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...

The Pandemic Pay Rise

Inflation matters because higher prices eat into incomes and if incomes don’t grow to match prices, then living standards will fall. The Office for Budget responsibility (OBR), which provides independent and authoritative analysis of the UK’s public...

Fire Sale?

It seems that TSB is now in play. At the weekend news broke that the Co-operative Bank had made an approach about a possible merger with TSB. According to the reports the Co-operative Bank approached Banco Sabadell, TSB’s Spanish owner, a month ago offering to pay...

‘Hybrid’ Working – The Next Steps

A large number of TSB staff will continue to work from home in hybrid ways and we expect that transformation to the new ways of working will begin in Q4. TSB has not committed to an exact date, which is wise given that there is increasing speculation that if the...

Pin It on Pinterest