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Latest News
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Date: 16th Feb 2009
The weekend’s media frenzy surrounding the HBOS merger and the payment of bonuses is doing nothing at all to help the current very difficult environment for all the Banks and the Government’s attempts to stabilise the UK financial services sector. More Info >>
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Date: 2nd Feb 2009
As part of 'Wave' 3 of the integration of Lloyds TSB and HBOS, 785 Senior Managers are in the selection pool for over 400 roles in the new Group. More Info >>
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Date: 1st Feb 2009
The ‘pay decision form’, which the Bank and LTU have produced jointly, will give staff the opportunity to sit down with their Line Managers to discuss their pay increases for 2009 and their target salary positions for the future. More Info >>
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Date: 5th Jan 2009
The Trustees of the HBOS pension scheme are considering asking the Court of Session to delay the HBOS acquisition until Lloyds TSB makes 'appropriate arrangements' to guarantee that the new, merged Lloyds Banking Group will stand by the HBOS pensions scheme. More Info >>
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Date: 19th Nov 2008
The independent trade union representing over 40,000 Lloyds TSB Staff is, on 19th November, lobbying Shareholders attending Lloyds TSB's Extraordinary General Meeting in Glasgow, demanding commitments from the Bank's Board that would remove the prospect of large-scale compulsory redundancies. More Info >>
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Date: 19th Nov 2008
Officials from LTU lobbied the Bank's Extraordinary General Meeting on 19th November, demanding that the Bank agree to measures to remove the prospect of large-scale compulsory redundancies once Lloyds TSB's Takeover of HBOS is complete. More Info >>
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Date: 3rd Nov 2008
When the takeover was first announced the Bank said that it expected to achieve cost savings of £1 billion and there was much speculation that between 14 - 40,000 jobs would be lost from the new super bank. More Info >>
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