Closing Branches In Scotland By Stealth

TSB managed to make a small profit in Q1 2019 but Sabadell has made it clear to Debbie Crosbie, the new Chief Executive Officer, that she needs to cut costs quickly and it looks like Scotland is going to take the brunt of this race to the bottom. A year-on-year...

Letter To MSPs Regarding TSB Branch Closures

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 Basics – Now Tier 4 Restrictions & TSB “Facts...

Debbie’s Cost Cutting Regime

TSB has confirmed for the first time that its cost income ratio is too high and needs to be reduced significantly over the next few years if it’s to survive. A new Chief Executive is normally given a period of grace to devise a new approach, blame the previous job...

TSB Pay – The Good, The Bad & The Ugly

You know things are desperate when a union starts blaming its members for their lack of action or support. In an incredible admission of failure, Accord has told its members that it couldn’t do anything on pay this year because “Unfortunately, we only received...

Debbie’s Pension – What’s It Worth?

Some members will have seen the recent press coverage on pension allowances for chief executives. This campaign started when we wrote to the Investment Association criticising the pension allowance for Mr. Antonio Horta-Osorio, Group Chief Executive of Lloyds Banking...

Mind The Gap

TSB recently reported its April 2018 gender pay gap results in line with the Equality Act 2010 (Gender Pay Gap Information Regulations 2017). The Groups mean gender pay gap increased from 31% (2017) to 31.2% (2018). So, what that means is the hourly rate for women in...

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