Newsletters From BTU
Lloyds Getting Rid Of 3.1 Million Passbook Accounts So It Can Close More Branches
Lloyds Banking Group is planning to get rid of 3.1 million passbook accounts in a bid to reduce the number of counter transactions. 2.6 million of those passbook accounts are held by Halifax customers. Lloyds will be writing to customers from 30th October 2023 telling...
Banking Made Easy & Branch Closures
At the height of the ‘Farage’ affair last week, Lloyds sneaked out that it was closing a further 39 branches. That’s the fourth announcement this year, with Lloyds planning to close 176 branches over the next 12 months. Whilst it’s true that there will be no...
Shooting The Messenger
The Group’s Senior Executives talk a lot about ‘transparency’, ‘collaboration’, ‘inclusion’ and ‘feedback’ but when push comes to shove, they will always try and shoot the messenger if they don’t like the message. Following the publication of its latest proposals on...
Lloyds Starts Pressure on Decompressed Hours
Tomorrow morning Managers will receive a lengthy guide on decompressing working hours and will be asked to take part in concerted attempts to pressurise staff to decompress their working hours. Key messages are going to be: Every 3 months managers are to press staff...
Bank Admits Survey Was Felt To Be Rigged
Lloyds has admitted that some of the questions in its recent flexibility survey were rigged and it won’t be publishing those results. When announcing the results of the survey, Ms Sharon Doherty said: “We also heard how some of you felt that a number of the questions,...
New Technology Centre In India
When Lloyds announced its new redundancy policy a few months ago it made much of the fact that it wanted staff to stay and build their careers with the bank, Sharon Doherty, Chief People and Places Officer, waxed lyrical about its new initiative saying: “…the great...
Letter To Charlie Nunn – Lloyds Banking Group – Removal of Fire Marshals
Pay Ranges Con Trick
With the stubbornly high inflation levels set to continue and the cost of living crisis getting worse, many members of staff are now realising that the headline pay increases announced at the end of last year were really hiding a massive pay squeeze. In its recent...
More Branch Closures
Lloyds has announced that it is closing a further 53 branches (21 Lloyds, 17 Bank of Scotland and 15 Halifax) between September 2023 and May 2024. The bank has made the usual argument about customers moving to digital channels but when you look at the branches that...
Letter To MPs Regarding The Future of Bank Branches
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