Newsletters From BTU
Landmark Legal Case Continues In The High Court
In a previous Newsletter, I said that the second part of the union’s landmark legal case on Guaranteed Minimum Pensions (GMPs) would begin in the High Court in May and would be heard by Mr Justice Morgan via Skype. Following that hearing, Mr Justice Morgan wrote to...
Bank Bows To Union Pressure On Test & Trace App
Following the publication of our Newsletter last week, Lloyds Banking Group has bowed to union pressure and told branch staff working in the Banking Hall that they can now use the Government’s Track and Trace app. Jo Harris, Managing Director of the Lloyds Community...
The Lloyds “Circuit-breaker”
The second wave is well and truly here and crucial to what happens next will be all “our behaviours”. Large parts of the country are now under local lockdowns and the likelihood is that we will all move up the three-level scale at different times. There is every...
Working From Home Survey
Thousands of Lloyds staff are still working from home and the likelihood is that this is going to continue well into next year. Has the novelty worn off? Are you suffering from ‘Zoom fatigue’? Are you desperate to get back to the office to see friends and colleagues?...
Track & Trace Could Be A Life Saver For Staff & Customers
Lloyds Banking Group is wrong to instruct staff to turn off the Government’s Track and Trace app whilst at work and Antonio Horta-Osorio, the Group Chief Executive, needs to look at this issue again, quickly. The bank says: “You must ensure contact tracing is paused...
It’s Bad Timing, Jo
Things are heading in the “wrong direction”. Infections are on the rise, which inevitably is going to lead to more hospital admissions and deaths according the Prime Minister and his senior medical advisers. The second wave is here. The only real question is the...
No Mask – No Entry
When it comes to wearing of face coverings, the bank has said: “All colleagues must wear a face covering in our branches. The safety of our colleagues and customers is paramount and our guidance reflects this. You may find our guidance exceeds the requirements in your...
Bonuses, Pay and Covid
The Bank has been warning staff that there will be little or no payments made through the Group Performance Share for 2020. In a message to staff earlier in the year, the bank said: “As you will have seen in the news, the impact of the coronavirus outbreak is expected...
Lloyds Board Pushing For More Fee Income In Group Strategic Review 4
In a telephone conference held by Zak Mian, Group Director Transformation, it was made clear the Lloyds Board want to move away from the “cyclicality and unpredictability” of net interest income in favour of significantly increasing fee income as part of GSR 4....
Second Wave Of Pandemic Doesn’t Stop Jobs Cull In Lloyds
Lloyds could have put on hold until next year many of the 865 redundancies in Insurance and Wealth, Retail, Finance and Commercial Banking it announced on Wednesday. Lloyds is not like many of the businesses that have announced redundancies recently. It will still be...
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