Pay Squeeze For All TSB Staff

The 2022 pay pot, the amount of money the bank spends on pay, is just 4% compared to the current inflation rate of 7.5%, which is the highest it’s been since April 1991. And let’s be honest, that inflation figure is likely to get higher over the next few months. On...

The “Year of the Squeeze”

In a report published on the 29th December, the Resolution Foundation, a well-respected think-tank focused on improving the living standards for those on low to middle incomes said that 2022 would be the “year of the squeeze” on people’s finances. In its quarterly...

TSB To Refurb Branches Only To Close Them Next Year

You couldn’t make this stuff up even if you tried. On a recent teleconference, Carol Anderson, Director of Branch Banking, admitted that many of the 70 branches which will close next year will be refurbished first and then closed. She said TSB couldn’t get out of the...

More Branch Closures In TSB

Now that TSB is in play, it’s become more desperate to cut costs to attract potential buyers. Yesterday, TSB announced that it is closing 70 more branches in Q2 2022 with the loss of 150 jobs. The number of Cluster Managers will fall from 37 to 27, with loyal,...

Carol Anderson – Accord’s New Recruitment Officer?

Just when you thought you’d seen everything – it turns out you haven’t! Accord – the bosses’ favourite staff body – is losing so many representatives that it’s called on its friendly Banking Director to help with recruitment. One can only assume the Banking Director’s...

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