Lloyds Banking Group has announced significant changes to its Back to Your Best performance management guidance, effective from 24 March 2025. Both Accord and Unite have serious concerns about the impact of these changes on colleagues, particularly those managing health conditions or disabilities.
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The latest news and discussions between Accord and Lloyds Banking Group - including changes in the branch network, our support for members through Platform 3.0, our challenge to LBG over an unacceptable TUPE transfer, and our fight for stronger flexible working rights - plus more.
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After listening to members' feedback, Accord has signed a deal with TSB on the 2025 pay offer. All pay rises that are due in April will be paid, with a commitment from the bank to revisit salary discussions if prolonged inflationary increases occur.
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On this International Women's Day, let’s accelerate action for women's equality, and take a moment to celebrate the remarkable contributions of women trade unionists within our Accord family.
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Today, Lloyds Banking Group announced further restructuring across four business areas bringing the number of redundancy and branch closure programmes this year to 21.
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The TSB variable pay award payable in March 2025 has been announced today, along with the details for the pay proposals for April 2025 following negotiations with Accord and Unite. No agreement has been reached at this stage.
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Lloyds Banking Group has today announced major changes which are described as “... – a gamechanger for Lloyds Banking Group, that’s going to drive engineering excellence, deliver enhanced customer experiences and fuel our growth to become the UK's biggest Fintech.”
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Today, Lloyds Banking Group announced its third major restructuring of the year, involving one announcement impacting Community Banks. This brings the total to 15 separate announcements already made this year. This transformation strategy will see 136 branch closures as part of its ongoing efforts to adapt to changing customer behaviour and modernise services
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Today, Lloyds Banking Group announced its second major restructuring of the year, involving nine announcements. The changes include significant increases in outsourcing to third-party suppliers.
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