03 February 2021
Lloyds Banking Group has announced changes resulting in the loss of 190 roles.
The restructuring primarily affects operations on the Isle of Man, Client Products in Commercial Banking and Customer Services Operations.
The job losses will be managed through the joint agreement between Lloyds Banking Group and Accord on redundancy policy and compensation.
The union has contacted impacted members to offer support and advice.
Commenting Accord’s General Secretary, Ged Nichols, said:
“Job reductions are never welcome but particularly in the current economic climate. We'll be working hard to ensure that compulsory redundancies are a last resort, pressing Lloyds Banking Group to make every reasonable effort to find alternative roles for those who want to stay with the Group.”
Our members’ ballot on Lloyds Banking Group's 2023 pay proposals closed at noon on Friday 25 November. A record 65% voted in the ballot and of those, 87% were in favour.
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It’s #LivingWageWeek for 2022 and we’re joining other employers and the foundation to celebrate the hundreds of thousands of low paid workers who have received a pay rise because of the Living Wage movement!
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Accord members in Lloyds Banking Group can now vote in the ballot on the 2023 pay proposals. The ballot will close at 12 noon on Friday 25 November.
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