Newsletters From BTU
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
Hybrid Working and Compressed Hours
As I reported a fortnight ago, our member questionnaire was intended to help us get ahead of the game in the event that we are required to represent a very large number of grievances and, potentially, Employment Tribunal or County Court claims. The large response has...
No Risk Surveying – Lloyds Style
It seems that Lloyds just can’t stop dropping the ball. In the space of just a few weeks the people running Lloyds have destroyed staff morale, engagement and brand advocacy to an unprecedented extent. That takes some doing. And to compound that by issuing a survey...
Oxymoronic
Unite dramatically told their members last week that they were holding urgent talks with the Bank following Charlie Nunn’s announcements on hybrid working and compressed working hours. In its communication to members, Unite said it: “Indicated to LBG that we would be...
Unsafe Building?
As a direct result of our previous Newsletter highlighting that it took staff 20 minutes to evacuate the building at 125 London Wall following a fire alarm on the 12th January 2023, Lloyds carried out a controlled fire evacuation on 29th March 2023. The result was...
Hybrid Working Update
Yesterday’s communication from Sharon Doherty, People and Places Director, was full of the usual management hyperbole as she told staff that Lloyds has been doing some “fantastic work” on flexibility in “fantastic offices” and that “we are excited”. The comment that...
One Way Street
Unite and Accord are telling their members that they are holding urgent talks with the bank following Charlie Nunn’s recent announcements on hybrid working and compressed working hours. Lloyds may change its position but it won’t be because of anything Accord or Unite...
Pension Deficit Contribution
Lloyds made a total of £2.2bn of pension scheme deficit reduction contributions in 2022. Those contributions were made to the group’s three main defined benefit (DB) pension schemes. Fixed deficit reduction contributions of £800m were paid in full during the first...
What’s The Next Move?
Some members will be happy to return to office working, particularly on a hybrid basis. The biggest danger for those who don’t want to or can’t is that, outraged by what Lloyds is demanding, they repudiate their contracts of employment by refusing apparently...
BTU Newsletters
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