Home » Industrial relations » National industrial relations » Great Britain: Lloyds Bank Group derecognizes one of its founding trade unions amid intra-trade union discord Great Britain: Lloyds Bank Group derecognizes one of its founding trade unions amid intra-trade union discord The Lloyds Bank Group is to derecognise its biggest union, the Lloyds Trade Union (LTU) that represents some 30,000 members in the group. This results from a breakdown in industrial relations with what used to be characterised as one of the most moderate unions in banking and finance. Derecognition means that the LTU will no longer be accorded the right to collective representation and collective bargaining in the company. Consequently, it will no longer be able to bargain over terms and conditions of employment although it will be able to continue to represent individual members through the legal right to accompaniment. Through . Published on 20 July 2015 Ă 16h29 - Update on 20 July 2015 Ă 16h29 Resources Membership.The LTU is a longstanding union from within the original Lloyds bank and has maintained its positon throughout the mergers, acquisitions and expansions of the bank. Along the way, the LTU was joined in this process as a recognised union in the bank by the Accord (22,000 members) and Unite (10,000 members) unions, both of which are smaller unions but with a combined membership which is on a par with that of the LTU.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialitĂ©.CommentsThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels