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Latest News
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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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Date: 28th Oct 2008
Since Lloyds TSB’s Board first announced its plans to takeover HBOS, it has made statements representing two entirely different positions on the future of its Offshoring Strategy. More Info >>
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Date: 20th Oct 2008
Since the announcement of the terms of the deal that led to the part nationalisation of Lloyds TSB the number of calls, letters and emails we have received from members concerned that a dividend freeze for the next five years is going to seriously reduce their standards of living is without precedent. More Info >>
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Date: 8th Oct 2008
The independent trade union representing the majority of Lloyds TSB Staff - Lloyds TSB Group Union - is insisting that the Government's huge rescue package for Lloyds TSB should be conditional upon the Bank's Board agreeing to ditch its strategy of offshoring jobs to India. More Info >>
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Date: 26th Sep 2008
Mark Brown, Assistant General Secretary, said “The Union's job in this takeover is simple: it is to protect members and ensure that they are not trodden on in the rush to achieve savings faster than is justifiable. More Info >>
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Date: 23rd Sep 2008
LTU today sent a team of Officials to lobby the Labour Party Conference in Manchester on the need for Lloyds TSB to abandon its 'Jobs To India' policy in order to protect jobs once it completes its takeover of HBOS. More Info >>
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Date: 22nd Sep 2008
The independent trade union representing the majority of Lloyds TSB Staff - Lloyds TSB Group Union - is to demand that, following its takeover of HBOS, the Lloyds TSB Board should ditch its strategy of offshoring jobs to India. More Info >>
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