Lloyds' use of staff bank data during pay talks 'concerning'

Published: 11/11/2025
Lloyds' use of staff bank data during pay talks 'concerning'
Lloyds Banking Group's use of employees' bank data during pay talks has raised concerns, with the union calling it "concerning." The UK's largest lender compared staff spending habits to the public's amid cost-of-living comparisons, drawing data from over 30,000 accounts. Despite denials of lower pay justifications, unions have flagged worries over the use of personal data, urging the Information Commissioner to investigate.