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Latest News
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Date: 27th Apr 2009
LTU has asked the Bank for a written guarantee that the Lloyds Banking
Group will keep open the Lloyds Bank No 1 and TSB Bank No 2 Pension Schemes to future accruals (jargon for future benefits) and preserve in their entirety the benefit structures of the two schemes. More Info >>
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Date: 20th Apr 2009
When LTU began its campaign against offshoring in 2000 we made clear that our opposition to moving jobs abroad was based on three main arguments:
1. More Info >>
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Date: 9th Apr 2009
All staff should have been informed of their pay awards for 2009. More Info >>
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Date: 3rd Apr 2009
Members will be aware that following the announcement of the Bank's participation in the Government's Asset Protection Scheme LTU proposed that staff whose bonuses are being deferred should have the option of taking interest free loans, equivalent to the value of any deferred bonuses, with the loans being paid back in three equal annual instalments in June 2010, June 2011 and June 2012. More Info >>
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Date: 27th Mar 2009
Today staff in the Network will receive an Interchange message telling them that the threshold level for the payment of bonuses is being increased from 90% to 100%. More Info >>
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Date: 24th Mar 2009
As part of ‘Wave’ 3 of the integration of Lloyds TSB and HBOS, 785 Senior Managers were in the selection pool for over 400 roles in the new Group. More Info >>
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Date: 17th Mar 2009
The Bank has written to pay recommenders regarding the bonus awards for 2008 and told them the awards they thought they were giving to their staff have, for a second time been substantially reduced. More Info >>
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