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.


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The Worst Deal Ever

21 Jun 2017

The outsourcing and then offshoring of 500 permanent IT staff to IBM may be cost neutral for the Bank but it certainly isn’t cost neutral for those staff who are being forced to move to IBM. And you can bet that those Senior Managers who have been at the forefront of pushing for this outsourcing/offshoring model will be justly rewarded when bonuses are being distributed at the end of the year.

The compensation payments, and we use those words loosely, agreed by the Bank, the HR approved unions and IBM, are derisory both in respect of the huge financial losses IT staff face and compared to the terms that LTU has negotiated previously on behalf of staff.

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