Union News

News 2009

21st December - The Terms & Conditions Ballot 2010
Further our update on December 3rd, we are now providing a short update for members before the Christmas break. Since the Bank published its proposals to integrate terms and conditions of employment ... Read more »

3rd December - Your Future, Your Choice: Terms & Conditions Integration
The Bank published its proposals to integrate terms and conditions of employment for HBOS and Lloyds TSB staff today.A commentary on the key points from the Bank's proposals is available here ... Read more »

1st December - Terms & Conditions Integration
The Lloyds Banking Group announced today that it plans to inform all staff of the proposals to integrate terms and conditions of employment between HBOS and Lloyds TSB staff on Thursday, 3rd December ... Read more »

23rd November - 800+ Lloyds job losses "a body-blow for Aylesbury"
It has been announced today that: Equitable Life plans to end its contract for the provision of administration services with the Lloyds Banking Group. HCL Technologies (HCL) will be appointed as their new third party administrator ... Read more »

13th November - 2010 Job Loss Programme
On Tuesday, November 10th the Lloyds Banking Group announced that 5,000 job losses are planned in Group Operations, Insurance Division and the Mortgage Operations business in 2010.. Read more »

5th November - Bank announces capital raising plans and divestment strategy
On November 3rd the Lloyds Banking Group announced that it plans to raise new capital and to sell some operations to meet the requirements of the European Commission...
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2nd November - Accord comment on speculation about the Lloyds Banking Group
In the light of continued press speculation about the possible sale of parts of the Lloyds Banking Group and the comments of the Chancellor of the Exchequer yesterday (Sunday, November 1st) Accord's General Secretary, Ged Nichols, said in a statement to members today:...
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26th October - Sale of Employee Equity Solutions
The Lloyds Banking Group has announced today that it plans to sell its Employee Equity Solutions business (EES) to the global market-leader Computershare for £40 million. This will lead to the transfer of over 400 employees based in Halifax (approx. 200 employees) ...
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22nd October - The Bigger Picture - UKFI invites Accord to further talks
 The continuing press speculation about the Lloyds Banking Group possibly launching a rights issue to raise capital, the lack of clarity about the Bank’s entry into the Government Asset Protection Scheme ...
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17th October - Union reaction to Halifax Estate Agency Sale
 Lloyds Banking Group’s (LBG) today announced that it plans to sell the Halifax Estate Agency business to LSL Property Services, leading to the closure of 121 banking counters, the transfer of 1,051 employees and the potential redundancy of a further 460.
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28th September - Banking Bail Outs II & Other News
Accord sponsored a fringe event at the Labour Party Conference in Brighton on Sunday, 27th September..
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28th September 2009 - Bank Bailouts – Who have they benefited?
This was the provocative headline of an Accord sponsored fringe event at the LibDem conference in Bournemouth on Monday, 21st September.
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22nd September 2009 - Accord uses to TUC Congress to speak up for Lloyds Banking Group employees
Accord used the national spotlight of the TUC Congress to speak up on behalf of Lloyds Banking Group (LBG) employees last week.
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9th September 2009 - More restructuring announced
 Staff in Lloyds Banking Group’s HR Function have learned today of the outcomes of the “Phase 1” selection process and the new structure charts have been published. Read more »

28th Aug 2009 - Press speculation is unhelpful and distressing for members says Accord
Accord's General Secretary has commented on the speculation in today's press and on the broadcast media about potential job losses in the Halifax branch network. Read more »

25th Aug 2009 - Over 200 jobs to go in review of General Insurance
Members in the General Insurance business, part of the Insurance Division, have been briefed on changes that will lead to some 206 roles being cut. Following the bringing together of the two heritage businesses, the Bank is now seeking to remove duplication in support areas.  The details of the changes are as follows: Read more »

16th July 2009 - Accord calls upon the Lloyds Banking Group to stop the "unsustainable pace of redundancies"
Accord representatives and members should now be aware that the Lloyds Banking Group announced a further 1200 job losses today. This briefing sets out: * Accord’s reaction * More details of the changes * How Accord deals with job loss announcements in the Lloyds Banking Group Read more »

9th July 2009 - Accord comment on Lloyds Banking Group announcements 09/7/09
There have been some further restructuring announcements made by the Lloyds Banking Group this week. Read more »

30th June 2009 - Accord comment on Lloyds Banking Group announcements 30th June
The Lloyds Banking Group today announced changes in its Group Operations and Wholesale Divisions. The changes amount to the largest single set of announcements in one day with over 2,100 roles expected to be impacted over next three years. . Read more »

23rd June 2009 - Accord comment on Lloyds Banking Group announcements 23/6/09
The Lloyds Banking Group today announced changes in its Wealth & International Division and the Union is contacting the impacted members in the Division to offer support. . Read more »

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