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Latest News
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Date: 16th Aug 2007
Whilst we may have our differences on a range of issues, from pay to offshoring, we are pleased to report that following intense negotiations over the last few months LTU and the Bank have agreed to revised severance and retirement terms for those staff leaving through redundancy until 2010. More Info >>
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Date: 18th Jul 2007
The Bank has announced that it is entering a joint partnership with Wachovia Bank, that will lead to a large part of Trade Services being offshored to Hong Kong. More Info >>
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Date: 2nd May 2007
In April, the Pay Rates in Telephone Banking were increased, with most Advisers automatically receiving set increases in their pay. More Info >>
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Date: 16th Apr 2007
An indiscreet Interchange Communication by David Postings (Managing Director, Commercial) has lifted the lid on what LTU has long suspected . More Info >>
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Date: 8th Mar 2007
LTU has said that one of its concerns with the running of the Lloyds TSB No 1 and No 2 Pension Funds, especially given the increased powers of the Trustees, is the role of the Scheme Actuary. More Info >>
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Date: 2nd Mar 2007
Lloyds TSB has admitted to the costly failure of its strategy of offshoring Call Centre jobs to India, by announcing it is to close its Call Centre in Mumbai by the end of March, returning work to the United Kingdom. More Info >>
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Date: 15th Feb 2007
LTU was petitioning Lloyds TSB customers outside the Bank’s Peterborough branches – and the public at large in the main shopping areas – on Thursday 15th February. More Info >>
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