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LTU’s Industrial Action Ballot
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Date: 2nd Jun 2005
The failure of our negotiations with the Bank, both internally and at ACAS, to find any agreed settlement on pay, despite the Bank announcing profits of £3.49bn, leaves Lloyds TSB Group Union, the largest union in Lloyds TSB with 45,000 members, no alternative but to ballot members on industrial action.
The form of industrial action the Union's General Council has decided to implement is a ban on all forms of non-contractual overtime and the withdrawal of goodwill. LTU is balloting its members on the type of industrial action that is most likely to bite hardest over a protracted period, rather than opting for more tokenistic one-day strikes.
Mr M Brown, Assistant General Secretary, said, “The current pay system will be in place for many years and if members want to change it for the better then everyone needs to take a stand against it now.
The issues are clear, the way forward is clear, what we need is for members to vote immediately.”
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