Lloyds workers could strike over DB scheme changes

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Lloyds Banking Group (LBG) workers may strike over the group's decision to cut pensionable pay increases from its defined benefit (DB) schemes.

Earlier this month, LBG launched a consultation to reduce the 2% cap on annual increases in pensionable pay to 0% from all of its six closed DB schemes (PP Online, 6 November), after it claimed two...

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