Lloyds Banking Group staff are represented by an independent trade union committed to protecting their interests and their interests alone. LTU is not affiliated to the TUC or any political party and we are free to determine and pursue the best policies for Lloyds Banking Group staff.

LTU represents members in Lloyds, Scottish Widows, Halifax, BOS and the other companies within the Lloyds Banking Group.


Much Ado... About Nothing

10 Jan 2017

The juxtaposition in treatment couldn’t be any more telling. Just before Christmas, the Bank published the latest details of Antonio Horta-Osorio’s 4% additional increase in base pay, which is delivered in a tranche of monthly shares.

Fast forward a few weeks and the Bank has announced today, with the tacit agreement of the HR approved staff unions, a pay pot of just 2%. And’s that at a time when all commentators are predicting that inflation is going to increase significantly over the next few months.

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