Aug 14, 2020 | All Members, COVID-19
The two consecutive quarters of decline caused by the Covid-19 lockdown pushed the UK officially into recession. The economy shrank 20.4% between April and June compared with the first three months of the year. To be blunt, now is not the time for LBAs to be looking...
Aug 11, 2020 | All Members, COVID-19
It didn’t take TSB long to use the coronavirus pandemic as an opportunity to cut frontline jobs in a desperate bid to save money. We are on the verge of the second wave of the pandemic in some parts of the country but TSB has decided that now is the best time to throw...
Jul 24, 2020 | All Members
And now for something not Covid-19 related. The Chief Executive of TSB, Debbie Crosbie, has been criticised by the Investment Association for refusing to take a pension allowance at the same rate as the majority of TSB staff. The Investment Association, whose members...
Jul 21, 2020 | All Members, COVID-19
It seems that following the permanent closure of a number of branches on the back of the Covid pandemic, some area directors and line mangers are approaching staff with ‘redundancy’ offers. The offers we have seen are not based on the redundancy terms we agreed and...
Jun 12, 2020 | All Members, COVID-19
TSB is planning to open branches from 9 am to 5 pm with effect from Monday, 29th June. Some branches will also open on Saturday from 9 am – 1 pm for appointments and self-service only. The two employer sponsored staff unions – Accord and Unite – are supporting...
May 29, 2020 | All Members, COVID-19
As we enter the 9th week in lockdown, we are all settling into routines that a few months ago would have seemed bizarre. Approximately 5,000 TSB staff are now working from home but how long will that continue and would many of those, if given the choice, want to...
