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...
Jul 28, 2021 | All Members, COVID-19
Last week the number of people in self-isolation after being pinged by the NHS Covid-19 app hit a record 619,000 people. Those who are ‘pinged’ have to self-isolate for up to 10 days, although that can be longer if the person goes on to develop symptoms. In TSB staff...
Jul 19, 2021 | All Members, COVID-19
TSB was one of the slowest organisations to introduce COVID restrictions to protect staff and customers but it’s one of the first to get rid of them. In respect of face coverings, TSB has said that it’s up to customers to decide whether or not they wear them from...
