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Latest News
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Date: 20th Oct 2010
The Bank has posted a message on the Intranet today saying that 85% of staff will be on harmonised Terms and Conditions from December. More Info >>
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Date: 13th Oct 2010
The Bank has today announced plans to slash jobs in its Group IT Division by a further 40% and make additional jobs redundant in other areas, as it cuts its overall workforce by a further 4,600 over the next 18 months. More Info >>
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Date: 11th Oct 2010
The deadline for signing new contracts is fast approaching and it’s clear from the Bank’s latest communications that Senior Management are having to come to terms with the fact that the overwhelming majority of staff have not signed their contracts yet and tens of thousands of staff have said that they have no intention of signing. More Info >>
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Date: 5th Oct 2010
LTU has seen copies of various Bank documents explaining the position on contracts to senior management. More Info >>
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Date: 30th Sep 2010
A few weeks ago LTU made clear our view that the Bank’s agreement with Accord and Unite in respect of HBOS staff did not mean that the new terms and conditions could be incorporated into individual contracts without the agreement of staff. More Info >>
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Date: 28th Sep 2010
LTU’s refusal to sign a collective agreement with the Bank means that Lloyds TSB Staff have a right to choose whether or not to accept the new Terms and Conditions or remain on their existing Contracts of Employment. More Info >>
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Date: 15th Sep 2010
LTSB, HBOS and C&G heritage staff have reacted angrily to the Bank’s decision to blackmail and bully them into signing new contracts of employment which, despite all the Bank propaganda, they still believe will make them worse off. More Info >>
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