Latest News
Group Operations Division Announces A Thousand Job Losses
Date: 15th Mar 2006
The Bank has announced plans for a major programme of cost cutting within its Group Operations division, which LTU fears could eventually result in the loss of around a third of all jobs. More Info >>
London Remuneration & Customer Service
Date: 15th Mar 2006
A major survey by LTU of managers working in Lonon provides a real insight into the problems of managing recruitment and retention in London and indicates that the level of pay is holding customer service back. More Info >>
New Performance Rating Definitions
Date: 8th Feb 2006
Members will know from LTU Newsletters that Balanced Scorecard has not always lived up to its promise and that the Union has been critical that it has become much more a stick with which to beat staff than a motivational carrot. More Info >>
Scotland New Year Opening - LTU Survey
Date: 10th Jan 2006
LTU is aware that many members remain dissatisfied with the Bank’s policy on New Year Opening in Scotland but one of the problems in campaigning on the issue is that there is no clear, coherent membership view on the subject. More Info >>
Balanced Scorecard Reviews - LTU Advice
Date: 4th Jan 2006
In November LTU reported that the Bank was to bring forward the timescales for completing end of year reviews. More Info >>
Putting The Balance Into Scorecard - UKRB Makes A Start With Bonuses
Date: 7th Dec 2005
In September LTU reported that it was discussing with the Bank the introduction of new bonus and incentive arrangements for Managers and Staff in the Branch Network, which it hoped could address some of the motivational failings of Balanced Scorecard. More Info >>
Mortgage Arrangers' Review
Date: 25th Nov 2005
Senior Management has announced a Mortgage Review that will lead to the integration of C&G and Lloyds TSB Mortgage Arrangers within a single management structure. More Info >>
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