Lloyds investigates use of staff banking data in pay talks

CEO Charlie Nunn tells staff that issue ‘created some concern’ but insisted ‘we definitely have listened to it’ Business live – latest updates The boss of Lloyds Banking Group has told staff that it is investigating a controversial decision to use employee bank account data during pay talks with unions last year. In a town hall meeting open to the bank’s 64,000 staff at the start of February, Charlie Nunn conceded that the move “obviously has created some concern” but tried to assure workers that “we definitely have listened to it”. Continue reading...

By Kalyeena Makortoff Banking correspondent