A view from my taste buds
Whilst scanning the newswires this morning, I see the Lloyds Banking Group in the UK is slashing more jobs, which will take them up to 7,000 job cuts since they acquired HBOS (Halifax and Bank of Scotland) and were bailed out by the British government in January. Before coming to live in Cambodia, I worked for LloydsTSB after they took over my long-time employer Cheltenham & Gloucester Building Society. To say things were never the same again after the merger, is an understatement. Working for Lloyds was a nightmare and to be frank, they treated me with utter contempt after 31 years as an employee of C&G and then Lloyds. At the beginning of June, Lloyds announced they will close all 164 C&G branch offices in the UK by November, axing 1,600 jobs as a result. Lloyds, who control 30% of the mortgage market, acquired C&G as their flagship mortgage name in 1995. 19 years before that, in 1976, I joined C&G as a post-room assistant (see my photo from that era) and working at C&G, as we made a name for ourselves locally and then nationally, was rewarding and fun. Merging with Lloyds changed all that. And it continues today for the C&G staff that are left, including my step-daughter. I'm glad I got out when I did but the attitude of Lloyds then and now, continues to leave a very bitter taste in my mouth.