Latest News
HBOS, Losses and Bonuses…
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 >>
Press Release: "Don't Punish Innocent Staff Over Bonuses"
Date: 16th Feb 2009
The Independent trade union representing the majority of Lloyds TSB Staff - Lloyds TSB Group Union (LTU) - is insisting that tens of thousands of 'ordinary' staff receiving modest salaries should not be prevented from receiving their hard won and fully deserved bonuses. More Info >>
Up To 385 Roles To Go In Wave 3 Of Integration
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 >>
Pay Decision Meetings 2009 ... Managers' Guide
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 >>
Unnecessary Brinkmanship
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 >>
LTU Lobbies Extraordinary General Meeting
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 >>
PRESS RELEASE: LTU Demands Answers At Extraordinary General Meeting On HBOS Takeover
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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