Accord’s Sell Out Saves TSB £18 Million

Nov 20, 2018 | All Members

TSB will save itself £18 million following the agreement reached with Accord on the Recognition Award. We expected that TSB would seek to recover some of the costs of the IT debacle from staff benefits. What we didn’t expect is that Accord would help them do it. TSB...

£1,500 Slap In The Face For TSB Staff

Nov 16, 2018 | All Members

In recognition for all their hard work in saving TSB from total collapse, staff have today been offered a measly payment of £1,500. After tax, that payment will be worth just over £1,000 to the average member of staff, which equates to £6.06 per working day since the...

The Cost Of TSB’s IT Meltdown: £259,191,231

Oct 31, 2018 | All Members

That is how much the botched IT migration has cost TSB so far according to the latest set of financial results. TSB made a £120.5 million loss for the nine months to September. On the back of the meltdown, Sabadell, TSB’s owner, has seen its share price fall by 24%...

GMP Court Case Judgment

Oct 30, 2018 | GMP Court Case

Please click this text to view a PDF of the judgment. Recent Posts Goodbye To Catalonia Future Pension Increases – Letter To Members And MPs No ‘Money Confidence’ For Staff Pay & Bonuses 2021 Life Made A Little Bit Better In TSB Life Made Worse In TSB Back To...

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