Newsletters From BTU
Pensioners To Receive Millions In Back Payments – Article By The FT Adviser
Please click here to read the article.
New Joint Venture
Lloyds Banking Group and Schroders plc will establish a new financial planning joint venture company for affluent customers. Under the deal, Lloyds will own 50.1 per cent of the share capital of the new joint venture and Schroders the remaining 49.9 per cent....
Bank Cynically Withdraws Mortgage Benefit
Last year the main in-house staff union – Accord – reported that Lloyds Banking Group had agreed to extend the Colleague Concessionary Mortgage Schemes for another year. It said the agreement: “demonstrates again that positive results are achievable through a...
Continuing Discrimination In Offshore Banking
The Trustee of the Lloyds Bank Offshore Pension Scheme and the Bank are still treating men and women differently when dealing with the State Pension Deduction. The Union represented a female member on Jersey last year who would have seen her pension reduced by £1,190...
Dark Clouds Over IBM?
Members will recall that last year the Bank announced it was outsourcing 1,900 jobs to IBM. A significant number of the jobs transferred to IBM will eventually be offshored to India. IBM and Lloyds signed one of the largest cloud transformation deals with most staff...
Mortgages & Coaching Plans
Both HSBC and RBS are trying to get a greater share of the mortgage market with both banks having increased their share of approvals in the first half of 2018. Goldman Sachs – in a research note on mortgage competition – are predicting that Lloyds Banking Group will...
The Mental Health Consequences Of The Threat Of Redundancy
A few days ago the Bank wrote to MPs providing them with details of how its “Helping Britain Prosper” plan was helping customers and staff in their constituencies. Fast forward a few days and the Bank announced a further round of branch closures and job cuts (see...
Letter To Ben Taylor
BTU recently sent the below letter to Ben Taylor. Please click this text to view a PDF copy of the letter.
Letter To Antonio Horta-Osorio
BTU recently sent the below letter to Antonio Horta-Osorio. Please click this text to view a PDF copy of the letter.
Union Lodges Complaint With Commissioner
The Union has lodged an official complaint with the Information Commissioner over the FCA’s refusal to answer questions about Lloyds Banking Group’s implementation of overdraft charges for customers and staff earlier this year. In a letter to Mr Andrew Bailey, dated...
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