The Cost Of TSB’s IT Meltdown: £259,191,231

All Members

The Cost Of TSB’s IT Meltdown: £259,191,231 That is how much the botched IT migration has cost TSB so far according to the latest set of financial results.TSB made a £120.5 million loss for the nine months to September. On the back of the meltdown, Sabadell, TSB’s...

Union Wins Landmark Legal Case

All Members, GMP Court Case

Union Wins Landmark Legal Case Well, we’ve done it again. In the most anticipated pension case in 30 years, the High Court has ruled today that the Lloyds Banking Group pension schemes must equalise guaranteed minimum pensions (GMPs) for men and women.The outcome of...

Restrictive Covenants

All Members

Restrictive Covenants The Problem This subject is undeniably dry and the implications for most people will not be obvious! Yet, whether they realise it or not, restrictive covenants are a major issue in the employment contracts of many of our members. I said in my...

Contract Checking

All Members

Contract Checking The Problem Starting new jobs can be exciting if challenging and quite rightly most people approach them with enthusiasm and optimism. No one wants to put a damper on that but there are some realities that it’s worth thinking about before starting a...

Employment Tribunal Victory

All Members

Employment Tribunal Victory The Union has won an important Employment Tribunal case for a member sacked by Lloyds Bank. Although the case involved Lloyds, all members should spend the time reading what happened because the case demonstrates very clearly how many...

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