Back To Basics – Now

TSB should go back to basic banking and the measures introduced in the first lockdown with immediate effect. Staff safety must be TSB’s first priority, not money confidence! The Prime Minister announced last night that people in all of England must now stay at home...

Tier 4 Restrictions & TSB

At yesterday’s Government press conference, the UK’s top scientist, Sir Patrick Valance, warned that the new strain of coronavirus is now “everywhere” in the country and the likelihood is that more areas will be moved into Tier 4 in the next few weeks. The Welsh...

“Facts are stubborn…..statistics are pliable”

On the 25th November, HM Treasury and the UK Statistics Authority published their response to this year’s consultation on the reform of the Retail Price Index (RPI). This so-called reform, if implemented, could result in millions of retirees seeing significant cuts in...

The Future Of TSB

It seems that the writing is on the wall for the future independence of TSB. The news that Spain’s second biggest bank BBVA has pulled out of merger talks with Sabadell because they couldn’t agree a price, confirms our worst fears: that TSB will be sold off. The...

Union Wins Landmark High Court Action, Again.

We’ve won in the High Court again. In the second part of the most important pension case in 30 years, the High Court has ruled today that the Lloyds Banking Group pension schemes are legally responsible for equalising the guaranteed minimum pensions (GMPs) for those...

Moving Between Branches

TSB has said: “travelling between branches should remain within the current guidelines of no more than one branch a day and no more than 3 branches in a week”. The bank’s policy is creating too much stress and anxiety, and it needs to accept that some branches will...

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