Latest News
Strategic Review - The Next Steps
Date: 25th Jul 2011
Now the dust has settled and the results of the Strategic Review have been made public, although a weekly subscription to the Sunday Telegraph would have given you most of the details anyway, is the time to pick through the Review in more detail, highlight the key changes which will impact on staff going forward and set out the next steps for discussions with the Bank. More Info >>
IDS Comments: Union Representing Lloyds Staff Insists Bank Should Prioritise Saving UK-Based Jobs
Date: 1st Jul 2011
Lloyds Trade Union (LTU) has insisted that comments made by the Work & Pensions Secretary, Iain Duncan Smith, whilst welcome simply do not go far enough. More Info >>
15,000 Jobs Axed From Group
Date: 30th Jun 2011
Today the Bank will announce the results of the Strategic Review, started when the new CEO, Antonio Horta-Osorio, took over from his predecessor Eric Daniels. More Info >>
Project Verde: Your Questions
Date: 27th Jun 2011
Once the Bank announced the England and Wales branches that would form part of Verde and details of the sales process were announced, it was inevitable that there would be lots of issues and questions raised by members. More Info >>
Clearings - IPSL TUPE Transfer: Full Blown Negotiations Begin
Date: 15th Jun 2011
Although it is over two months since the Bank announced its intention to outsource its Clearings Operation to IPSL, by TUPE Transfer, the full details of the Bank and IPSL’s proposed Transfer Terms only emerged in our discussions last week. More Info >>
10,000 Staff Say No Thanks
Date: 7th Jun 2011
Despite the harassment, intimidation and threats 10,000 staff, mostly working in the LTSB Community Banks with most to lose when changes in working hours are introduced later this year, have refused sign the new terms and conditions of employment. More Info >>
Project Verde: The Next Steps
Date: 25th May 2011
Nobody wants to sell the Verde business, least of all the staff who will be transferred to the new employer in many cases against their will, but the Bank has no choice and it must be sold by the end 2013 at the latest. More Info >>
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