£40 Million In Compensation

May 14, 2021 | All Members, GMP Court Case

We are about to begin the next phase of the Union’s GMP campaign and that will begin to roll out in the next few weeks. Just to recap, last November the High Court ruled that Lloyds are legally responsible for equalising the guaranteed minimum pensions (GMPs) for...

New Strategy Unveiled In May

Apr 22, 2021 | All Members

Sabadell has confirmed that in respect of its international businesses, TSB and Mexico, “No sale process will be initiated in the near future”. However, it’s clear from recent organisational changes initiated by the new Chief Executive Officer, that Sabadell intends...

Legal Action Over Inflation Change

Apr 20, 2021 | All Members, Letters

In previous Newsletters we reported that tens of thousands of Lloyds staff including many who now work for TSB would see their pension benefits reduce because of the changes to way pension increases would be calculated in future. Trustees of the BT, Ford and Marks and...

Back To Normality In TSB?

Mar 26, 2021 | All Members, COVID-19

According to the Office for National Statistics 53% of workers travelled to their place of work last week. The expectation is that will steadily increase after the Easter holidays. The boss of Goldman Sachs, David Solomon, said that working from home is not the “new...

The End Is In Sight

Mar 17, 2021 | All Members, COVID-19, Surveys

The pandemic has not just been a financial disaster, for many of course it’s been a health and well-being crisis too. All our lives have been turned upside down since March last year, and that’s likely to continue well into this year. The effects of Covid on some of...

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