No Going Back For TSB – The New Reality
Crisis can be an opportunity for change. Our survey results show that TSB should embrace that change when it comes to the future of home working post Covid-19. As this crisis scythes through the economy, many organisations will be looking to save costs. If having...
Don’t Be Forced To Go Now
The two consecutive quarters of decline caused by the Covid-19 lockdown pushed the UK officially into recession. The economy shrank 20.4% between April and June compared with the first three months of the year. To be blunt, now is not the time for LBAs to be looking...
Cashiers Thrown Under the Bus By TSB
It didn’t take TSB long to use the coronavirus pandemic as an opportunity to cut frontline jobs in a desperate bid to save money. We are on the verge of the second wave of the pandemic in some parts of the country but TSB has decided that now is the best time to throw...
Debbie’s Pension Criticised By Investment Association
And now for something not Covid-19 related. The Chief Executive of TSB, Debbie Crosbie, has been criticised by the Investment Association for refusing to take a pension allowance at the same rate as the majority of TSB staff. The Investment Association, whose members...
Low Hanging Fruit
It seems that following the permanent closure of a number of branches on the back of the Covid pandemic, some area directors and line mangers are approaching staff with ‘redundancy’ offers. The offers we have seen are not based on the redundancy terms we agreed and...
Back To Normal For TSB
TSB is planning to open branches from 9 am to 5 pm with effect from Monday, 29th June. Some branches will also open on Saturday from 9 am – 1 pm for appointments and self-service only. The two employer sponsored staff unions – Accord and Unite - are supporting the...
Working From Home – The New Normal?
As we enter the 9th week in lockdown, we are all settling into routines that a few months ago would have seemed bizarre. Approximately 5,000 TSB staff are now working from home but how long will that continue and would many of those, if given the choice, want to...
The Future Of Pension Contributions?
As it scrambles around to cut costs, our fear is that Lloyds will try to reduce its pension deficit contributions to the defined benefit pension schemes. And the Trustee, which is made up of bank appointees and unelected Member Nominated Trustees, will agree to...
COVID-19 & Individual Rights
The current standoff between the teachers and the Government over the safety of teachers and some children going back to school raises an important legal principle: the right of individual employees to protect their safety. Let’s be clear up front we are not asking or...
Covid-19 – Further Government Announcement
The Government has finally published detailed guidance of what it expects from employers in various work settings and 5 key points it expects employers to implement as soon as practical:"1. Work from home, if you canAll reasonable steps should be taken by employers to...
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