Dec 1, 2021 | All Members
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,...
Nov 4, 2021 | All Members
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...
Nov 2, 2021 | All Members, Pay
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...
Oct 27, 2021 | All Members
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...
Sep 23, 2021 | All Members, GMP Court Case
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...
Aug 19, 2021 | All Members
The Financial Conduct Authority (FCA) is considering introducing new rules which would give it the power to stop banks from closing branches. It is estimated that since the pandemic began, some 529 branches have been earmarked for closure. TSB has closed 246 branches...
