Newsletters From BTU
You can’t have missed the Bank’s Mental Health PR campaign, it’s been on almost every advertising medium going. Just this month the Bank announced it will train 2500 mental health ‘Advocates’. But look behind the PR facade and a different Lloyds attitude to mental...read more
As a result of the union’s successful campaign to highlight the monstrous differences in pension allowances between LBG’s executive directors and the vast majority of staff, Mr. Antonio Horta-Osorio, Group Chief Executive and Mr Stuart Sinclair, Chairman of the...read more
In response to a straightforward question on compensation for the loss of final salary pensions from a member of staff being transferred to Schroders, Kellie Spencer-Witcomb said, in a piece of world-class gobbledygook that: “Each colleague transfer is reviewed...read more
Following the union’s long campaign to highlight the monstrous differences in pension allowances between Mr Antonio Horta-Osorio and his executive director colleagues, and the majority of staff, the Rt Hon. Frank Field MP, Chair of the Work and Pensions Committee and...read more
It seems that Lloyds Banking Group is so desperate to secure enough votes at next week’s AGM that it’s produced a glossy video urging staff to use their votes for the first-time. And let’s be clear, the bank wants staff to support the re-election of executive...read more
The Investment Association (IA), whose 250 members manage £7.7 trillion of assets, has told the union that it’s got serious concerns about the pension allowances awarded to Mr. Antonio Horta-Osorio, Group Chief Executive, Mr. William Chalmers, Chief Financial Officer...read more
Please click this text to view a PDF version of this letter. T 01234 262868 F 0844 7745971 E email@example.com BTU, St John's Terrace, 3-7 Ampthill Street, BEDFORD MK42 9EY © BTU 2018read more
The pregnant pauses, the nervous laughter, the shuffling of papers trying to find the right speaking note and then the big reveal: staff transferring to the JV can keep their mortgages and banking products. So, the JV is not taking away something which staff have...read more
Following the Union’s historic legal victory on Guaranteed Minimum Pensions (GMPs) in October 2018, the Trustee and the bank have been looking at how to equalise pensions and implement the Court’s decision. That work is ongoing and once completed could result in some...read more
Please click this text to view a PDF version of the letter. T 01234 262868 F 0844 7745971 E firstname.lastname@example.org BTU, St John's Terrace, 3-7 Ampthill Street, BEDFORD MK42 9EY © BTU 2018read more
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