to 65...
The Sales Pendulum In LBG
We have seen a shift of approach in sales management by some line managers since the reorganisation of the branch network. It would seem that in some areas, the sales pendulum has swung firmly back to a more permissive era, and that is unacceptable.Let’s be clear, the...
BTU Newsletters
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