Lloyds Banking Group is a multi-billion pound company - it's time to give those of us who work there a proper pay-rise!
Why is this important?
Lloyds Banking Group has announced that it will reward its shareholders with a £1.4 billion pay-out and a £2 billion buy-back scheme after making astronomic profits of £5.9 billion after tax in 2021.
But in spite of these incomprehensible numbers, the bank has abandoned its workers to the cost of living crisis by implementing a pay rise which is well below inflation levels.
For years, many of us have served the bank on low salaries of around £22,000 - answering phone-calls night and day, protecting customers from fraud, & inputting information. We and our families now stand to be pummelled by the cost of living crisis - which will see the biggest drop in living standards since the 1950s - while the bank stands back & willingly lets it happen.
How can it be fair to pay shareholders billions, while we can barely keep our heads above water?
Instead of being the CEO who prioritised already-wealthy shareholders and abandoned workers in the middle of a catastrophic living-standards crisis, we demand that Charlie Nunn do the right thing and meet our demand for an inflation-matching pay-rise.
While this would be a drop in the ocean for the bank - it would make a world of difference to us.
How it will be delivered
The signatures on this petition will be delivered by e-mail to Charlie Nunn.
