Apr 2, 2019 | All Members
As we predicted, the new Chief Executive of TSB, Debbie Crosbie, has been given the job of slashing costs, including reducing staff numbers (with head office functions in London, Bristol and Edinburgh bearing the brunt of the job losses), closing branches and getting...
Mar 25, 2019 | All Members
Following our Newsletter a few weeks ago TSB has confirmed that it’s closing a number of branches and reducing the opening times for many more over the next few months. Peter Navin, the current Distribution Director, has said: “I am determined to use strategies such...
Mar 14, 2019 | All Members
Pay is not settled yet regardless of what TSB and Accord might think. And nor are bonuses for that matter. According to the latest report and accounts, TSB was able to recover post-migration charges from Sabis, strategic IT partner of the Sabadell Group, for its part...
Mar 4, 2019 | All Members
No matter how hard it tries TSB can’t get away from the consequences of the biggest IT meltdown in corporate history. Last week Metro Bank was awarded £120 million from a fund paid for by the Royal Bank of Scotland to promote competition in small business banking....
Mar 1, 2019 | All Members
TSB is set to announce the closure of 14 branches following the biggest IT meltdown in UK corporate history. It is also planning to reduce the opening times for many branches in an attempt to reduce costs. Lloyds Banking Group adopted a similar strategy and that...
Feb 14, 2019 | All Members
When is an agreement, not an agreement? When it’s an embarrassment! Accord says it’s not agreed to TSB’s 2% pay offer. TSB says that both unions “agree the principles and approach for the 2019 pay increases”. Call me naive but is that not an agreement by any other...
