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Lloyds staff deserve recognition for putting the bank ...

Lloyds staff deserve recognition for putting the bank on the road to recovery

01 March 2013

Unite, Britain's biggest union, has called on Lloyds to recognise the contribution staff have made to putting the bank on the road to recovery.

The bank made pre-tax losses of £570 million in 2012, after losses of £3.5 billion the previous year.

Unite national officer Dominic Hook said: "Lloyds says it's helping Britain prosper but it sacked 35,000 staff and the majority of workers left are stressed, overworked and feel far from prosperous.

"Staff in call centres, branches and the back office have played a significant role in getting Lloyds on the road to recovery.  However, once again it's the highest paid staff at the bank who get the biggest share of the bonus pot while low paid workers share the crumbs.

"It's now time for the bank to put an end to mass redundancies, to foster job security, pay workers fairly and concentrate on customer service.

"Lloyds is still making a loss and it's tainted by scandal, there is no justification for Antonio Horta-Osorio's share pot. Customers and staff have a right to be angry. They won't understand why those at the top are being rewarded."

ENDS

Contact: Ciaran Naidoo on 07768 931 315 

  • Unite is Britain and Ireland’s largest trade union with 1.5 million members working across all sectors of the economy. The general secretary is Len McCluskey.