It seems that Gareth Oakley, SME Managing Director, couldn’t wait until the announcement of Group Strategic Review 3. Today he announced that following a review of the SME business model he’s concluded the business can do better with 162 fewer staff effective from 11th June 2018. The Group has announced plans to reduce staff numbers by 930 across six businesses. We will cover those changes in a seperate newsletter.
Lloyds Banking Group staff are represented by an independent trade union committed to protecting their interests and their interests alone. LTU is not affiliated to the TUC or any political party and we are free to determine and pursue the best policies for Lloyds Banking Group staff.
LTU represents members in Lloyds, Scottish Widows, Halifax, BOS and the other companies within the Lloyds Banking Group.