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New T&Cs - Still Not Good Enough
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Date: 26th May 2010
Today the Bank will announce details of its revised terms and conditions following negotiations with LTU.
Mark Brown, Assistant General Secretary, said “Whilst we acknowledge that the Bank has made a number of changes to its original proposals, members will rightly point out that the Bank is just simply restating the current position in LTSB and the fact remains that on the key issues, most notably pensions, the position remains the same.”
He said “These proposals do not go nearly far enough and should be rejected by members.”
LTU will be balloting members shortly on the Bank’s final proposals with a clear recommendation that they should be rejected.
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