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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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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Community Banking – The Future

When the Bank introduced its new branch management structure, which will see the introduction of managers supporting groups of branches, one could be forgiven for thinking that would be the end of the reorganisation.  But it’s just the beginning. We have been saying...

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Mental Health and Ethical Working Practices

 “When an employee breaks a leg or suffers an infection, we know how to respond. Mental health should be dealt with in the same way. With a culture of adequate support and sufficient time off, an employee can return to work with confidence and without embarrassment.” ...

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More Job Losses

When the Bank announced the results of its Group Strategic Plan 2018 - 2020 a few months ago it refused point blank to say whether its 3-year strategy would result in more redundancies and more branch closures. At the time we said: ”We are being asked to believe that...

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The RPA Revolution

When the Group announced its new strategic priorities, Juan Colombas, Chief Operating Officer, talked about bringing down the Group’s cost base to below £8bn by 2020 and said: “We will do so by maintaining our cost discipline, and by redeploying the efficiency gains...

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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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