VICTIMS of a £245 million loans scam at the hands of HBOS are to finally receive compensation totalling around £100m.
The subsidiary of Lloyds Banking Group said yesterday that it would pay compensation for “economic losses, distress and inconvenience” as part...
Saturday 8th Apr 2017
posted by Lamiat Sabin in Britain
LLOYDS revealed details of another 100 branch closures yesterday, hitting more than 200 jobs.
The announcement will affect 54 Lloyds branches, 22 Halifax branches and 24 Bank of Scotland branches.
The announcement was met with anger by union Unite, which represents staff across...
Thursday 6th Apr 2017
posted by Peter Lazenby in Britain
LLOYDS Bank clerks are being made to pay the price for a “counter-productive” cuts agenda, their union Unite said yesterday as bosses announced another 1,340 job losses.
Retail workers and other staff across the business will take the hit as Lloyds Banking Group seeks to...
Thursday 13th Oct 2016
posted by Conrad Landin in Britain
Union lambasts ‘body blow to the economy’
Friday 29th Jul 2016
80 jobs to be sent to India ‘to take advantage of cheap labour,’ says Unite
Friday 22nd Apr 2016
THE government announced plans yesterday to reward taxpayers for the public bail-out of Lloyds Bank — but only those wealthy enough to afford shares.
It confirmed plans to sell at least £2 billion worth of shares to the public next spring.
And small investors will...
Tuesday 6th Oct 2015
posted by Morning Star in Britain
UNITE condemned George Osborne as “reckless” yesterday after he announced the immediate sale of the government’s stake in the Royal Bank of Scotland (RBS).
UK Financial Investments (UKFI), through which the Treasury owns its 79 per cent share, is seeking to flog off...
Tuesday 4th Aug 2015
posted by Zoe Streatfield in Britain
LLOYDS Bank was slapped yesterday with a record £117 million fine by the City regulator over the way it handled mis-selling complaints.
The Financial Conduct Authority (FCA) found that the banking group had wrongly denied compensation to customers over payment protection...
Saturday 6th Jun 2015
posted by Paddy McGuffin in Britain
WHILE the government uses billions of taxpayers’ cash invested in Lloyds bank to bribe voters, security workers and other staff at the bank are campaigning for the living wage.
Lloyds used contractor Mitie for security, reception and post room work.
General union GMB is...
Monday 20th Apr 2015
Wednesday 29th Oct 2014