Newsletters From BTU

The Reading Scandal

It reads like a John Grisham novel! An internal Lloyds Banking Group report called “ Project Lord Turnbull Report” was published on Tuesday and alleges serious misconduct by the Bank over the handling and disclosure of fraud on an industrial scale at the HBOS Reading...

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HBOS Reading Fraud Report Released

A report on the fraud that took place HBOS’ Reading branch, put together in 2013 by Sally Masterson a whistle-blower who worked for Lloyds, has been published. Last week, MP Kevin Hollinrake urged António Horta-Osório to publish the report on the basis that it was a:...

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450 More Jobs To Go

Today the Bank announced a further round of job cuts across the Group with the loss of another 450 jobs. The jobs that will be going are in Commercial Banking, Group Finance, Group Services, Retail, Retail Legal and Transformation. These job losses will have been...

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History In The Making?

In 1990 Nelson Mandela was released from prison after 27 years of incarceration and later that year the Berlin Wall was torn down. Two historic moments that reverberated around the world. In the staid world of pensions something just as dramatic happened:  the...

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£20Bn Case Goes To High Court

The Union’s landmark legal case on the equalisation of Guaranteed Minimum Pensions (GMPs) has now been lodged with the High Court. Members will recall that the Bank, BTU and the Lloyds Banking Group Pensions Trustee Limited are bringing the case jointly. Three...

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BTU’s Legal Case Going To The High Court

The Bank, the Trustee Board and BTU have agreed jointly to refer the Union’s landmark legal action on Guaranteed Minimum Pensions (GMPs) to the High Court. Given what’s gone on over the past 18 months that’s not a sentence I expected to write. Under what’s called a...

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BTU Newsletters

Information when you need it most. Working in a rapidly changing industry you need authoritative, up to date information. Most importantly you need information you can rely on. BTU’s regular newsletters will bring you the information you need; readable but with enough detail for you to form an opinion on the facts. We want you to see our newsletters regularly and as soon as they are issued.

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Older newsletters are available upon request.

 

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