TSB Redundancies
Responding to Mr. Cesar Gonzalez-Bueno, the Sabadell Chief Executive Officer, who said last week that a £29 million provision was booked for costs cuts, TSB told staff: “despite the headlines, any further potential changes are still some way off”. Well, it’s only a...
Pay 2024 & Redundancies
Whilst TSB has tried to put the cat back in the bag, the truth of what’s going to happen over the next 12 months was revealed by Sabadell last week. Mr. Cesar Gonzalez-Bueno, the Sabadell Chief Executive Officer, said when the results were announced last week that a...
£1,000 Help For TSB Staff Needed Now
TSB should use some of its increased profits from higher interest rates to give all staff an additional cost of living payment of £1000 before Christmas. Lloyds has just announced that it is giving staff and extra £500 in December. It should be a lot more given the...
The Changing Face of Representation
It’s stating the obvious to say that over the last 30 years the workplace has changed dramatically through a combination of technology and much different employer and employee attitudes. One of the areas affected most has been what used to be personnel, now human...
When Is It Closing, Gary?
At a meeting with staff in Ariel House on 8th March 2023, Gary Jones, Customer Delivery Director, gave the clear impression that the building was going to be closed and a new one found locally. To say that Ariel House needs a lick of paint is a massive understatement....
Major Step Forward In The Campaign For Fair Treatment Of Staff
“We recognise that ensuring a fair environment for employees can be a good indicator of a firm’s culture, which we see as important for how it is treating its customers as well.” They’re the words of the FCA in a recent letter to the union. It’s a crystal-clear...
Does Your Employer Know You’re Disabled?
A recent case heard at the Employment Appeals Tribunal (EAT) has highlighted the importance of disabled employees informing their employers of their disabilities. The Equality Act 2010 says that people are disabled if they have a physical or mental impairment which...
Pay 2023 – One of the Worst Deals In The Finance Sector
At the same time as reporting record profits and a £50 million windfall dividend for its parent company, TSB is proposing to give its staff a miserly 6.5% pay increase. And that at a time when inflation is running at 13.4%. To put it simply, every member of staff in...
TBU Secures Top-Up Payments Worth £63 million
The Trustee of the Lloyds Banking Group Pension Schemes has said for the first time that it’s going to make top-up payments to those TSB members who transferred out of their final pension schemes. It will start making those payments later this year. We estimate that...
Confirm It In Writing!
“My manager said I could try the new job and if I wasn’t happy with it I could go back to my old role. Now they’re saying that this assurance was never given and that my transfer is permanent.”. I’m sure you won’t be surprised to hear that routinely we receive calls...
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